Bank of America: Bank of America's grave warning: Is your account at risk of closure? Here's how to prevent inactivity, protect your funds, and avoid escheatment transfers

Bank of America is warning customers that inactive accounts may be closed or have their funds transferred to state custody under escheatment laws. If an account shows no activity for about three years, it is marked "abandoned," and the funds could be handed over to the state. To prevent this, Bank of America recommends logging in regularly, making small transactions, and using digital banking tools. Staying informed and engaged with your account can prevent unexpected complications and ensure uninterrupted access to your money.