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March 28, 2015 2:59 PM ET

Consumer Finance

Company Overview of FIA Card Services, N.A.

Company Overview

As of October 1, 2014, FIA Card Services, N.A. was acquired by Bank of America, National Association. FIA Card Services, N.A. operates as a credit card lender. It also provides retail deposit, consumer loan, and insurance products. The company markets its products through membership organizations and financial institutions. It was formerly known as Mbna America, National Association and changed its name to FIA Card Services, N.A. in June 2006. The company was founded in 1991 and is headquartered in Wilmington, Delaware.

1100 North King Street

Wilmington, DE 19884

United States

Founded in 1991

Phone:

302-432-3252

Fax:

302-432-3422

Key Executives for FIA Card Services, N.A.

FIA Card Services, N.A. does not have any Key Executives recorded.

FIA Card Services, N.A. Key Developments

FIA Card Services, N.A. Wins Contract from New Jersey Department of Treasury

New Jersey Department of Treasury, Division of Purchase and Property has awarded a contract (T-1654) for purchasing card for the state of, NJ and ICC agencies to FIA CARD SERVICES, NA. The contract period is form August 8, 2013 to August 7, 2016.

Consumer Financial Protection Bureau Orders Bank Of America N.A. and FIA Card Services, N.A to Pay $727 Million in Consumer Relief for Illegal Credit Card Practices

The Consumer Financial Protection Bureau (CFPB) has ordered Bank of America, N.A. and FIA Card Services, N.A. to provide an estimated $727 million in relief to consumers harmed by practices related to credit card add-on products. Roughly 1.4 million consumers were affected by Bank of America's deceptive marketing of their add-on products. Bank of America also illegally charged approximately 1.9 million consumer accounts for credit monitoring and credit reporting services that they were not receiving. Bank of America will pay a $20 million civil money penalty to the CFPB.

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