Yes Bank of America is a very good bank. It is the second largest bank holding company in the United States by assets.

As of 2013, Bank of America is the twenty-first largest company in the United States by total revenue. In 2010, Forbes listed Bank of America as the third biggest company in the world

As you want to open Regular Saving account so here I am providing you details about this Type of Account of this Bank

Regular Saving account

-Low minimum opening deposit of $25

-Eligible for enrollment in Keep the Change® savings programFootnote 1

-Transfer money between your checking and Regular Savings accounts

-Use it for overdraft protectionFootnote 2 to cover your eligible checking account

-Balances are FDIC insured up to applicable limits


Additional services and programs

-Overdraft protectionFootnote 2 – Transfer funds automatically from a linked savings account or credit card if your checking account is overdrawn

-Online banking and Mobile BankingFootnote 3 – Manage your money, even on the go

-Keep the ChangeFootnote 1 – Turn everyday purchases into everyday personal savings

-Short term savings tool - A good savings plan goes a long way toward making your short term savings goal a reality


Fees:
No monthly fee when you meet one of the following requirements each statement cycle:

-Maintain a $300 minimum daily balance

OR
-Link to your Bank of America Interest Checking® Account (waiver applies to first 4 savings accounts)

OR

-When you are a Bank of America Preferred Rewards client (waiver applies to first 4 checking and savings accounts)

To avoid the monthly maintenance fee you may also make combined monthly automatic transfers of $25 or more from your Bank of America checking account to your savings account during the immediately preceding statement cycle.

Otherwise, $5 monthly maintenance fee