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Bank of America branches that are closing in December 2023: Complete list

Bank of America will close several branches by the end of the year. Here’s the full list of locations closing in December.

Horarios de bancos en USA el Día de Acción de Gracias 2023: Bank of America, Citi, Wells Fargo…
Kevin LamarqueREUTERS

Bank of America has recently announced its decision to close a number of its branches throughout the United States. The closures are expected to take place before the year-end. Other financial giants, such as JP Morgan Chase and Wells Fargo, have also shut down several locations in recent months. It is anticipated that more closures will follow.

The rise in popularity of online banking has led to major banks shutting down their physical branches. Consequently, customers are left with fewer options for in-person assistance. In recent years, online-only banks have emerged and become competitors, resulting in a decline in transactions at physical bank branches. Customers are increasingly preferring digital banking experiences, which has made it increasingly difficult for traditional banks to sustain their physical branches.

In addition, many banking institutions find it unprofitable to maintain physical branches due to high costs. As a result, several banks have decided to close their unprofitable branches, even though these losses are offset by profits in other areas.

A look at the branches that will be closed next month

Banks must notify the Office of the Comptroller of the Currency (OCC) at least 90 days before closing a branch. This is done through an advance branch closing notice. Over forty bank branches are slated for closure, with eleven closing in December. Already, six locations have closed:

  • 1053 SUNVALLEY BLVD, CONCORD, CA 
  • 2001 PENNSYLVANIA AVE, NW FRNT 1, DC
  • 10925 BAYMEADOWS RD, JACKSONVILLE, FL
  • 7950 MIRAMAR PWAY, MIRAMAR, FL
  • 693 HIGH ST, WESTWOOD, MA 
  • 2439 WELSH RD, PHILADELPHIA, PA

The remaining branches will close on the eighth or twelfth of this month:

DECEMBER 8

  • 1381 RIDGE RD EAST, ROCHESTER, NY
  • 1 FIREHOUSE PLA, HOBOKEN, NJ

DECEMBER 12 

  • 21800 NORTH SHANGRI LA DR, UNIT 22, LEXINGTON PARK, MD
  • 100 CHRISTIE PLACE, SCARSDALE, NY
  • 9660 HILLCROFT, HOUSTON, TX

 

Braches set to close in 2024

Already, Bank of America has scheduled the closure of twenty-six branches in 2024.

In January and February, twelve of those locations will shutter:

19 JANUARY 

  • 13595 SOUTH DIXIE HWAY, PINECREST, FL

26 JANUARY

  • 1310 S. ROCHESTER RD. ROCHESTER, MI

30 JANUARY 

  • 5800 SOUTH EASTERN AVE, LOS ANGELES, CA
  • 1400 MORAGA WAY, MORAGA, CA
  • 1 MARKET ST, SAN FRANCISCO, CA
  • 4767 BOSTON POST RD, PELHAM MANOR, NY

13 FEBRUARY 

  • 1818 SOUTH EUCLID STREET, ANAHEIM, CA

27 FEBRUARY 

  • 1440 TRUXTUN AVE, BAKERSFIELD, CA
  • 2708 MING AVE, BAKERSFIELD, CA
  • 39168 WINCHESTER RD, MURRIETA, CA
  • 800 IRVING ST, SAN FRANCISCO, CA
  • 125 HIGH ST, BOSTON, MA

All other remaining closures that are currently scheduled will take place by September.

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