The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.
A Sunday night deadline loomed as JPMorgan and PNC were said to be interested in acquiring the troubled lender after it is seized by the Federal Deposit Insurance Corporation.
Bank of America's request to end its EDD contract comes one month after it lost a class-action suit alleging it failed to provide protections for unemployment debit cards.
In an email to constituents, Mayor Sam Liccardo summed up his first 100 days in office, which were marked by public ceremonies, new spending plans, partnerships and, just last month, a tragedy that shook the city.