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BOFA stands for "Bank of America." It is one of the largest financial institutions in the United States, offering a wide range of banking, investment, and financial services to individuals, businesses, and institutions. Founded in 1904 as the Bank of Italy in San Francisco by Amadeo Giannini, the bank initially catered to immigrants and small businesses overlooked by traditional banks. Over the years, through a series of mergers and acquisitions, the bank expanded its operations and geographic reach, eventually adopting the name Bank of America in 1930. Today, Bank of America operates a vast network of branches and ATMs across the United States and serves millions of customers worldwide through its online and mobile banking platforms. The bank provides a comprehensive suite of products and services, including checking and savings accounts, credit cards, mortgages, loans, investment management, wealth management, retirement planning, insurance, and merchant services. Bank of America is also a leading provider of corporate and investment banking services, serving businesses, governments, and institutional clients with a wide range of financial solutions, including capital raising, mergers and acquisitions, corporate finance, treasury management, and risk management. As one of the "Big Four" banks in the United States, Bank of America plays a significant role in the country's financial system and economy, contributing to economic growth, job creation, and financial stability through its lending, investment, and community development initiatives.