A Massive Bank Is Now Closing 40 Branches By March

A massive bank is now closing 40 branches by March, according to the latest data from the Office of the Comptroller of the Currency.

Bank of America has released a new list of branches set to close this year, including 40 locations nationwide during the first quarter of 2024.

In 2023, Bank of America closed down more than a hundred branches and has already scheduled the closure of several more.

This information was reported by the Office of the Comptroller of Currency (OCC), which requires banks to report all closures to the federal agency.

The bank is adjusting to the reduced demand for in-person services, which has led to the closure of some branches and the opening of others, reports AS.

Below is a list of Bank of America branches closing during the first quarter of 2024.
19 January 2024:

  • 13595 SOUTH DIXIE HIGHWAY, PINECREST, FL 01/19/2024

26 January 2024:

  • 1310 S. ROCHESTER ROAD, ROCHESTER, MI

30 January 2024:

  • 1 MARKET STREET, SAN FRANCISCO, CA
  • 5800 SOUTH EASTERN AVENUE, LOS ANGELES, CA
  • 1400 MORAGA WAY, MORAGA, CA
  • 4767 BOSTON POST ROAD, PELHAM MANOR, NY

13 February 2024:

  • 1818 SOUTH EUCLID STREET, ANAHEIM, CA
  • 90 PIER AVENUE, HERMOSA BEACH, CA
  • 8788 GEORGIA AVENUE, SILVER SPRING, MD

27 February 2024:

  • 125 HIGH STREET, BOSTON, MA
  • 1440 TRUXTUN AVENUE, BAKERSFIELD, CA
  • 2708 MING AVENUE, BAKERSFIELD, CA
  • 39168 WINCHESTER ROAD, MURRIETA, CA
  • 800 IRVING STREET, SAN FRANCISCO, CA
  • 250 GRANITE ST, BRAINTREE, MA

5 March 2024:

  • 904 RIVER ROAD, NEW MILFORD, NJ
  • 1301 JEFFCO BOULEVARD, ARNOLD, MO
  • 2516 EAST CHAPMAN AVENUE, FULLERTON, CA
  • 5695 FULTON INDUSTRIAL BOULEVARD, S.W., ATLANTA, GA
  • 172 PARK STREET, NORTH READING, MA
  • 23 EAST MAIN STREET, WASHINGTONVILLE, NY 

8 March 2024:

  • 72 SECOND AVENUE, NEW YORK, NY

12 March 2024:

  • 4545 CHAMBLEE DUNWOODY ROAD, DUNWOODY, GA
  • 3100 GARRETT ROAD, DREXEL HILL, PA
  • 8819 HYPOLUXO ROAD, LAKE WORTH, FL
  • 213 5TH AVENUE N, FRANKLIN, TN
  • 300 LAKESIDE DRIVE, OAKLAND, CA
  • 430 ROUTE 134, SOUTH DENNIS, MA

15 March 2024:

  • 3413 KENILWORTH AVENUE, HYATTSVILLE, MD
  • 5710 RIVERDALE ROAD, RIVERDALE, MD
  • 15141 SW 42ND STREET, Miami-Dade, FL
  • 4300 NORTH ATLANTIC AVENUE, COCOA BEACH, FL

19 March 2024:

  • 1900 SOUTH RIDGEWOOD AVENUE, EDGEWATER, FL
  • 4395 S. SUNCOAST BOULEVARD, HOMOSASSA, FL

26 March 2024:

  • 515 SOUTH BOULDER AVENUE, TULSA, OK
  • 2101 BEL PRE ROAD, SILVER SPRING, MD
  • 3491 MCKEE ROAD, SAN JOSE, CA
  • 780 SOUTH MACARTHUR BOULEVARD, COPPELL, TX
  • 40 WEST FOOTHILL BOULEVARD, UPLAND, CA
  • 808 COLUMBUS AVENUE, NEW YORK, NY

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Also Read: A US Bank is Now Abruptly Freezing Accounts and Money

Other Banking News Today

Market News Today – A Massive Bank Is Now Closing 40 Branches By March.

A massive US bank is now closing credit cards without warning according to new customer reports on social forums.

A Reddit user says Bank of America closed a total of four of their credit cards with many other (now ex) customers confirming the same experience.

They explained that they had missed one payment six years earlier and had an “almost perfect” FICO score.

“I checked TransUnion and the bank in question had checked my credit report one day then promptly on the same day sent a mail with no details on why my credit cards I had for 10+ years…was closed,” they wrote.

The customer service representative didn’t give them any details on why the accounts were closed, but the poster did say another institution they have a credit card with ran their credit report the day before BOA made the decision to close the card.

In the replies, people shared tales of caution from similar experiences and offered advice.

“BOA did this to me. Called and talked with a nice lady for an hour and she found out why. Try calling in until you get connected to someone helpful,” wrote one person.

Another added: “I shut down my checking account with Bank of America and 6 months later they closed my credit card. No letter, warning anything.

“Weirdly, they left the other credit card I have with them open. No late payments on either, so who knows.”

Unfortunately for customers, banks do reserve the right to close accounts abruptly with little explanation, reports The-Sun.

Also Read: The US Treasury Direct is Now Freezing Customer Accounts

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Market News Today - A Massive Bank Is Now Closing 40 Branches By March.
Market News Today – A Massive Bank Is Now Closing 40 Branches By March.

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