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VisitBank of America to Open Over 165 New Financial Centers by End of 2026
Sep 23, 2024, 11:45 AM
Bank of America announced plans to open more than 165 new branches across the United States by the end of 2026. This expansion is part of the bank's strategy to compete with JPMorgan Chase in increasing its physical presence. Aron Levine, president of preferred banking at Bank of America, highlighted that the bank is focusing on serving customers with a 'reduced, but transformed' footprint. The announcement was made on Monday, as reported by Reuters, and includes the opening of new financial centers.
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