I am an 18 year old and I opened my first savings account with Bank of America. I am satisfied with my account in every way except one. I feel that the interest rate is much lower than what other banks offer. I also feel that Bank of America should notify their account holders when the interest rate changes, so that we can track our interest earned more accurately. Overall, I realize that in these economic times, interest rates have declined so I am still quite satisfied with Bank of America.