I applied through an employee referral. The process took 2 weeks. I interviewed at Bank of America (Atlanta, GA) in Sept 2012
Interview
I am internal so I knew the hiring manager before my actual interview. I was also able to speak with people on the team so I had a good idea of the job before I posted for it. Everything was very smooth and a great experience. The only drawback is that salary doesn't increase very much when you're internal.