Bank of America is Draining CA EDD Accounts

On December 2, 2020, Congresswoman Maxine Waters issued a statement to Bank of America regarding the recent information related to COVID-19 and Bank of America’s involvement in impacting families using EDD cards. 

She remarked: “As COVID-19 cases surge, over a million Californians now find themselves out of a job and wondering whether they will sleep under a roof or if they will have food on the table. It is completely unacceptable that Bank of America, which has had an exclusive contract with California’s Employment Development Department to deliver state unemployment benefits through prepaid debit cards, is allowing accounts to be frozen, closed, or drained of money without notice.”

With this information, many began discussing this occurrence on social media, raising awareness.