Bank of America (BAC.US) Consumer and Retail Banking Head Holly O'Neill stated that the goal is to increase the bank's depositors from 70 million to 75 million, including individual consumers and small businesses.
The scope of responsibilities for this business objective has expanded to include mass affluent clients, targeting rapid growth areas such as Idaho, Florida, and Texas for branch expansion, with plans to open more than 150 new financial branches nationwide by 2027

Bank of America Consumer and Retail Banking Head Holly O'Neill stated that the goal is to increase the bank's depositors from 70 million to 75 million, including individual consumers and small businesses. The scope of responsibilities for this business objective has expanded to include mass affluent clients, targeting rapid growth areas such as Idaho, Florida, and Texas for branch expansion, with plans to open more than 150 new financial branches nationwide by 2027

Bank of America Retail Banking Head: Target to Add 5 Million Customers