Some Bank of America customers reported that their expected deposits on Friday were not made or arrived late.
SAN FRANCISCO - JANUARY 20: The Bank of America logo is displayed on the side of a Bank of America branch office January 20, 2010 in San Francisco, California. Bank of America reported a fourth quarter loss of $5.2 billion or 60 cents a share compared to $2.4 billion or 48 cents one year ago.
"Some deposits may be temporarily delayed," read a notification that a Bank of America customer received.Some Wells Fargo customers toldAccording to Downdetector, which tracks the status of various websites and services, reported customers at Bank of America, Chase, US Bank, Truist, and Wells Fargo complained of issues Friday morning.for various financial institutions were made between 9:30 a.m. and 10: 30 a.m. ET.
Bank of America noted that customers accounts are "secure." They assured that "balances will be updated as soon as deposits are received."The issue appears to be related to the automated clearing house, which is a network for processing transactions, according toThe National Desk reached out to Bank of America and Wells Fargo for comment.Bank of America and The Clearing House have not responded since this news article was published.
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