Low minimums to open checking or savings accounts: You can open a checking or savings account for $100 or less, which makes it easier for consumers to switch banks.This gives customers the peace of mind that they’ll have access to their money no matter where they travel. Unparalleled access with approximately 3,900 branches and approximately 15,000 ATMs: Bank of America has one of the largest networks of branches and ATMs in the U.S.