Bank of America Brings Free Equity Trades to Oklahoma

Bank of America N.A. has expanded its free online equity trades service to customers in Oklahoma.
Under the program, customers with at least $25,000 in deposits in any combination of checking, savings, CDs or FDIC-insured IRAs in Oklahoma will automatically be eligible for up to 30 free online equity trades per calendar month.
Bank of America said its primary retail brokerage company, Banc of America Investment Services, Inc., accelerated the rollout schedule of the offer in response to growing consumer demand.
Introduced in the Northeast in early October and the Mid-Atlantic and Southeast in early November, free trades through BAI are now available to Bank of America customers throughout the Midwest and Southwest regions of the U.S. In addition to Oklahoma, new markets include Alaska, Arizona, Arkansas, Colorado, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oregon, South Dakota, Tennessee, Texas, Utah, West Virginia, Wisconsin and Wyoming. The offer to Midwest and Southwest region states was originally scheduled for early 2007. The offer will be available in all 50 states by the end of first quarter 2007.
About 52 million American households, or 40 percent of Bank of America’s customers, are eligible for this offer based on household assets.
“The introduction of free online equity trading is helping to redefine what consumers can expect from Bank of America,” said Barbara Robinson, Southwest Division Executive for Bank of America’s Global Consumer & Small Business Bank.

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