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List of Bank of America branches closing in Florida in March

Bank of America has announced that they will close several branches in Florida. Here is the list of locations that will be shuttered this month.

Stephanie KeithREUTERS

Last year, Bank of America closed several branches across the country, including some locations in the state of Florida. The closures are expected to continue throughout 2024.

Among the reasons for the closures are the new banking needs of customers. Transactions outside physical branches have increased, and banks are seeking to adapt to this boom in online banking. Also, certain branches are less profitable, leading banks to close them.

Although closures will continue in 2024, they could be fewer as prominent banks look to strengthen their branch networks in growth markets, according to an analysis by American Banker.

Despite the closures, banks are still carefully opening some new branches in some areas with growing populations or economies.

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Bank of America branches that will close in Florida starting in March

When banks intend to close any branches, they must notify the Office of the Comptroller of the Currency (OCC) at least 90 days before the closing date.

This notification is made through an Advance Notice of Branch Closing. These notices are shared by the OCC in weekly newsletters, which can be found on its website.

If we take into account that the announcement of the closure must be made at least 90 days in advance, we can estimate that the December bulletins include information on the Bank of America branches that are set to close as of March this year.

In December, Bank of America shared advance notice of closing 19 branches, including the following in the state of Florida:

  • 8819 HYPOLUXO ROAD, LAKE WORTH, FL
  • 4300 NORTH ATLANTIC AVENUE, COCOA BEACH, FL
  • 1900 SOUTH RIDGEWOOD AVENUE, EDGEWATER, FL
  • 4395 S. SUNCOAST BLVD., HOMOSASSA, FL
  • 15141 SW 42ND STREET, MIAMI-DADE FL
  • 13700 JOG ROAD WEST, DELRAY BEACH, FL
  • 6261 PGA BOULEVARD PALM BEACH, GARDENS, FL 

READ ALSO: Credit card delinquency rises above three percent for the first time in over a decade

Based on data from the January newsletter, Bank of America reported the early closure of 10 more locations, which could begin halting operations as early as April. The branches include three in Florida:

  • 2414 EAST SUNRISE BOULEVARD, FORT LAUDERDALE, FL 
  • 459 BRANDON TOWN CENTER, BRANDON, FL
  • 10300 SOUTHSIDE BOULEVARD, JACKSONVILLE, FL

In the February bulletin, 10 more closures have been reported which could begin 90 days later; that is, beginning May. Three more closures in Florida were reported in these bulletins:

  • 50 NORTH LAURA STREET JACKSONVILLE FL
  • 21060 SAINT ANDREWS BOULEVARD BOCA RATON FL
  • 19645 BISCAYNE BOULEVARD AVENTURA FL

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