Bank of America Announces Plans to Open Financial Centers in Indianapolis
Lease Signed for Downtown Indianapolis
Bank of America today announced plans to open its first center in Indianapolis, offering retail banking services to its existing clients in the area. The company signed a lease for a space in Cummins Office Tower at 301 E. Market Street. The downtown Indianapolis center will open in late 2017, with additional centers and standalone ATMs scheduled to open over the next several years.
Bank of America has a long-standing history in the Indianapolis community. The company currently provides commercial and business banking, as well as wealth management services through Merrill Lynch, to almost 128,000 Indianapolis-area clients. The Indianapolis area presents an exciting opportunity to build on an existing client base, as well as develop relationships with new clients, by connecting them with a greater variety of financial services.
“The decision to open retail centers here is an important demonstration of our commitment to Indianapolis,” said Will Smayda, Bank of America Financial Center and Merrill Edge Central Division Executive. “These centers will provide our existing banking, investment and commercial clients, as well as new customers, with access to Bank of America’s retail capabilities. Seamlessly integrated with our digital offerings, the physical presence of these new locations will provide our clients with both the high-tech and high-touch experience that we always strive to create for them.”
The new centers will serve as destinations for clients when they need help managing their finances. The center’s design includes dedicated space to assist clients one-on-one. On-site specialists, including Merrill Edge financial solutions advisors, and Bank of America mortgage loan officers and small business bankers, will work together as one team to understand a client’s unique circumstances and personal goals and provide the tailored solutions they need.
Smayda added, “We are pleased to serve new and existing clients in the Indianapolis area and look forward to helping them prepare for and respond to their various life priorities.”
The growth in Indianapolis is another example of the bank’s continued investment in its financial center and ATM network, including expanding its footprint in markets where there is opportunity, such as Denver and Minneapolis.
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 46 million consumer and small business relationships with approximately 4,600 retail financial centers, approximately 15,900 ATMs, and award-winning online banking with approximately 34 million active accounts and nearly 22 million mobile active 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 in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Merrill Edge is available through Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), and consists of the Merrill Edge Advisory Center™ (investment guidance) and self-directed online investing.
Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer and member SIPC, and other subsidiaries of Bank of America Corporation (“BofA Corp.”).
Banking, mortgage and home equity products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of BofA Corp.
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Reporters May Contact:
Diane Wagner, Bank of America, 312.992.2370