Bank of America Is Closing These 15 California Branches in 2024 (2024)

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 grow your savings.

Is your closest Bank of America branch shutting down this year? Find out in this list of branches set to close.

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29687 The Old Road, Castaic

Roman Tiraspolsky/Adobe Bank of America Is Closing These 15 California Branches in 2024 (1)

Castaic is losing its one and only brick-and-mortar Bank of America branch on Sept. 24.

Residents will 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 accountor visit a branch in another city for other transactions.

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1401 S. Harbor Blvd., Fullerton

JHVEPhoto/Adobe Bank of America Is Closing These 15 California Branches in 2024 (2)

The Harbor Boulevard location is set to close on Aug. 13. It will be 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.

1253 A St., Hayward

sheilaf2002/Adobe Bank of America Is Closing These 15 California Branches in 2024 (3)

After Hayward’s A Street Bank of America branch closes on Aug. 20, 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.

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2049 Century Park E., Los Angeles

Anne Czichos/Adobe Bank of America Is Closing These 15 California Branches in 2024 (4)

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 will also shutter on Aug. 27, but Los Angeles residents will still have access to dozens of other ATMs and local branches.

619 E. St., Marysville

jetcityimage/Adobe Bank of America Is Closing These 15 California Branches in 2024 (5)

Like Castaic, Marysville is losing its only Bank of America branch. The closure is slated for 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.

200 Kentucky St., Petaluma

JHVEPhoto/Adobe Bank of America Is Closing These 15 California Branches in 2024 (6)

One of Petaluma’s two Bank of America branches is closing 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.

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337 Main St., Pleasanton

Bumble Dee/Adobe Bank of America Is Closing These 15 California Branches in 2024 (7)

After Pleasanton’s Main Street Bank of America branch closes on Aug. 20, residents can still visit the Hacienda Bus Park location at 6005 Stoneridge Drive.

936 G St., Reedley

wolterke/Adobe Bank of America Is Closing These 15 California Branches in 2024 (8)

Reedley’s sole Bank of America branch is set to close 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.

18120 Sherman Way, Reseda

William/Adobe Bank of America Is Closing These 15 California Branches in 2024 (9)

Reseda’s two Bank of America ATMs will remain open for the foreseeable future, but its Sherman Way branch will close permanently on Aug. 6.

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101 West Ridgecrest Blvd., Ridgecrest

Roman Tiraspolsky/Adobe Bank of America Is Closing These 15 California Branches in 2024 (10)

Ridgecrest will lose its only Bank of America branch on Aug. 27. After that date, the Bank of America ATM at the Safemart in nearby Tehachapi will be the closest ATM.

Residents might have to travel as far as Barstow to access in-person Bank of America branch services.

8949 Clairemont Mesa Blvd., San Diego

Sundry Photography/Adobe Bank of America Is Closing These 15 California Branches in 2024 (11)

San Diego is losing at least three Bank of America branches over the coming year, including the Clairemont Mesa Boulevard branch.

Kearny Mesa residents can continue to visit this branch until Aug. 27, when doors will officially close.

455 Island Ave., San Diego

jetcityimage/Adobe Bank of America Is Closing These 15 California Branches in 2024 (12)

If you live in the Gaslamp Quarter or make a habit of stopping by this branch when you are downtown, you will need to make alternate plans before September: The Island Avenue branch is also shuttering Aug. 27.

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7404 Jackson Drive, San Diego

JHVEPhoto/Adobe Bank of America Is Closing These 15 California Branches in 2024 (13)

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.

3565 California St., San Francisco

jetcityimage/Adobe Bank of America Is Closing These 15 California Branches in 2024 (14)

On July 30, the California Street Bank of America branch will join 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.

1200 Fairmont Drive, San Leandro

JHVEPhoto/Adobe Bank of America Is Closing These 15 California Branches in 2024 (15)

San Leandro’s Fairmont branch is expected to close 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.

Bottom line

jetcityimage/Adobe Bank of America Is Closing These 15 California Branches in 2024 (16)

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.

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Bank of America Is Closing These 15 California Branches in 2024 (2024)

FAQs

Which Bank of America is closing in 2024? ›

2. California
  • 1 Market St., San Francisco.
  • 5800 South Eastern Ave., Los Angeles.
  • 1400 Moraga Way, Moraga.
Jun 28, 2024

How many Bank of America branches are in California? ›

There are 5,979 Bank of America locations in the United States as of June 13, 2024. The state and territory with the most number of Bank of America locations in the US is California, with 1,134 locations, which is about 19% of all Bank of America locations in the US.

Are banks closing in the states? ›

As of December, the number of bank branches in the U.S. had shrunk by more than one-fifth compared to 2009. More have closed since then, too. Between Bank of America, Chase, US Bank, Capital One, PNC Bank, Wells Fargo and TD Bank, another 400-plus have already closed in 2024.

Why are many banks closing some of their branches? ›

Banks often pursue acquisitions of competitors to cut expenses on overlapping staff, services and facilities. The savings support profits. In recent years, closing branches has often proven integral to deal-related cost-cutting.

Which banks are failing in 2024? ›

Republic First Bank failed on April 26, 2024. Citizens Bank of Sac City, Iowa, failed on November 3, 2023. Heartland Tri-State Bank failed on July 28, 2023.

Which banks are closing in 2024? ›

Lloyds, Halifax and Bank of Scotland to close 237 branches in 2024/25 – here's the full list, plus alternatives
  • Lloyds – 28 more branches closing (109 in total).
  • Halifax – 17 more branches closing (87 in total).
  • Bank of Scotland – 15 more branches closing (41 in total).

Why is Bank of America closing so many locations? ›

Last year, Bank of America and other financial institutions closed hundreds of locations. As the main reason for the measure, banks pointed to a change in the banking needs of their clients, since more transactions are currently performed outside physical branches.

What is the new name for Bank of America? ›

Bank of America is still called Bank of America, and the company's full name is Bank of America Corporation. The modern Bank of America Corporation was formed when BankAmerica was acquired by Nations Bank in 1998, though parts of the company date back over 200 years.

What is the future of Bank of America? ›

Company plans to open more than 55 new financial centers in 2023 across 34 markets. Three-year renovation of financial center network set to be completed by year end.

Is Bank of America in financial trouble? ›

Bank of America's Financial Health

In recent years, Bank of America's financial performance has been relatively stable. In 2022, the bank reported a net income of $20.4 billion, a decrease from the previous year's $27.4 billion.

Which bank are in trouble in USA? ›

Additional Resources
Bank NameBankCityCityClosing DateClosing
Republic First Bank dba Republic BankPhiladelphiaApril 26, 2024
Citizens BankSac CityNovember 3, 2023
Heartland Tri-State BankElkhartJuly 28, 2023
First Republic BankSan FranciscoMay 1, 2023
56 more rows
Apr 26, 2024

What happens to my bank account if the branch closed? ›

There are lots of ways you can bank with us, you can: Bank from the comfort of your own home or on the move with our online and mobile banking services to get cash 24/7; check your balance; transfer money and use other payment options.

Is Bank of America closing in 2024? ›

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.

What banks are not closing branches? ›

Nationwide said it launched its original 'Branch Promise' in 2019 not to leave a town or city where there was no other Nationwide branch, and strengthened this in 2023 to guarantee they would not close any of their branches until at least 2026.

Why are so many banks in trouble? ›

Consulting firm Klaros Group analyzed about 4,000 U.S. banks and found 282 banks face the dual threat of commercial real estate loans and potential losses tied to higher interest rates. The majority of those banks are smaller lenders with less than $10 billion in assets.

Why is Bank of America closing all its branches? ›

Last year, Bank of America and other financial institutions closed hundreds of locations. As the main reason for the measure, banks pointed to a change in the banking needs of their clients, since more transactions are currently performed outside physical branches.

Is Bank of America closed on Good Friday 2024? ›

The answer is yes, banks are open on Good Friday. While Good Friday is not a bank holiday, it is one of several stock market holidays in 2024. So for those wondering "Is the stock market open on Good Friday," the answer to that question is no.

What is the longest running Bank in America? ›

Future Treasury Secretary Alexander Hamilton founds the Bank of New York, the oldest continuously operating bank in the United States—operating today as BNY Mellon.

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