Bank of America has made a surprising announcement that could change how customers access financial services. The institution confirmed a major expansion plan involving more than 150 new branches across the United States by the end of 2027.
In a recent statement, the bank outlined its vision to strengthen its presence in over 60 territories, ensuring more people have access to its financial products. If you’ve been wondering what this expansion means for your local community, you’re not alone: many customers are eager to see when these branches will open and what improvements they might bring.
The first phase of this strategy is already in motion. By the end of this year, Bank of America plans to open 40 new branches nationwide. Officials also shared that in 2026, the number of new openings will jump to 70, signaling continuous growth and more opportunities for customers.
Bank of America’s major plan to open over 150 branches nationwide by 2027
The roadmap includes developing new sites while remodeling existing offices. This means branches in 60 territories could see expanded services, modernized layouts, and improved accessibility. The bank aims to complete a good portion of these projects before 2025, with many locations anticipated to be ready sooner than expected.
Curious about which regions will benefit first? Idaho, for example, will receive four financial centers, and one of these is set to open in Nampa on June 9. Other markets may soon follow, ensuring that customers in both urban and rural areas gain easier access to Bank of America services.
Why the bank’s expansion could reshape financial services in multiple states
For many consumers, having a branch nearby can be a game-changer. Access to in-person support allows individuals to discuss loans, investment plans, or even open new accounts without traveling long distances. This expansion might also create job opportunities and boost local economies. Below is a brief table outlining some key branch openings:
| Year | Number of New Branches |
|---|---|
| 2023 | 40 (already underway) |
| 2026 | 70 (planned nationwide) |
| 2027 | 150+ (total, across 60 areas) |
As the table shows, Bank of America’s plans steadily ramp up each year, culminating in a nationwide expansion by 2027.
Renovations, art collaborations, and innovative services bring fresh experiences to customers
In addition to new locations, the bank intends to renovate current branches. This includes adding artwork through a collaboration with ArtLifting, which showcases pieces by artists experiencing disabilities or homelessness. Another highlight is the introduction of a sign language interpreter service, accessible by scanning a QR code on-site.