The second-biggest bank in America isn’t exempt from the wave of bank closures sweeping across the nation.
Instead, like most other major banks, Bank of America is in the middle of closing dozens of branches, including dozens in California alone. That means if you like banking at a physical branch, you might soon have to find another location to build wealth .
Is your closest Bank of America branch shutting down this year? Find out in this list of branches set to close.
Make Money: 8 things to do if you're barely scraping by financially
1. 29687 The Old Road, Castaic
Castaic lost its one and only brick-and-mortar Bank of America branch on Sept. 24.
Residents still have access to the Bank of America ATM located inside the Circle K on The Old Road. However, you will have to go online to boost your bank account or visit a branch in another city for other transactions.
Own a car? Here's 7 warning signs you're paying too much for car insurance. 2. 1401 S. Harbor Blvd., Fullerton
The Harbor Boulevard location closed on Aug. 13. It was the second Fullerton branch to close its doors this year, as the East Chapman Avenue location shut down at the start of March.
Luckily, Fullerton residents can still visit the Fullerton Main branch, which is also on Harbor Boulevard. Overall, there are four other walk-up ATMs in the city.
3. 1253 A St., Hayward
Hayward’s A Street Bank of America branch closed on Aug. 20, so consider moving your banking to the location at 24700 Hesperian Blvd., which is slated to remain open.
Hayward will also retain its two Bank of America ATMs. One is at California State University, and the other is at the Lucky supermarket on Santa Clara Street.
Avoid these money mistakes: 9 dumbest things smart people waste money on
4. 2049 Century Park E., Los Angeles
Los Angeles lost its first Bank of America branch earlier on in the year when the South Eastern Avenue location closed permanently on Jan. 30.
The Century Park East locale also shuttered on Aug. 27, but Los Angeles residents will still have access to dozens of other ATMs and local branches.
5. 619 E. St., Marysville
Like Castaic, Marysville lost its only Bank of America branch. The closure happened on Aug. 13.
Fortunately, Yuba County has plenty of other Bank of America locations, including a main branch in Yuba City. After the closure, Marysville residents should only have to drive a few extra minutes to reach a physical Bank of America branch.
6. 200 Kentucky St., Petaluma
One of Petaluma’s two Bank of America branches closed on Aug. 13.
After the Kentucky Street building shuts down, Petaluma residents can still visit the Bank of America financial center at 181 N. McDowell Blvd. in East Petaluma.
Get Out of Debt for Good: Try these 6 clever ways to crush your debt 7. 337 Main St., Pleasanton
After Pleasanton’s Main Street Bank of America branch closed on Aug. 20, residents can still visit the Hacienda Bus Park location at 6005 Stoneridge Drive.
8. 936 G St., Reedley
Reedley’s sole Bank of America branch closed on Aug. 20.
However, if you live in Reedley, you should have easy access to multiple Bank of America locations — including many physical branches and ATMs in Fresno alone.
9. 18120 Sherman Way, Reseda
Reseda’s two Bank of America ATMs will remain open for the foreseeable future, but its Sherman Way branch closed permanently on Aug. 6.
Grow Your $$: 11 brilliant ways to build wealth after 40
10. 101 West Ridgecrest Blvd., Ridgecrest
Ridgecrest lost its only Bank of America branch on Aug. 27. The Bank of America ATM at the Safemart in nearby Tehachapi is the closest ATM.
Residents might have to travel as far as Barstow to access in-person Bank of America branch services.
11. 8949 Clairemont Mesa Blvd., San Diego
San Diego is losing at least three Bank of America branches over the coming year, including the Clairemont Mesa Boulevard branch.
Kearny Mesa residents continued to visit this branch until Aug. 27, when doors officially closed.
12. 455 Island Ave., San Diego
If you live in the Gaslamp Quarter or make a habit of stopping by this branch when you are downtown, you will now need to make alternate plans: The Island Avenue branch closed on Aug. 27.
Are you a homeowner? Discover 8 savvy money moves to stretch your budget
13. 3565 California St., San Francisco
On July 30, the California Street Bank of America branch joined the many branches that have already closed in the Bay Area this year.
Don’t expect the San Francisco-area closures to slow down anytime soon: By the end of 2024, the region will have seen more than two dozen Bank of America branches close.
14. 1200 Fairmont Drive, San Leandro
San Leandro’s Fairmont branch closed on Aug. 20. However, residents won’t have to leave city limits to reach a physical Bank of America location.
The San Leandro Industrial Center bank on Marina Boulevard will remain open, as will the San Leandro Main branch on 14th Street. So, you will still have options if you don’t want to open a new bank account with another provider.
15. 10834 Trinity Pkwy, Stockton
By the end of the month, the financial center in Stockton will close. Residents will no longer be able to visit this Bank of America location after Oct. 22.
Luckily, residents can visit the nine other locations in the city of Stockton.
16. 6905 Capistrano Ave, Atascadero
Atascadero will be losing its only Bank of America location on Nov. 5. Residents can travel nearby to Paso Robles, where they can find another location.
17. 7404 Jackson Drive, San Diego
Jackson-Hyde Park will lose its main Bank of America location, but not until Dec. 10. That should give residents plenty of time to prepare for the change.
Bottom line
If the California Bank of America branch you typically visit is closing this year, you still have options.
From branches in surrounding cities to online or app-based access, Bank of America should remain available without too much hassle on your end. However, perhaps this is an opportunity to open a new bank account .
Money tips that can work for everyone
No matter what your bank account balance is, there's always an opportunity to optimize and improve your finances. Here's a quick checklist of things you can look at today.
Focus on paying off your debt. Debt can hold you back from making progress with your overall financial well-being. Aside from cutting expenses, there are tools that can help you pay off debt faster like balance transfer credit cards and debt counseling.
Earning extra income can give you breathing room. If finances are tight, earning some extra money to supplement your income can make a huge difference. A new job is one option to consider, but if you're not ready to make a big change or already retired, a part-time side job could be a better choice.
Cut your expenses. It sounds painful and so not fun, but it doesn't have to be. Take a look at your biggest expenses because that's where you'll probably find the biggest savings. For example, auto insurance rates have been soaring so shopping around for a new insurance company can be the fastest way to cut your bill. Also, look for ways to cut your grocery bill (despite rising inflation).
Local News
Comments / 0