The Bank of America Windows Phone 7 app was first mentioned during Steve Ballmer's CES 2011 keynote address. We are now getting indications that the app is in the final stages of testing and should be available over at the Marketplace soon.
Not sure if this will be how the final product looks but based on the screen shots we've received, it appears the app will give you access to a wide range of banking information. Features appear to include checking account balances, paying bills, transferring funds and finding local branches. Branch searches will pull up Bing Maps and map the nearest branches to your current location. We're not sure if turn-by-turn directions will be a part of the search results. The app looks nice and should be well received by Bank of America customers.
It's a nice looking app and hopefully other financial institutions will follow Bank of America's lead and bring more banking apps to the Windows Phone.