Bank of America enters Wisconsin, plans to expand to 19 retail locations

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Bank of America opened its first retail location in Madison, Wisconsin, and plans to open 17 more by 2030, expanding to 19 new locations statewide. The expansion is expected to create approximately 130 jobs; the bank also plans to enter Alabama and Louisiana next year, opening 10 locations in the Birmingham and Huntsville areas, respectively, and 8 in the Greater New Orleans area. The expansion continues its $5 billion branch expansion plan launched in 2016.