MD: Bank of America to Expand Again in Baltimore County, Add 600 Jobs
7 Mar, 2018
Bank of America, one of the world’s leading financial institutions and the largest bank in the Baltimore region, is planning to add about 600 new jobs at its Hunt Valley complex by 2020, significantly expanding its Baltimore County operations.
The anticipated increase follows the addition of nearly 300 jobs in 2017, which would raise total employment at the location to about 1,500 by the end of the decade. The new jobs primarily will comprise call center and staff support positions. Individuals interested in applying for an open role may visit http://careers.bankofamerica.com/.
“We are pleased to expand our base of operations in Baltimore County and the great state of Maryland, and we are appreciative of our public servants who work tirelessly on behalf of the community we are proud to serve,” said Bank of America Greater Maryland Market President Sabina Kelly.
Hunt Valley is one of Baltimore County’s most vibrant employment centers, with McCormick’s new global headquarters opening next door, convenient light rail, and the amenities of Hunt Valley Towne Centre across the street from the two-building Bank of America complex, which includes a Merrill Lynch office.
Bank of America has added space, upgraded interiors, and increased parking at the site. The Maryland Department of Commerce worked closely with other state agencies, including the Maryland Transit Administration and Baltimore County, on permitting and stormwater management issues.
“It is tremendous to have a financial leader like Bank of America grow its operations and add hundreds of new jobs to our state,” said Governor Larry Hogan. “Maryland offers an extremely competitive and attractive location for global companies, and this expansion is further proof that Maryland is Open for Business.”
“Bank of America’s decision to grow its operations in Baltimore County and add hundreds of new jobs shows the company’s strong investment in Maryland,” said Maryland Commerce Secretary Mike Gill. “Understanding Bank of America’s needs and working together across state agencies and with our county partners to make this expansion happen underscores our commitment to helping to grow our world-class companies that call Maryland home.”
“Bank of America chose to add hundreds of new jobs in Baltimore County because we listened and were able to provide what the company needed -- a talented financial services workforce and fast-track design approval and permitting to meet their expansion timeline,” said Baltimore County Executive Kevin Kamenetz.
About Maryland Commerce
The Maryland Department of Commerce stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The Department promotes the State's many economic advantages and markets local products and services at home and abroad to spur economic development and international investment, trade and tourism. Because they are major economic generators, the Department also supports the Arts, film production, sports and other special events. For more information, visit commerce.maryland.gov.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 35 million active users, including approximately 24 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom. Click here to register for news email alerts. Also, visit www.bankofamerica.com.