The federal government on Thursday fined Bank of America $225 Million for “botching” its handling of unemployment funds during the pandemic. It also ordered the bank to pay millions of workers. The ...

(KRON) — The California Employment Development Department is dropping Bank of America as its partner for distributing unemployment benefits. In a news release on Friday, the EDD said it would be ...

SAN FRANCISCO -- The Employment Development Department, already beset by turmoil, just renewed its troubled partnership with Bank of America, a move that infuriated many lawmakers and the bank itself.

SAN FRANCISCO (KGO) -- Big news for those collecting unemployment payments. Bank of America is out and Money Network is in. You may remember during the pandemic there were huge problems with getting ...

SAN FRANCISCO -- A federal indictment in Arkansas is shedding new light on the massive fraud that hit the California unemployment system during the pandemic. A federal grand jury charged 10 Arkansas ...

Money is a leading cause of divorce, but it’s also at the root of the unhappy marriage between the Bank of America and California's Employment Development Department. The bank has said publicly it ...

OAKLAND, Calif. - A new round of deceiving text messages are popping up on cell phones, sent by scammers claiming to be from the California EDD or Bank of America. In recent weeks, several ...

Starting Monday, 850,000 unemployed Californians will be sent letters informing them of new processes for their funds. Those letters will tell those receiving benefits to be on the lookout for new ...

SAN FRANCISCO (KGO) -- The Employment Development Department, already beset by turmoil, just renewed its troubled partnership with Bank of America, a move that infuriated many lawmakers and the bank ...