These 24 Bank Branches Are Closing in Florida (BofA, Wells Fargo, PNC, and More)

Is your bank branch in the Sunshine State about to close down?

client receiving money from bank window
Updated July 18, 2024
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If you are a Florida resident, you might have to find a new place to boost your bank account, as many, many branches of various banks will soon close in the Sunshine State.

Florida isn’t the only state where branches are closing; a wave of bank closures is expected to roll across the country this year.

Check this list if your bank in Florida will close its doors permanently.

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Bank of America

wolterke/Adobe bank of america from outside
  • 19645 Biscayne Blvd., Aventura
  • 21060 St. Andrews Blvd., Boca Raton
  • 459 Brandon Town Center Drive, Brandon
  • 9469 W. Atlantic Blvd., Coral Springs
  • 2414 E. Sunrise Blvd., Fort Lauderdale
  • 10300 Southside Blvd., Jacksonville
  • 50 N. Laura St., Jacksonville
  • 1200 W. Osceola Parkway, Kissimmee
  • 3800 U.S. Highway 98 N., Lakeland
  • 375 Fifth Ave. S., Naples
  • 1827 N. Military Trail, West Palm Beach

The Bank of America location on North Laura Street in Jacksonville is expected to close on June 25. It’s on the ground floor of the Bank of America Tower, the city's tallest building.

Customers will still be able to access the ATM at that location, but there will be no additional services typical for a bank branch. So, Jacksonville residents will either have to find a new Bank of America location or open a new bank account.

Wells Fargo

Kristina Blokhin/Adobe Wells Fargo bank from outside
  • 1807 N. Young Circle, Hollywood
  • 14731 Biscayne Blvd., North Miami
  • 4709 S. Orange Ave., Orlando
  • 4949 Ridgemoor Blvd., Palm Harbor
  • 4285 U.S. 1, St. Augustine
  • 3400 S. Monroe St., Tallahassee
  • 444 Gamble St., Tallahassee
  • 7931 Gunn Highway, Tampa

Both Wells Fargo Tallahassee locations on this list were closed the same week in mid-March, leaving customers to scramble to find a new branch for their banking needs.

PNC

Refrina/Adobe PNC Bank Centreville during day time
  • 12000 Forest Hill Blvd., Wellington

Wellington still has two PNC branches — at 12850 Forest Hill Blvd. and 4055 S. State Road 7 — for its customers' banking needs.

Residents of the Sunshine State can still choose from 182 locations if they want to continue banking with PNC.

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Fifth Third Bank

Tada Images/Adobe Fifth Third Bank Charlotte North Carolina
  • 10417 Gibsonton Drive, Riverview

Florida has 177 Fifth Third Bank branches. Despite the closing of the Gibsonton Drive location, customers can still visit two additional branches in Riverview.

TD Bank

Tada Images/Adobe TD Bank building in Philadelphia Pennsylvania
  • 3325 W. Hillsboro Blvd., Deerfield Beach
  • 2675 W. State Road 434, Longwood

At 167 branches, Florida has more TD Bank locations than any other state. That may be one reason why the bank decided it could afford to close the branches in Deerfield Beach and Longwood.

Terrabank National Bank

Kekyalyaynen/Adobe Silver atm machine in building wall
  • 1615 SW 107th Ave, Miami

Terrabank National Bank now has just four branches left open in Florida.

Why banks are closing branches in Florida

oscargutzo/Adobe people waiting for cashier at bank

The increased use of online banking means fewer customers are using traditional in-person options for their financial needs. The COVID-19 pandemic accelerated that trend, as customers had no choice but to try online options.

As more customers bank online, it only makes sense to close physical branches. In addition, as banks merge, more branches close when companies consolidate their physical footprints as part of the merger.

Where banks are opening branches in Florida

Syda Productions/Adobe customer writing application at bank window

There are some rays of sunshine for customers in the Sunshine State, as banks also continue to open branches throughout Florida where you can grow your savings.

JPMorgan Chase announced it will open 10 branches in northern Florida to meet the growing demand for services among the area’s new residents.

TD Bank also plans to target specific areas of Florida in response to the state’s population growth.

Bottom line

Rafael Ramirez/Adobe people using atm machines outdoor

Many banks are in the process of closing branches, which could be an issue if you prefer a little in-person help when you bank.

On the other hand, you can also try an online bank — perhaps one that offers a high-yield savings account — to see if that works for your transactions. Or, consider switching to a different bank or joining a credit union.

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Author Details

Jenny Cohen

Jenny Cohen is a freelance writer who has covered a bit of everything, from finance to sports to her favorite TV shows. Her work has been featured in The Wall Street Journal, USA Today, and FoxSports.com.