Bank of America’s Online Banking Crashes

Bank of America says its online banking website crashed Friday, leaving customers temporarily unable to access their accounts.

From late morning Friday, customers trying to log on saw a message that said the site was “temporarily unavailable.”

Bank of America Corp., which is based in Charlotte, N.C., and is the second-largest U.S. bank by assets, said it was working on the problem. But it wouldn’t elaborate on what caused the outage.

“We’re aware of the online banking issue and addressing [it] as quickly as possible,” Mark Pipitone, a spokesman for the bank, wrote in an email. “We’re also working closely with our customers to help alleviate any concerns.”

Angry Bank of America customers took to social networks to say that they were left frustrated, trying to do their banking on the first day of the month. The lender noted on its page that its ATM’s were running and that its credit and debit cards were also working.

Customers of another bank, BBVA Compass, also hit social networks on Friday to complain about problems accessing their accounts online.

The bank responded that it was working to resolve system issues affecting direct deposits, such as payroll and Social Security checks, online banking and phone-banking access.

The lender announced a few hours later that the problems had been resolved.

The bank urged customers who were charged fees as a result of the problem to contact it.

Earlier Friday, spokesman Thaddeus Herrick did not elaborate on what might have caused the problems.

BBVA Compass is the U.S. division of Banco Bilbao Vizcaya Argentaria SA, Spain’s second-largest bank.