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Tag: long island banking

  • Wells Fargo opens new branch in Lake Grove | Long Island Business News

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    Wells Fargo expands its Long Island presence with a new Lake Grove branch and donates $25K to support veterans through local nonprofit New Ground.

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    David Winzelberg

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  • Bank of America opens new branch in Rocky Point | Long Island Business News

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    Banking executives and staff held a ribbon-cutting ceremony last week at ‘s newest Long Island branch. 

    Bank of America officially opened its new 3,474-square-foot branch at 366 Route 25A in on Wednesday, Sept.17. The property was formerly occupied by a bank branch. 

    The new Rocky Point branch, which features enhanced technology, private offices and on-site financial specialists, is one of 60 recently renovated or new Bank of America financial centers across Long Island, according to a company statement. 

    “The new in Rocky Point reflects our high-tech and high-touch approach to meeting the banking, borrowing, and investing needs of our clients,” Marc Perez, president of Bank of America Long Island said in the statement. “At every one of our financial centers, our priority is providing clients with expert advice and personalized guidance to help them make confident financial decisions.” 

    Nationally, Bank of America financial centers host around 450,000 client visits per day, which is up nearly 4 percent from last year, according to the company. The company also serves about 59 million digital clients.

    Besides its many branches and services, Bank of America also continues to give back to the community. Since 2020, the company has invested more than $11 million across Long Island through grants to local nonprofits, employee matching gifts, sponsorships and more, including supporting Long Island-based Bank of America employees who have collectively volunteered more than 50,000 hours, according to the statement. 


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    David Winzelberg

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