If you’re someone who still prefers walking into a physical bank branch, you might want to sit down for this one.
The closures just got real, and 19 locations across 10 states are shutting down for good in 2025. This wave of shutdowns is part of a bigger shift across the banking industry, where digital services are making physical branches less necessary, and less profitable.
The news comes straight from the Office of the Comptroller of the Currency and includes branches in California, Florida, Illinois, Kentucky, Massachusetts, Nevada, South Carolina, Texas, Virginia, and Washington. Some have already closed, while others are scheduled to shut their doors by December 2025.
So why are we seeing this happen? Since 2018, an average of 1,646 bank branches across the U.S. have closed each year, according to fintech firm Self Financial. California leads the nation in closures over the past decade with a massive 1,114 branch shutdowns, closely followed by Florida at 1,091. And it’s not just Bank of America pulling back, JP Morgan Chase, Wells Fargo, PNC Bank, and others are in the same boat.
In March alone, 32 U.S. banks shut down locations. By the end of Q1 2025, the number jumped to 272. If this trend continues, experts warn that physical bank branches could be virtually extinct by 2041. Why? Because nearly everything, deposits, transfers, even investments, can now be handled from your phone.
Bank of America’s closures mirror this trend, with the company evaluating which locations are worth keeping based on foot traffic versus operational costs. And they’re not alone. Flagstar Financial, one of the 30 biggest banks in the country, plans to close at least 60 branches this year. The company’s CEO, Joseph Otting, said the decision is part of a larger effort to cut costs after a net loss of $845 million in 2024. The goal? To return to profitability by Q4 2025.
Meanwhile, other banks are following suit. TD Bank is closing at least six branches in June. Wells Fargo has confirmed updates to its 4,349 locations, and with so many names on the chopping block, there’s no denying that the age of in-person banking is on its last legs.
If your go-to Bank of America branch is on this list, it might be time to embrace online banking, or at least prepare for a longer trip to your next closest location.
Here’s a table of the 19 Bank of America branches closing in 2025:
| State | Branch Address |
|---|---|
| California | 134 South Church Street, Grass Valley |
| 1510 The Alameda, San Jose | |
| 3150 Campus Drive, San Mateo | |
| 4551 2nd Street, Suite 120, Davis | |
| 16811 Algonquin Street, Huntington Beach | |
| 5800 Santa Rosa Road, Camarillo | |
| 445 Powell Street, San Francisco | |
| Florida | 10690 Forest Hill Boulevard, Wellington |
| Illinois | 240 N Randall Rd, Lake in the Hills |
| 3210 W IL Route 60, Mundelein | |
| Kentucky | 201 Bastogne Avenue, Fort Campbell |
| Massachusetts | One Post Office Square, Lynnfield |
| Nevada | 399 South Fourth Street, Las Vegas |
| South Carolina | 910 Savannah Highway, Charleston |
| Texas | 1206 South Bowen, Arlington |
| Virginia | 9280 Old Keene Mill Road, Burke |
| Washington | 1201 Madison Street, Seattle |
| 4323 SW Admiral Way, Seattle | |
| 9019 Rainier Avenue South, Seattle |
As digital banking continues to rise, these shutdowns won’t slow down anytime soon. For millions of Americans, visiting a bank branch is quickly becoming a thing of the past. Whether it’s for convenience or cost-saving measures, banks are doubling down on mobile-first strategies, and the closures are just the latest sign of that future.
Leo Cruz brings sharp insights into the world of politics, offering balanced reporting and analysis on the latest policies, elections, and global political events. With years of experience covering campaigns and interviewing world leaders, Leo ensures readers are always informed and engaged.
