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BofA to open 500 branches

Bank of America Corp. will open more than 500 new financial centers across the U.S. in the next four years.

That expansion includes the recent push into Cincinnati, Cleveland and Columbus in Ohio, the new center in Indianapolis, and its pending plans for Pittsburgh. The company has also already expanded into Denver and Minneapolis. More than 160 new centers have been opened.

In connection with the expansion, BofA also expects to hire more than 5,400 professionals.