Home Industries Banking & Finance Bank of America to build branch on Milwaukee’s far northwest side

Bank of America to build branch on Milwaukee’s far northwest side

A preliminary concept for the Bank of America branch planned at 7630 Good Hope Road in Milwaukee. Rendering from Interior Architects

Bank of America is planning to open a branch on the far northwest side of Milwaukee as the financial services company expands into the Milwaukee market. In June, Charlotte, North Carolina-based Bank of America said it planned to open five financial centers in the Milwaukee area and three in the Madison area in 2025, but

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
Bank of America is planning to open a branch on the far northwest side of Milwaukee as the financial services company expands into the Milwaukee market. In June, Charlotte, North Carolina-based Bank of America said it planned to open five financial centers in the Milwaukee area and three in the Madison area in 2025, but did not specify locations. According to plans presented at the Granville Advisory Committee on Wednesday, one Bank of America branch is to be located at 7630 Good Hope Road, which is northwest of the intersection of Good Hope Road and North 76th Street. The site currently has a vacant building, formerly occupied by Yen Ching Chinese Restaurant. Bank of America wants to demolish that building to make way for it to build a new financial center. The 4,300-square-foot building will have a "typical bank layout" with a teller desk, seating area and private offices. There will also be two 24-hour drive-up ATMs. "We bring intellectual expertise to help people understand how to purchase a home, establish credit, saving, etc.," said Felicia Lewis, financial center regional executive. The branch will be built to support Bank of America's Community Banking Programs, which includes things like accounts with no overdraft fees, small-dollar loans, support for women and diverse entrepreneurs, as well as other community outreach. "Our goal is to make financial lives better," Lewis said. "This won't be a one and done commitment for us." The Granville Advisory Committee voted to support the project. Construction could begin in about nine months and be completed in 2025.

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
Exit mobile version