Bank of America plans to close 20 other branches - here is where

A state will be struck hardest, but the closures are distributed nationally.


These days have a room branch Visiting when you have to make a withdrawal or talking to a cashier is a luxury. More and more branch closures make headlines - and they do not seem to slow down anytime soon. According to a recent deposit with the US office of the currency controller (OCC), Bank of America adds to the list and firm 20 other branches. Read the rest to know where.

In relation: 6 banks, including Wells Fargo and Bank of America, closing the branches this fall .

The branches will probably stop in the coming months.

closed sign on door
SUPAMOTION / Shutterstock

By October 7 weekly bulletin Published by the OCC, Bank of America firm locations across the country in the coming months. OCS regulations require banks to provide a notice of closing at least 90 days in advance - and because the last deposits of Bank of America are dated October 3, the first branches could close is at the start of next year . AE0FCC31AE342FD3A1346EBB1F342FCB

Better life Contacted Bank of America to comment on the imminent closures and will update history with his answer.

In relation: Joann, Rite Aid and 3 other department stores faced with bankruptcy .

Bank of America firm eight branches in California.

bank of america branch
Hrach Hovhannisyan / Shutterstock

California will be struck hardly in terms of branch closings by Bank of America. According to the file, the bank channel plans to close eight branches in the Golden State.

Three branches close in the county of Alameda, namely locations in San Leandro, Hayward and Pleasanton. The other five California sites are closed in Marysville, Petaluma, Ridgecrest, Reseda and Reedley.

In relation: Big Pharmacy crash: Walgreens' closure stores and Rite Aid declares bankruptcy .

New York and Connecticut will also see several closures.

sign for bank of america
Ken Wolter / Shutterstock

The Northeast also takes a hit because Bank of America plans to close three branches in the county of Nassau, New York, including locations in West Hempstead, Port Washington and Baldwin.

The New Jersey loses a spot in Spotswood, while Connecticut will also see closures at Cos Cob and Norwalk, which are both in the county of Fairfield, as well as a closure in the state capital, Hartford.

Bank of America closes two branches in Pennsylvania, including a store location in a store rite in Philadelphia, and another branch in Morrisville.

The three remaining closures are distributed, with branches closing in St. Pete Beach, in Florida; Austin, Texas; And Redmond, Oregon. A complete list of closures and branch addresses is in the Occ bulletin.

In relation: Staples and Office Depot are fence locations .

Other banks also have closures on the file.

The exterior of a Wells Fargo branch with people walking by
istock

Bank of America is not the only large bank to active branch closure. According to the latest weekly bulletin on October 4, Wells Fargo closed 15 other branches in Arizona, Georgia, Iowa, New Mexico, Pennsylvania, Oregon, Washington, Texas, Nevada, Nebraska, in Alabama, California and Florida.

These closed branches are added to 10 other closures From September 20. In a statement previously provided to Better life ,, Amy Amirault , The assistant vice-president of Wells Fargo of consumers, small and business in terms of commercial banking, said that branches change "as customer preferences and transaction models change".

She continued: "For example, we can open new branches where we combine two older existing branches in a single place better located. All this does not take the importance of our customers and the communities that we serve."

In addition to Wells Fargo, Jpmorgan Chase Bank also closed three locations in Kentucky, Wisconsin and Utah on October 5.

The American bank has closed three branches between October 3 and 5, according to the bulletin, alerting the agency on five closings to come to Kentucky, Utah, Missouri and Washington.

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Categories: Smarter Living
Tags: Finance / News /
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