Bank Of America 3Q Profit - WAOW - Newsline 9, Wausau News, Weather, Sports

Bank Of America 3Q Profit

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(CNN)--Bank of America is bringing in the big bucks.

Today, it reported it earned a net income of six-point-two-billion dollars in the third quarter.

In 2010, the bank reported losing more than seven billion dollars in the third quarter.

The bank's change in fortune comes after it announced plans for layoffs and bank closures.

It also comes just weeks after it announced plans to charge customers monthly fees to use their debit cards.

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