Shit just got real. It is not your money now,it's their money and they are loaning it to you like Microsoft and Apple loans you their OS.
BOA let me close mine a few years ago when I moved my money to a credit union.
Dang, this is true. I am so glad I closed my account with them years ago and took part in a class action lawsuit against them when one of their drug addicted workers stole a significant amount from me (and obviously many others). I always tell people never to use BOA.