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Area Development - Site Selection, Facility Planning and Workforce Development

Bank of America Expands Hunt Valley, Maryland, Operations

03/06/2018
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 by 2020 at its complex in Hunt Valley, Maryland.

According to state officials, 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.

“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.

Bank of America has added space, upgraded interiors, and increased parking at the site. The Maryland Department of Commerce said it 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.

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