Bank Outages on Oct 1

Today a set of financial institutions appear to be having issues all at the same time. It’s not clear at the moment if the issues are related, but a relative spike this morning seems to have started at around 8:45 AM Central Time for companies like Bank of America, Zelle, and FAFSA. Other financial groups appear to have had less frequent reports of issues – possibly owing to involvement with the aforementioned services.

UPDATE: It it appearing more and more likely that the vast majority if issues are not with the banks appearing with issue reports on Down Detector, but with Zelle. Zelle, in turn, appears to be initiating a major update to their money transfer system, which SHOULD be finished within the next hour. Why they chose to do a major software update such as this at the start of the day on the 1st of the month, we cannot imagine.

If you’re using Wells Fargo, Chase Bank, Bank of America, or any other bank that’s compatible with Zelle, there’s a distinct possibility that Zelle is the key issue this morning.

#BankofAmerica

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