A Pacific Grove branch of Bank of America will officially be closing in June. The branch at 601 Lighthouse, which has been temporarily closed since last March, has been at that corner of 16th Street since the 1950s. The closest branches of B of A are less than 2 miles away on Franklin Street, and less than 4 miles away in Seaside.
Although the pandemic is part of why B of A is closing branches, a more significant reason is that the public’s banking practices have been changing in recent years….with people doing more banking digitally, and also via self-service platforms.
