Credit: Google Maps
Bank of America has filed paperwork with federal regulators to close an area branch.
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The North Carolina-based bank chain filed paperwork with U.S. Department of the Treasury independent bureau Office of the Comptroller of the Currency that they will be closing their location along South Oxford Valley Road in the Queen Anne Plaza shopping center in Bristol Township’s Fairless Hills section.
Bank of America said the location will close for good on October 25. It advises residents to close safe deposit boxes during branch business hours.
The Philadelphia Business Journal reported Bank of America has 78 locations in the Philadelphia area. It recently closed locations in Montgomery County, Philadelphia, and Ocean City, New Jersey.
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Bank of America has spend time over the past decade closing branches in the region.
The bank is the fourth largest deposit taker in the region, the Philadelphia Business Journal reported.
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The pandemic forced consumers to become more involved with virtual and mobile banking options, which has sped up a trend of major banks consolidating locations.
Bank of America operates an existing branch at the Marketplace at Oxford Valley on East Lincoln Highway and several area ATMs. Outside of the Levittown area, the bank has nearby branches in Bensalem Township, Lower Southampton Township, Newtown Township, and Trenton.
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