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Bank Of America Closing Downtown Branch

Posted: December 8, 2012 at 4:59 a.m.

Bank of America is closing its downtown Springdale branch March 8.

At A Glance

Master Plan

Downtown Springdale’s contract with Alta Planning and Design for a master plan recommendation is for a maximum of $100,000. The city provided $34,000 and the Springdale Advertising and Promotion Commission and Public Facilities Board each gave $33,000.

Source: Staff Report

At A Glance

Bank Of America

Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, N.C. It’s the largest bank holding company in the U.S. by assets. As of 2010, it was the fifth-largest U.S. company in total revenue, as well as the third-largest non-oil company after Walmart and General Electric. In 2010, Forbes listed Bank of America as the 3rd biggest company in the world.

Source: Staff Report

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