Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Bank of America pushes into Twin Cities


Bank of America is making a run at building a business in the heart of Wells Fargo and U.S. Bank country.

The nation’s second-largest bank just opened a new branch in the IDS Center in downtown Minneapolis, is beefing up its Minnesota business lending presence and will add a dozen ATMs and three new branches in the metro area.

“In some ways, we’re growing before it’s happened because we think it’s that important of a market,” said Larry Kloth, the bank’s market president for Minneapolis and St. Paul.


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