Charlotte-based Bank of America says it plans to open 10 locations across Birmingham and Huntsville beginning in early 2027.
That is double what the bank promised the Yellowhammer State in 2023, when it said its first Birmingham center would open in 2024 with five statewide by the end of 2026.
Madison was slated for 2025 and Huntsville for 2026. None of them opened. Alabama remains one of the few states where the nation’s second-largest bank has no branch.
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The new timeline puts Alabama behind Wisconsin, where Bank of America opened its first centers in Madison and Milwaukee in October, and ahead of Greater New Orleans, which gets eight centers in the second half of 2027.
“Our clients do more and more of their banking digitally, but when they’re buying a home, starting a business or planning for retirement, they want to sit down with someone they trust,” Bank of America CEO Brian Moynihan said. “Each new financial center in Wisconsin, Alabama and Louisiana is a commitment to the clients, employees and communities we serve there.”
The bank operates roughly 3,500 financial centers nationwide and says it has invested more than $5 billion in the network since 2016. More than 95% of client interactions happen on its digital platform, but customers booked about 10 million in-person appointments with specialists over the past year.
Bank of America did not say how the 10 Alabama centers will split between Birmingham and Huntsville, where they will be located or how many jobs they will create. The Wisconsin rollout, by comparison, came with a figure of roughly 130 new jobs.
Cincinnati-based Fifth Third beat Bank of America into the state, opening its first Alabama financial center in August 2025 with 15 planned across Huntsville and Birmingham over three years.
Grayson Everett is the editor in chief of Yellowhammer News. You can follow him on X @Grayson270.

