If it's an FDIC-insured Money Market Savings Account (not a Money Market Fund), then you *should* be fine, assuming that the FDIC doesn't go under.
The old Bank of America was based out of Los Angeles, until bought by A.P. Giannini's Bank of Italy out of Frisco. Of course, the whole outfit was later taken over by NationsBank out of Charlotte.
my Mom has money in Bank of America as well as Well’s Fargo, is Bank of America on the verge of tanking?
My Mom and Dad used to bank at Giannini’s in FResno. I still have a few statements and canceled checks from around Oct 1929. It was around this time AP took over BofA as I have a couple of statements and checks on that bank. Shortly after that they lost the farm and had to move...