Bank of America is set to close eight more branches across the United States by the end of 2025. If you live in San Francisco or nearby, this change could hit close to home—especially because one of these branches is located right in the city’s core.
Let us break down what this means for you and your community, especially if you depend on in-person banking services.
Why is Bank of America closing more branches?
Bank of America, like many other major banks, has been reducing its number of physical locations for a few years now. The main reason? More people are choosing to bank online.
Instead of walking into a branch to deposit a check or pay a bill, most people now just use their phones or computers. Because of this shift, the bank is rethinking how many physical branches it actually needs to operate.
So, while this might not surprise you, it can still be a huge inconvenience if you are someone who prefers face-to-face service.
Which Bank of America branch is closing in San Francisco?
One of the biggest closures on the list is the branch at 445 Powell Street, San Francisco, which is scheduled to shut down in December 2025. This location is in a busy and central part of the city, making it easily accessible to thousands of customers, especially tourists and downtown residents.
If you are one of the many people who visit this branch regularly, you might want to start looking into nearby alternatives or get comfortable using BofA’s mobile and online platforms.
Here is what you should know:
- The 445 Powell Street branch has been a high-traffic location serving downtown San Francisco.
- Its closure could affect a large number of senior citizens, small business owners, and people who prefer in-person help.
- Even though other BofA branches exist in the city, this one’s central location made it convenient for many.
What other Bank of America branches are closing by 2025?
In addition to San Francisco, BofA will shut down seven other branches in different parts of the country. Here is a quick look:
California:
- June 2025: 4551 2nd Street, Suite 120, Davis
- October 2025: 16811 Algonquin Street, Huntington Beach
- November 2025: Santa Rosa Highway 5800, Camarillo
Kentucky:
- September 2025: 201 Bastogne Avenue, Fort Campbell
Nevada:
- September 2025: 300 South Fourth Street, Las Vegas
South Carolina:
- October 2025: 901 Savannah Highway, Charleston
Texas:
- September 2025: 1206 South Bowen, Arlington
Bank of America says that even with these closures, there will still be other branches and ATMs in the area for customers to use.
What should San Francisco residents do next?
If the Powell Street branch is your go-to location, now is a good time to:
- Check for the nearest active Bank of America branch or ATM
- Download the BofA mobile app or explore their website for online banking services
- Reach out to customer service to ask about how the closure might affect your personal or business accounts
This closure might feel like a loss, especially if you value face-to-face service. But the good news is, with some planning, you can still stay on top of your finances without too much disruption
