Bank of America to set up over 150 new financial centres by 2027

Bank of America (BofA) is acceptable to found much than 150 caller fiscal centres crossed 60 markets by the extremity of 2027.

This enlargement includes the opening of 40 centres wrong this twelvemonth and different 70 successful 2026.

Since 2016, the slope has allocated much than $5bn towards enhancing its fiscal centre network, which encompasses some caller openings and renovations of existing locations.

Recently, BofA inaugurated a flagship fiscal centre astatine 2 Bryant Park successful New York City.

This centre is designed to facilitate connections betwixt clients and fiscal specialists, arsenic good arsenic to supply informal gathering spaces.

Currently, it serves consumer, tiny business, wealthiness management, and firm clients successful Idaho, with plans to unfastened 4 fiscal centres successful Boise.

The archetypal of these centres is acceptable to unfastened connected 9 June 2025 successful Nampa, Idaho.

BofA consumer, retail and preferred president Holly O’Neill said: “Our continued concern successful our fiscal halfway web reflects our committedness to gathering our clients wherever they are and however they privation to slope with us.

“We are focused connected creating spaces wherever fiscal specialists tin conscionable with clients and assistance them execute their fiscal goals.”

Since 2014, BofA has progressively expanded its fiscal centre network, entering 11 caller markets, with Louisville being the latest summation successful 2024.

Besides, the slope has opened 471 fiscal centres successful existing markets since 2016, reflecting shifts successful lawsuit engagement preferences.

In the past year, BofA completed renovations connected much than 3,000 centres, with implicit 500 further renovations planned for the adjacent 2 years.

In collaboration with ArtLifting, the slope has incorporated artwork by artists surviving with disabilities oregon facing lodging insecurity successful implicit 1,600 fiscal centres.

Earlier this year, the slope introduced a work that provides on-demand American Sign Language (ASL) interpreters via video successful each fiscal centres.

Clients tin entree an ASL interpreter astatine nary outgo by scanning a QR code, enabling them to pass their fiscal needs utilizing ASL with a fiscal specialist.

In January this year, the US Soccer Federation and BofA formed a long-term partnership, making the slope the archetypal authoritative spouse of each 27 US nationalist teams, including the women's and men's elder teams.

"Bank of America to acceptable up implicit 150 caller fiscal centres by 2027" was primitively created and published by Retail Banker International, a GlobalData owned brand.

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