Bank of America Takes a Hike

With their landmark location on the corner of Main and Emmons, Bank of America is a very visible presence in Franklin. But B of A has let customers know that it is “not closing” but instead heading to a new location in Bellingham.

Its current site has been a bank for a very long time. Initially (we think) it was the Norfolk County Trust. Then, likely in the late 1970s or early 1980s Norfolk County Trust was absorbed into the growing BayBanks empire. As consolidation in the banking sector accelerated in the early 1990s, it became first Bank Boston then Fleet. Finally Bank of America bought them all and it’s been B of A since.

A B of A announcement stated, “On 10/27/2023, we’ll be permanently closing the financial center at 49 Main Street, Franklin, MA and moving into our new location.

Come see us at our new location.

We have ATMs, banking, lending and small business associates as well as financial advisory specialists, ready to help you with your banking needs: Opening date: 10/30/2023 at 288 Hartford Avenue, Suite A-170, Bellingham, MA 02029.”

Kevin R. Goffe, President of Dean Bank, observing the changes from just down the street, noted, “These days financial institutions must make decisions that work best for them...but decisions impact customers.”

He noted that Dean Bank has been a fixture in Franklin’s downtown since 1889 has no plans to alter its location or business plan. “We’re a bank that thrives on in-person, personalized service while offering technology that makes banking easier and more convenient. We sincerely hope that the in-person banking void is filled by new customers visiting Dean Bank’s Main Street location and invite anyone interested to visit us,” he added.