In Chicago, the summer of 1871 was the driest on record. So when a fire started one night in October, it raged uncontrollably, destroying the downtown business district. With little left of its headquarters but a smoldering shell, the Merchants’ Savings, Loan and Trust Company reopened a few days later. While other banks paid desperate residents just 25 cents on the dollar, Merchants’ paid in full, providing a boost in confidence to its customers and the community. Today, Merchants’ has become Bank of America. And we continue our commitment to responding when disasters affect our local communities and customers throughout the country.