Bank Of America Opens First Financial Centers In Wisconsin, Sets 2027 Entry Into Alabama & Louisiana; Plans 19 Financial Centers Across Wisconsin Through 2030, Creating Nearly 130 New Jobs; To Open 10 Financial Centers Across Alabama Beginning In Q1 2027 & 8 In Greater New Orleans In H2 2027; Plans To Open About 50 New Financial Centers A Year

Expansion extends the bank's in-person reach to approximately 83% of Americans

New centers are part of the bank's $5 billion investment in its network since 2016

Key points

• First financial centers open in Madison and Milwaukee, with 19 planned across Wisconsin through 2030, creating nearly 130 new jobs.
• Alabama comes next, with 10 centers in Birmingham starting in Q1 2027. Greater New Orleans follows in the second half of 2027.
• The bank plans to open approximately 50 new centers a year and has invested more than $5 billion in its network since 2016.

CHARLOTTE, N.C., Oct. 28, 2026 /PRNewswire/ -- Bank of America continues to expand and modernize its financial center network, reflecting the important role in-person expertise plays when serving clients, alongside the growing use of digital banking. Wisconsin is the latest state added to the national network, with the company opening its first financial centers in Madison and Milwaukee this month. Bank of America plans to open 19 financial centers across the state through 2030. In Q1 2027, the bank will open centers in Birmingham, Alabama, and in Greater New Orleans later in the year.