Bank of America has confirmed the permanent closure of 19 of its brick-and-mortar branches across 10 U.S. states in 2025, continuing a larger industry trend as financial institutions scale back physical operations in favor of expanding digital banking services.
According to federal filings submitted to the Office of the Comptroller of the Currency, these branch shutdowns are either already in effect or scheduled for completion by the end of 2025. Customers in California, Florida, Illinois, Kentucky, Massachusetts, Nevada, South Carolina, Texas, Virginia, and Washington are directly affected by the closures.
U.S. banks continue reducing physical locations
Bank of America’s move reflects an ongoing shift in the banking industry. According to data from Self Financial, the U.S. has seen an average of 1,600 bank branch closures annually since 2018. Just in Q1 of 2025, 272 bank branches across the country were permanently closed. In March alone, 32 closures were recorded nationwide.
California and Florida lead the country in branch reductions over the past decade, with 1,114 and 1,091 closures respectively. These figures underscore the decline in in-person banking traffic as consumers increasingly turn to digital platforms for their financial needs.
Complete list of Bank of America closures in 2025
Here are the 19 Bank of America locations scheduled for closure this year:
| State | City/Branch Location |
|---|---|
| California | Grass Valley, San Jose, San Mateo, Davis, Huntington Beach, Camarillo, San Francisco |
| Florida | Wellington |
| Illinois | Lake in the Hills, Mundelein |
| Kentucky | Fort Campbell |
| Massachusetts | Lynnfield |
| Nevada | Las Vegas |
| South Carolina | Charleston |
| Texas | Arlington |
| Virginia | Burke |
| Washington | Seattle (Madison St, Admiral Way, Rainier Ave S) |
These closures follow internal evaluations of branch performance and foot traffic, with the bank citing rising operational costs—including rent, staffing, and maintenance—as factors in the decision.
The growing push toward digital banking
Bank of America, like many other major financial institutions, is doubling down on its mobile and online banking capabilities. From mobile check deposits to bill payments and account management, digital tools now offer customers nearly all the services once limited to in-branch visits.
A recent industry survey revealed that nearly 70% of Americans believe banking needs modernization, fueling the momentum for digital transformation. As more users adopt these services, the need for physical branches has steadily declined.
Analysts project that if the current closure rate continues, most physical branches could disappear by 2041. Other major banks are following suit—Wells Fargo, TD Bank, and Flagstar Financial have all announced branch closures in 2025, with Flagstar alone shuttering 60 locations after posting a \$845 million net loss in 2024.
What Bank of America customers should do now
Customers affected by these closures are being encouraged to transition to digital platforms. Bank of America has provided several alternatives to ease the change:
- Use the mobile app or online banking portal for daily transactions
- Visit nearby open branches listed on the bank’s official locator
- Access 24/7 customer support via phone or live chat
- Withdraw or deposit cash at Bank of America ATMs
Despite the convenience of online tools, concerns remain about accessibility for certain populations, particularly senior citizens and individuals without reliable internet access. Consumer advocates have urged banks to ensure transitional support for those facing such barriers.
Is this just the beginning?
While Bank of America has not announced additional closures beyond these 19, industry analysts predict that more reductions are likely in the near future. As part of long-term cost-saving and modernization strategies, financial institutions are expected to reassess physical footprints regularly and adapt to evolving consumer behaviors.
With operational savings and user preferences favoring virtual interactions, the banking landscape is undergoing a profound transformation—one that may eventually redefine how millions of Americans access financial services.