Bank of America's 2025 Branch Consolidation: What's Happening Across the US

The US bank closures trend continues as financial institutions shift their strategy away from physical locations. Bank of America stands at the forefront of this movement, having already closed seven branches in 2025 and announcing plans to shutter additional locations before year’s end.

The Current Wave: Branches Already Shuttered

Since the beginning of 2025, Bank of America has completed shutdowns in seven strategic markets:

March 2025 Closures:

• Oceanside, California (702 Mission Ave.)
• Plantation, Florida (8181 W Broward Blvd.)
• Miami, Florida (16686 SW 88th St.)
• Beaverton, Oregon (14400 SW Allen Blvd.)
• Memphis, Tennessee (3741 Winchester Rd.)
• Astoria, New York (3018 36th Ave.)

June 2025:

• Davis, California (4551 2nd St. Suite 120)

These closures represent the bank’s response to evolving customer behavior and shifting market dynamics in the financial sector.

Upcoming Consolidations in Fall and Winter

Bank of America has announced a second wave of branch closures scheduled for the latter half of 2025. Customers in these areas should prepare for transitions to alternative banking methods:

September 2025:

• Las Vegas, Nevada (300 S 4th St.)
• Arlington, Texas (1206 S. Bowen Rd.)
• Fort Campbell, Kentucky (201 Bastogne Ave.)

October 2025:

• Huntington Beach, California (16811 Algonquin St.)
• Charleston, South Carolina (901 Savannah Hwy)

November-December 2025:

• Camarillo, California (5800 Santa Rosa Rd.)
• San Francisco, California (445 Powell St.)

Why Bank of America Is Restructuring Its Physical Footprint

The shift reflects broader industry trends within the US bank closures landscape. Digital adoption has fundamentally changed how customers interact with their financial institutions. Mobile banking applications and online platforms now handle the majority of routine transactions, reducing demand for in-person branch visits.

Bank of America maintains its service capacity through digital channels and ATM networks, allowing the institution to operate efficiently despite the reduction in physical locations. This model aligns with industry-wide patterns as larger financial institutions optimize their operational structures.

Practical Implications for Customers

If your local branch appears on the closure list, several key points warrant consideration:

Timeline and Notification: Customers typically receive at least 90 days’ advance notice before a branch closes, allowing time to adjust banking habits and identify alternative locations.

Service Continuity: Bank of America continues offering comprehensive services through mobile applications, online platforms, and remaining branch locations. ATM access remains available across most regions.

Distance and Accessibility: Customers who rely on in-person banking for complex transactions or financial consultations may face increased travel requirements or wait times at nearby branches.

Evaluating Your Banking Options

For those affected by these branch closures, this presents an opportunity to reassess banking arrangements. Traditional financial institutions and community-based alternatives may offer different service models emphasizing in-person relationships and localized support networks.

The decision to remain with Bank of America or explore alternatives depends on individual priorities regarding digital convenience, in-person accessibility, and service preferences. Those valuing immediate physical access to banking services may find local credit unions or regional institutions better suited to their needs.

Moving Forward

The trajectory of US bank closures suggests this consolidation will continue as digital banking becomes increasingly sophisticated and customer adoption accelerates. Staying informed about your local branch status ensures you can plan transitions smoothly rather than discovering closures unexpectedly. Whether you’ve been banking with the institution for years or considering account options, now is an appropriate time to evaluate which banking model best supports your financial management preferences.