The slow disappearance of brick-and-mortar bank branches is no longer a prediction—it’s a reality. Bank of America, one of the nation’s most recognized financial institutions, is preparing to shut down multiple locations across the United States. This move is part of a much larger trend sweeping through the banking world, where physical branches are giving way to digital platforms.
While the convenience of mobile and online banking is undeniable for many, not all customers are celebrating this transition. For some—especially elderly citizens, those living with disabilities, and lower-income individuals—the closure of physical branches could have serious consequences.
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The Rise of Digital Banking: Is This the End of Traditional Banks?
Bank of America’s decision to close numerous branches may seem sudden, but it aligns with a broader industry trend. Since the pandemic, major financial institutions have increasingly leaned into digital banking. Customers are logging in rather than walking in, preferring the speed and simplicity of mobile apps over in-person visits.
Banking needs are evolving, and physical locations no longer see the same foot traffic they once did. As a result, maintaining these spaces has become a financial burden that banks are no longer willing to carry. Industry experts even predict that the last traditional bank branch could close its doors by 2041, effectively rendering brick-and-mortar banking obsolete.
Major Banks Following Suit: Not Just Bank of America
Bank of America isn’t the only player downsizing its physical presence. Major names like Wells Fargo, Chase, TD Bank, and PNC are following a similar path. Within just five weeks, Wells Fargo and Chase collectively shuttered 145 branches. TD Bank has also joined the list, already closing numerous locations and planning more closures in the near future.
Here’s a snapshot of some of the banks that have recently closed or will soon close physical branches in Pennsylvania:
Citizens Bank Closures
- 1201 Knapp Road, North Wales
- 116 W. Township Line Road, Havertown
- 176 W. Street Road, Feasterville-Trevose
Fulton Bank Closures
- 122 Eagle Point, Bellefonte
- 599 West Market St., Hellam
- 611 Shrewsbury Commons Avenue, Shrewsbury
- And several more across the state
PNC Bank Closures
- 345 Court St., Coraopolis
- Bon Aire Shopping Center, Route 8, Butler
- 801 Bishop St., Bellefonte
- 230 S. Broad St., Philadelphia
TD Bank Closures
- 8600 Germantown Pike, Philadelphia
- 101 Lancaster Ave., Frazer
- West Trenton Ave. & Carlisle Ave., Morrisville
Wells Fargo Closures
- 1001 Pennsylvania Ave., Matamoras
- Centre Square, 1 N. Main St., Red Lion
- 1700 Market St., Philadelphia
Bank of America Locations Closing in 2025 (Full List)
The following Bank of America branches are scheduled to close by the end of 2025, across several U.S. states:
California
- April: 134 S. Church St., Grass Valley
- May: 1510 The Alameda, San Jose | 3150 Campus Drive, San Mateo
- June: 4551 2nd Street, Suite 120, Davis
- October: 16811 Algonquin Street, Huntington Beach
- November: 5800 Santa Rosa Road, Camarillo
- December: 445 Powell Street, San Francisco
Florida
- May: 10690 Forest Hill Boulevard, Wellington
Illinois
- January: 240 N Randall Rd, Lake in the Hills | 3210 W IL Route 60, Mundelein
Kentucky
- September: 201 Bastogne Avenue, Fort Campbell
Massachusetts
- March: One Post Office Square, Lynnfield
Nevada
- September: 300 South Fourth Street, Las Vegas
South Carolina
- October: 910 Savannah Highway, Charleston
Texas
- September: 1206 South Bowen, Arlington
Virginia
- May: 9280 Old Keene Mill Road, Burke
Washington
- January: 1201 Madison Street
- February: 4323 SW Admiral Way
- April: 9019 Rainier Avenue South
Who Will Be Most Affected by These Bank Closures?
While younger, tech-savvy customers might adapt seamlessly to online platforms, not everyone is ready for this digital shift. Those hit hardest by the closures will likely include:
- Elderly individuals who are less comfortable with mobile apps or online portals
- People with disabilities who rely on in-person services and personalized help
- Low-income families who may lack access to reliable internet or smartphones
For these groups, the closure of nearby branches could lead to difficulties in accessing basic banking services, such as cash withdrawals, check deposits, or face-to-face financial advice.
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The Bottom Line: A Digital Future That Leaves Some Behind?
As the banking world moves full-speed toward digital solutions, the decline of physical branches seems inevitable. But the big question remains: Are we ready to leave behind traditional banking without leaving people behind?
While these closures may be part of progress, it’s essential to ensure that banking remains accessible, inclusive, and equitable for all, not just the digitally connected. Only time will tell how banks will rise to this challenge.