Bank of America to Open 10 Alabama Centers
The bank plans to open 10 financial centers in Birmingham and Huntsville starting in early 2027, after earlier promised Alabama openings did not happen.
Updated on Nov. 9, 2026 in Banking
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Bank of America plans to open 10 financial centers across Birmingham and Huntsville beginning in early 2027. The bank currently has no Alabama branch, as promised openings in Birmingham, Madison, and Huntsville during 2024 through 2026 did not occur.
Why it matters
For Alabama residents, the plan would add a major national bank's in-person services in the state's two largest metro areas. The missed earlier timelines mean the new schedule is a forecast that has yet to be fulfilled.
The plan is backed by a corporate investment of more than $5 billion in the financial center network since 2016, with roughly 3,500 centers nationwide. The split of the 10 Alabama locations between Birmingham and Huntsville and their specific addresses have not been disclosed.
The players
Bank of America
Bank of America is one of the largest banks in the United States, operating roughly 3,500 financial centers nationwide and serving millions of customers through branches and digital platforms.
The details
Bank of America said it will open 10 centers in Birmingham and Huntsville beginning in early 2027. In 2023 the bank had promised a first Birmingham center in 2024 and five statewide by the end of 2026, but none of those openings took place.
Timeline
2023: Bank of America announced an Alabama expansion timeline including five centers by 2026.
2024: A first Birmingham center was promised but did not open.
2025: A Madison opening was slated but did not occur.
Early 2027: The planned 10 Alabama centers in Birmingham and Huntsville are set to begin opening.
Market Dynamics
Bank of America's Alabama plan follows Fifth Third's August 2025 opening of its first Alabama financial center, which was part of a broader push by large banks to add physical locations. The move reflects continued investment in in-person banking even as more than 95% of Bank of America client interactions now take place digitally.
Alabama customers who currently must travel out of state for Bank of America's in-person services would gain nearby access once the centers open. Those who rely on the bank's services should watch for the announced opening dates, since earlier promised Alabama timelines were not met.
The takeaway
Customers choosing a bank in Alabama should weigh announced physical locations against actual openings, since the bank's earlier promised 2024 through 2026 Alabama centers did not materialize. Waiting for confirmed opening dates before relying on a local center is a practical step.
What happens next
Bank of America's first planned Alabama centers in Birmingham and Huntsville are scheduled to begin opening in early 2027.
Further reading
For more on how major lenders are building out their physical footprint, see Banking coverage across the state.
Source note: This article includes information reported by Yellowhammer News.
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