Bank of America Corporation

09/23/2024 | Press release | Distributed by Public on 09/23/2024 05:20

BofA to Open More Than 165 Financial Centers by End of 2026

With more than 95% of client interactions taking place on the bank's digital platform, Bank of America has adapted its financial centers to focus on meeting spaces where clients can have in-depth conversations about their finances.

In the past year, clients have made nearly 10 million appointments with financial specialists in financial centers. Nearly 20% of these appointments have been meetings between clients and Financial Solutions Advisors to discuss investing. This has helped drive assets in the Bank of America Consumer Investments business to record levels.

Through its financial center and ATM networks, Bank of America provides banking access to 246 million people across more than 200 markets, or more than 75% of the U.S. population. Approximately 30% of the bank's financial centers are in low- and moderate-income communities.

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

Andy Aldridge, Bank of America
Phone: 1.980.387.0514
[email protected]