Monday, November 18

Bank of America says goodbye: these are the branches that are closing forever

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By Arlenys Tabare

Nov 18, 2024, 12:51 PM EST

This year, many banking institutions based in the United States have made the decision to close several of their branches, most of these closures have been notified by the Office of the Comptroller of the Currency (OCC) in their official bulletins. .

Among the entities that will close is Bank of America. The measure is due, among other things, to the opening of electronic banking and the low recurrence of users to physical offices. The notification was given 90 days in advance allowing customers to adapt to the new changes.

According to the entity, these are the places where the banking institution will stop operating:

  • 9325 North 7th Street, Phoenix, AZ
  • 6905 Capistrano Avenue, Atascadero, CA
  • 2101 West 6th Street, Los Angeles, CA
  • 100 Federal Road, Brookfield, CT
  • 3010 Cypress Gardens Road, Winter Haven, FL
  • 1674 Monroe Drive, NE, Atlanta, GA
  • 3731 Branch Avenue, Hillcrest Heights, MD
  • 17501 Redland Road, Derwood, MD
  • 4301 Wyoming Boulevard, NE, Albuquerque, NM
  • 3029 West 117th Street, Cleveland, OH
  • 104 Regency Drive, Columbia, SC
  • 6401 NW Loop 410, San Antonio, TX
  • 1515 SW Loop 410, San Antonio, TX
  • 4101 West Broad Street, Richmond, VA
  • 12881 Braemar Village Plaza, Bristow, VA
  • 1600 Riddell Road, NE, Bremerton, WA

Many of these Closures are in locations in California, Illinois, Florida, Texas, Washington, among others. Although it is a great change for the banking entity, a large part of this population, especially the rural population, will have to travel longer distances to carry out procedures at the branches.

Keep reading:

  • Bank of America and Chase, the banks most loved in the US
  • CEO of Bank of America reveals what can happen to your money after the FED’s decision on interest rates
  • Wells Fargo has closed more than 60 branches in less than a year: what are the locations