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flag Bank of America warns it may close inactive accounts, transferring funds to state custody.

flag Bank of America warns it may close accounts inactive for three years, transferring funds to state custody under escheat laws. flag This affects checking, savings, IRAs, CDs, and uncashed checks. flag Customers should log in regularly, set up alerts, and maintain activity to keep accounts active. flag If notified, quick action is advised to avoid account closure and complications in retrieving funds from the state.

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