BofA adds ATMs as banks push deeper into self-service

By | March 26, 2016

For years, Bank of America has been cutting away at its branches in Charlotte and elsewhere, but in 2015 it grew in another area: ATMs.

Source: www.charlotteobserver.com

Maybe your best bank branch is that local ATM down at the supermarket (manipulated by your TV remote aka smartphone)?

 

BoA reports 16,038 automated teller machines in the U.S. at the end of last year, a jump of 204 compared with the same period the year before. 

 

It’s he latest example of how banks nationwide are investing heavily in self-service technology for consumers – at the same time dialing back on costly branches.