Bank of America Branches in Texas to Close in July 2024

Several branches of the Bank of America in Texas might be closing within the coming months, in response to the Office of the Comptroller of the Currency (OCC). The monetary establishment has been steadily shutting down branches as a result of growing reputation of on-line banking. This transfer by the Bank of America displays a shift in buyer preferences in direction of digital banking providers. The closures are scheduled to happen in July 2024, with different banking establishments additionally closing a few of their areas within the state. The listing of affected branches consists of these in Dallas, Houston, Laredo, San Antonio, Beaumont, Odessa, and different cities throughout Texas. Banks are required to inform the OCC at the least 90 days upfront earlier than closing any of their workplaces.