Banking

Bank of America branches closing in March 2025: complete list of confirmed closures so far

Amid the rise of online banking, financial institutions in the U.S. continue to shutter physical branches at a steady clip.

Kevin Lamarque | REUTERS

William Allen

British journalist and translator who joined Diario AS in 2013. Focuses on soccer – chiefly the Premier League, LaLiga, the Champions League, the Liga MX and MLS. On occasion, also covers American sports, general news and entertainment. Fascinated by the language of sport – particularly the under-appreciated art of translating cliché-speak.

Update: Mar 18th, 2025 05:05 EDT

The Office of the Comptroller of the Currency (OCC) has confirmed the shuttering of five Bank of America branches so far in March 2025, with several more closures expected to be listed in the agency’s next weekly report.

Which Bank of America branches have closed?

In its most recent bulletin, for the period between March 2 and March 8, the OCC announced the closure of the following Bank of America branches in four states:

California

702 Misson Ave., Oceanside

Florida

8181 West Broward Boulevard, Plantation

16686 SW 88th Street, Miami

Oregon

14400 SW Allen Boulevard, Beaverton

Tennessee

3741 Winchester Road, Memphis

In the OCC’s previous weekly bulletin, no closures were listed for March 1.

AS USA will update the above list when the OCC publishes its bulletin for the period between March 9 and March 15.

What is the OCC?

The OCC is a U.S. government agency that “charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks”.

Financial institutions are required by law to notify the OCC of branch closures.

Bank of America branches closing in March 2025: complete list of confirmed closures so far — The rise of online banking has been a key factor in the ongoing closure of physical bank branches across the U.S.Kseniya Ovchinnikova

Branch closures continue apace in the U.S.

As the rise in internet banking leads to dwindling foot traffic at physical banking locations - a trend accelerated by the covid-19 pandemic - financial institutions in the U.S. have begun closing branches at a steady pace in recent years.

Indeed, a 2024 study by the credit-building platform Self Financial found that physical bank branches in America have been closing at an average rate of around 1,650 a year since 2018.

If the current closure trend continues, Self Financial predicted, bank branches could become extinct in the U.S. by 2041.

Bank of America branches have been shutting at a rate of about 200 per year since 2022, according to this list of closures published by the institution.