Credit and Banking

Credit can be an important component in structuring wealth management strategies to achieve your financial goals. As part of Bank of America, we can provide substantial capital for virtually any borrowing need. We also offer banking services that can make it easier to manage your day-to-day finances.

Strategic, customized credit

At U.S. Trust, we focus on both sides of your balance sheet and can advise you on credit as well as investment strategies. Your advisor can work with credit specialists to design credit solutions customized to your liquidity needs, long-term objectives and tax situation.

We can also help you pursue financial opportunities by providing liquidity for entrepreneurial transactions, major acquisitions such as yachts and aircraft or the purchase of commercial, investment and recreational real estate.

Expertise in real estate

Personal real estate may be among your most significant assets. You will be advised by U.S. Trust specialists who understand complex, high-dollar transactions, and you can benefit from the extensive custom mortgage financing experience of Bank of America. You can also take advantage of home equity lines of credit, which can be used for virtually any purpose and may offer tax advantages.

Capital markets strategies to manage interest rate risk

If you have significant borrowing needs, shifts in interest rates can affect both your investment portfolio and your overall wealth. A credit solution that includes an interest rate swap, cap, collar or other flexible strategy may be appropriate to help you manage interest rate risk, while meeting your income and borrowing requirements.

Structured deposits to match your timeline

You may want to invest substantial cash reserves, such as the proceeds from the sale of real estate. We can structure a program that matches your liquidity needs with customized maturities, terms and rates based on the size and nature of the deposit.

Banking solutions

You can choose from a number of preferred banking services to complement your everyday financial needs, including innovative checking and savings accounts. At Bank of America, you will have access to the largest bank-owned network of ATMs in the U.S., as well as our award-winning Online Banking service. This service includes industry-leading security measures that offer an extra level of protection to help protect your identity. To learn more about our award-winning safety and security features, visit the Bank of America privacy and security site. In addition, exceptional service and purchasing power are available to you with your choice of credit cards.¹

Comprehensive services to meet business needs

If you own a business, you may require a banking approach that reflects the links between your business and personal finances. At Bank of America, you will find a range of services, from deposit accounts and treasury management services to payroll and merchant card processing.

These services complement the guidance available from U.S. Trust on more strategic issues, such as business succession planning, tax planning, liquidity strategies and ownership structure.

¹Credit is subject to approval, and normal credit standards apply. Credit cards are issued by FIA Card Services, N.A. Review the cardholder agreement mailed with your credit card for details about the card.