BofA Plans New Branches in Wisconsin and Alabama

Bank of America plans to open new branches across Wisconsin, Alabama, and New Orleans as part of a broader expansion strategy. The bank aims to reach more of the US population through targeted growth in key markets.

Insights:
A Bank of America building is seen in Los Angeles, California, U.S., May 6, 2019. REUTERS/Lucy Nicholson

Bank of America will open 19 branches in Wisconsin by 2030, creating 130 jobs as part of a nationwide expansion targeting 50 new locations annually across the United States.