US Treasury Banks With Bank of America

By Harry Sit

I know many people complain about Bank of America. I saw this stamp on the back of the check I wrote for my 2010 federal income tax.

Apparently the IRS took my check and deposited it in US Treasury’s account with Bank of America. It makes Bank of America true to its name.

2.2% Rewards Card $444 Bonus

Earn 2.2% toward travel on all purchases with Barclaycard Arrival World MasterCard. No caps and no foreign transaction fees. 40,000 bonus points if you make $1,000 or more in purchases in the first 90 days. $89 annual fee waived in the first year (40,000 bonus miles pay for 5 more years after that). Learn More

Software picked, likely related posts:

Posted on April 14, 2011 under Banking and Credit Cards.

Leave a comment

Comments

3 Comments on US Treasury Banks With Bank of America

  1. Random Poster on April 14, 2011
     

    Does the US government still own part of B of A? If so, isn’t this basically saying that the Treasury is putting its money in its mattress?

  2. TFB on April 14, 2011
     

    No, not any more. B of A paid back the TARP money in December 2009.

  3. nickel on April 16, 2011
     

    Truly too big to fail, I guess. ;-)

Tell me what you're thinking, but please don't spam. See comments moderation policy.