Bank of America Opens Gateway Commons Financial Center

New Location Continues Company’s Nationwide Expansion

July 9, 2019 at 9:31 AM Eastern

Bank of America today announced its opening of a new full-service financial center in Wake Forest, N.C., bringing banking, investing, lending and small business services to new and existing clients in the area. The Gateway Commons financial center serves as a destination to provide clients easy access to expert advice for all of their financial needs.

The new financial center, located at 919 Gateway Commons Cir., is state of the art, and showcases the newest technology, including advanced ATMs; private offices for one-on-one client assistance; on-site specialists, including Merrill financial solutions advisors; and Bank of America lending officers and small business bankers who work as one team to understand a client’s unique circumstances and personal goals to provide the guidance and advice they seek.

This will be the bank’s 30th financial center in the Triangle market and includes the 100th ATM in the market. The bank employs more than 550 people locally, and has provided more than $6 million in local grants and matching gifts to various community organizations since 2014.

This opening reflects Bank of America’s high-tech and high-touch approach and continued investment in and expansion of its financial center and ATM network. The company previously announced plans to open 350 financial centers across the country over the next few years in new and existing markets, including Salt Lake City; Pittsburgh; Indianapolis; Cleveland; Cincinnati; Columbus, Ohio; and Lexington, Ky.

“Wake Forest has seen significant residential growth over the past several years,” said Kari Stoltz, local market president for Bank of America. “There is no one better positioned locally to help area clients reach their financial goals through our full breadth of banking and investing services and our Preferred Rewards program. We are excited to open our first new full-service financial center in the market in four years.”

Bank of America has a long history of serving the Triangle community, providing retail, commercial and business banking, as well as wealth management services through Merrill, to Triangle-area clients since the 1870s. The region’s thriving economy presents an exciting opportunity to develop and deepen relationships with new and existing clients.

Bank of America recently received the highest recognition in customer satisfaction for retail banking advice in the J.D. Power 2019 U.S. Retail Banking Advice Study. The bank received the top spot and a 5 out of 5 Power Circle Rating in the annual study of retail banking client satisfaction with bank-provided advice offerings. Bank of America was recently recognized as one of the “100 Best Companies to Work For” by Fortune magazine and the global research and consulting firm, Great Place to Work®. It was also recognized as the only financial services company on Fortune’s inaugural “Best Big Companies to Work For” list, which recognizes seven companies with more than 100,000 U.S.-based employees that passed the Great Place to Work® Certification bar.

For additional information on the financial centers and ATMs in the market, please visit bankofamerica.com.


Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,400 retail financial centers, including approximately 1,800 lending centers, 2,200 financial centers with a Consumer Investment Financial Solutions Advisor, and 1,500 business centers; approximately 16,400 ATMs; and award-winning digital banking with more than 37 million active users, including over 27 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

www.bankofamerica.com

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Banking products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, Member SIPC and a wholly owned subsidiary of BofA Corp.

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Reporters May Contact:
Jennifer Darwin, Bank of America
Phone: 1.980.683.2689
jennifer.darwin@bankofamerica.com

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