Key facts
- Bank of America plans to open 19 branches in Wisconsin by 2030.
- The bank plans to open 10 branches in Birmingham, Alabama, starting in Q1 2027.
- Expansion in Greater New Orleans is planned for the second half of 2027.
- Bank of America aims to open 50 branches annually across the US.
- The expansion will create 130 jobs in Wisconsin.
Bank of America plans to open 19 new branches in Wisconsin by 2030, creating 130 jobs, and is on track to open 50 branches annually across the US. The bank also intends to open 10 branches in Birmingham, Alabama, beginning in the first quarter of 2027, and will expand its presence in Greater New Orleans in the second half of 2027. Holly O'Neill, president of the bank's consumer, retail and preferred banking, stated that the chosen markets were based on growth dynamics, population, and business growth opportunities. The bank currently operates 3,500 branches and financial centers, covering 83% of the US population, and has invested over $5 billion in its branch network since 2016.