Bank of America will broaden to Fort Collins with the addition of a brand new department simply west of Colorado State College.
Paperwork filed for conceptual evaluate with the town of Fort Collins point out that Bank of America will convert a carwash at 1305 W. Elizabeth St. right into a 1,250-square-foot bank department with a drive-thru window. The positioning at the moment homes the Campus West Automotive Wash and is listed by Cushman & Wakefield for $950,000.
The Fort Collins department would be the Charlotte, N.C.-based bank’s first foray into Northern Colorado. Bank of America operates 11 branches in Colorado, in response to the Federal Deposit Insurance coverage Corp., with deposit market share of two% within the state as of June 30, 2019.
The bank operates a Boulder department at 1965 28th St. and is finishing development on a department in The Village at Twin Peaks in Longmont, with one other department deliberate close to West 120th Avenue and South Bradburn Boulevard in Broomfield.
Bank of America in April 2019 introduced plans so as to add a dozen branches within the Denver space by 2021.
Bank of America held property of $1.85 trillion as of Dec. 31, 2019, with whole deposits of $1.5 trillion.
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