BofA Sells 29 Branches to Arvest


Updated on Fri Dec 14, 2012

Bank of America plans to sell 29 branches in the Midwest to Arvest Bank as part of a plan to reduce its branch footprint.

Terms of the deal were not disclosed, according to the St. Louis Post Dispatch.

Fifteen of the branches that Arvest will acquire are based in Missouri. The sale comes just weeks after BofA sold nine branches in that state to First State Community Bank.

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