Banking
Bank of America details hometown branch expansion plans for south Charlotte and NoDa
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Bank of America opened another branch Thursday morning in its hometown of Charlotte, and updated plans on continuing renovation work on existing branches as well as plans to open another center early next year.
The south Charlotte branch debuted at 7921 Providence Road. It’s part of the bank’s plans to open more than 55 financial centers this year across 34 markets.
Bank of America also intends to open another banking center in Charlotte early next year. This one would be in NoDa at the corner of 36th and N. Tryon streets, and construction already is underway at that site.
The bank also said it has finished interior renovations for nine branches in Charlotte. Renovations will focus on exterior work next year. Bank of America said that over the next two years, it will have invested nearly $30 million in its financial centers across the Charlotte market.
The bank now has 47 financial centers, 200 ATMs and more than 19,000 employees in the Charlotte market, part of 213,000 workers companywide.
“We are deeply committed to Charlotte,” Kieth Cockrell, president of Bank of America Charlotte, said in a statement. He said that commitment includes providing clients with the resources they need “as well as helping the entire community thrive by addressing issues fundamental to economic health and sustainability.”
This story was originally published November 16, 2023, 10:09 AM.
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