Checked my Equifax report this weekend and noticed that my Bank of America account now shows up as Nations Bank? I know they acquired Nations in the past, but it is kind of bizarre that all of a sudden they are reporting under this name. In addition, I had a Cross Country Bank card in the past. That trade line now shows up as Ocean Independent Bank. Wonder if they are being bought out. I never had a problem with them, but better management is definitely needed. Just thought I'd share.
but bank of america aquired fleet. so is bank of america going to change their name to nations bank. www.nationsbank.com goes to bank of america. so.....????
Re: Nations Bank, Ocean Bank on Equ Bank of America bought NationsBank, not the other way around. It has been Bank of America for 4 or 5 years now. As to why it suddenly shows up as NationsBank, I have no idea, But trust me, BofA does have the NationsBank records and will send them to you to prove their point.
Re: Nations Bank, Ocean Bank on Equ Nationsbank bought Bank of America. They just kept the Bank of America name.
Re: Nations Bank, Ocean Bank on Equ i wonder where you got this information. it just seems like Bank of America is toooo huge to be bought out like that. i havent heard of nations bank before. do you have a link?
Re: Nations Bank, Ocean Bank on Equ "The second-largest, NationsBank's purchase of BankAmerica in 1998, created Bank of America..." is a quote from the article in this link http://www.myrtlebeachonline.com/mld/sunnews/2003/10/28/business/7122622.htm I had to look it up b/c I knew about it from my father who works in banking. He had told me some time ago that it was a common misperception that BofA bought Nations when it's really the other way around. I only learned about Nationsbank's existence when they started buying banks in the DC area when I lived there a few years ago.
Re: Nations Bank, Ocean Bank on Equ My Nationsbank cc became Bank of America and started reporting as such a few years ago. As to why an Equifax report is now showing a Bof A as Nationsbank, it's probably their data getting screwy once again. I can't get CW for some reason (don't ask, I barely know myself, file too long or some such) so I haven't seen my EQ report in awhile so I don't know if this change happened to me too. Never heard of Ocean Bank...
Re: Nations Bank, Ocean Bank on Equ here another article from Bank of America's newsroom http://www.bankofamerica.com/newsroom/speeches/speech.cfm?SpeechID=speech.19980413.02.htm Remarks at the BankAmerica/NationsBank Merger Press Conference James H. Hance, NationsBank Vice Chairman and CFO Waldorf-Astoria Hotel Arpil 13, 1998 New York, NY The article is too long to post, but you can view it at the link provided above.
Re: Nations Bank, Ocean Bank on Equ NATIONS BANK is on my AR INQUIRES too...they were NOT there LAST MONTH!!!