Each week, the Office of the Comptroller of the Currency or OCC shares a list of bank branches that will be closing in the coming months. Some of these bulletins include closures of several Bank of America locations, which could begin as early as January 2025.
Banks cannot close a branch overnight, as they must notify the OCC at least 90 days before the potential closing date. Such notification is made through an Advance Notice of Branch Closing, which is shared by the Office of the Comptroller of the Currency in weekly bulletins, published on its official website.
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Among other reasons, banking institutions make the decision to close or relocate certain branches because they are not profitable in the city in which they are located. In recent years, closures have increased due to the rise of online banking.
As technology advances, customers’ banking needs have changed, as the number of transactions that can be made outside the bank, whether at ATMs, on a mobile app or online banking, is increasing.
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Bank of America branches closing in January 2025: Full List
Taking into account that the announcement of a bank’s closure must be made at least 90 days in advance, we can estimate that the October newsletters include information on Bank of America branches that could begin to close in January of next year.
In October, the Office of the Comptroller of the Currency shared four weekly newsletters, which shared Bank of America Advance Closure Notices at these locations, including several in California and Florida:
49 EAST CHICAGO AVENUE, CHICAGO, IL
6351 EAST SPRING STREET, LONG BEACH, CA
133 MASSACHUSETTS AVENUE, BOSTON, MA
8760 WILSHIRE BOULEVARD, BEVERLY HILLS, CA
702 MISSION AVE, OCEANSIDE, CA
8681 CYPRESS LAKE DRIVE, FORT MYERS, FLÂ
902 SOUTH ATLANTIC AVENUE, ORMOND BEACH, FL
2700 WEST DR. MARTIN L. KING JR. BOULEVARD, TAMPA, FL
969 SOUTH GALLATIN ROAD, NASHVILLE, TN
69 SOUTH GALLATIN ROAD, NASHVILLE, TN
992 COOKE STREET, WATERBURY, CT
1501 QUEEN ANNE AVE N, SEATTLE, WA
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Publish date : 2024-12-16 02:39:00
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