Bank of America announces more major closures across the country – The complete list of closed branches

The shutting of bank branches, for a good reason, is still in the news. Customers find it easier to conduct business online rather than in a branch as more institutions go to digital banking.The US’s second-biggest bank, Bank of America, has done this the most.

Over the past few years, Bank of America has shut down the majority of its branches in an effort to maintain and streamline operations. The company’s investment in digital accounting during the epidemic is the reason for this. Many regions of the nation are now referred to as banking deserts as a result.

It makes sense because getting rid of failing or redundant stores frees up a lot of money that can be used to improve the online shopping experience. This makes it seem like a great plan, especially when you consider the possibility of reprogramming ATMs to do even more jobs at the speed of a bank teller.

The majority of banks are actually abusing it. There are currently less than 80,000 branches in the US, down from nearly 100,000 in 2009, and it doesn’t appear that this trend will end very soon. It’s fortunate that people can find out about branch closures before their trustworthy branch closes.

All national banks, federal savings organizations, and federal branches and agencies of foreign banks are governed and supervised by the Office of the Comptroller of the Currency (OCC). All national banks, federal savings associations, and federal branches and agencies of foreign banks are subject to regulation and supervision by the OCC.

Branch closures are also tracked and reported by the OCC. As a result, banks must notify the OCC ninety days in advance of closing a branch. This allows clients adequate time before it’s too late to make any essential arrangements, such as closing a safety deposit box.

We are aware that, as a result of their efforts, about two dozen Bank of America branches will close this month (November). In December, more will close, and in January, more cuts will be made.

Although not everyone is pleased with the closures, many people have issues that they are unable to resolve online or over the phone, and their annoyance increases daily when they must travel further to receive assistance.

This has caused some people to periodically move to a bank that has a branch close by that can help them. A balance between online and offline banking will eventually be required. However, as of right now, all we see are bank closures, and it doesn’t appear that this will change very soon.

Bank of America locations closing

Arizona

Phoenix, 9325 North 7th Street

California

Atascadero, 6905 Capistrano Avenue

Los Angeles, 2101 West 6th Street

The state of Connecticut

Brookfield, 100 Federal Road

The state of Florida

Winter Haven, 3010 Cypress Gardens Road

Georgia

Atlanta, 1674 Monroe Drive, NE

Lawrenceville, Sugarloaf Parkway, 3985

Illinois

Mundelein, 3210 W IL Route 60

Randall Road, Lake in the Hills, 40 N

The state of Maryland

Branch Avenue, 3731, Hillcrest Hills

Derwood, 7501 Redland Road

Missouri

Main Street, 3100, Kansas City

Mexico

Albuquerque, 4301 Wyoming Boulevard, NE

New Jersey

Springfield Avenue, 367, Summit

6718 Black Horse Pike, Township of Egg Harbor

New York

New York, 900 Third Avenue

Ohio

Cleveland, 3029 West 117th Street

South Carolina

Columbia, 104 Regency Drive

The state of Texas

Loop 410, San Antonio, 6401 NW

1515 San Antonio’s SW Loop 410

The state of Virginia

Richmond, 4101 West Broad Street

Braemar Village Plaza, 12881, Bristow

Washington

Bremerton, 1600 Riddell Road, NE

Kirkland, 14440 124th Avenue NE

Seattle, 1201 Madison Street

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