Bank of America to Close More Branches in Massachusetts

MyBankTracker

By , Staff Writer
Posted on Wed Dec 26, 2012, Last Updated on Wed Dec 26, 2012

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Bank of America plans to shutter four more branches in Massachusetts in March as the bank continues to streamline its branch network, according to the Boston Globe.

The move is part of a long-standing strategy to close 750 of the bank’s 5,700 branches in the next few years.

Recently, Bank of America also said it found buyers for many of its branches in the Midwest.

In Massachusetts, Bank of America has the largest deposit market share and the most branches, according to the FDIC.

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