Bank of America Plans to Open Five New Branches

Bank of America Plans to Open Five New Branches

Bank of America plans to open 165 new U.S. branches by the end of 2026, including five in the Philadelphia region. Nearly 40 of these locations are expected to open by the end of this year. According to spokesman Andy Aldridge, the bank will open branches at 3843 West Chester Pike in Newtown Square and 5692 Rising Sun Ave. in Northeast Philadelphia’s Lawncrest neighborhood by the end of 2024.

Aldridge also shared that Bank of America has three additional sites planned for the Philadelphia area: in Springfield, Wyncote, and Mount Laurel. The two Pennsylvania branches are expected to open in late 2025, with the South Jersey location slated for mid-2026.

*Article courtesy of Philadelphia Business Journal

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