Bank of America to add 600 jobs in Hunt Valley

Bank of America Hunt Valley
Bank of America plans to add 600 new jobs at its 377,000-square-foot complex in Hunt Valley.
Photo courtesy of Baltimore County government
Holden Wilen
By Holden Wilen – Reporter, Baltimore Business Journal

The bank is the largest in Greater Baltimore with more than $20 billion in local deposits.

Bank of America Corp. plans to add 600 jobs at its call center in Hunt Valley by 2020.

The hiring spree comes on top of the 300 jobs the Charlotte, North Carolina-based bank added at the two-building complex in 2017. The new jobs — primarily call center and staff support positions — will bring the bank's employee count at the site up to 1,500 over the next two years.

Bank of America (NYSE: BAC) is Greater Baltimore's biggest bank with $20.2 billion in local deposits as of last June, according to the Federal Deposit Insurance Corp.

Sabina Kelly, Greater Maryland market president for Bank of America, told the Business Journal last fall the bank planned to add more jobs at the Hunt Valley complex.

Gov. Larry Hogan lauded Bank of America's decision and said it provides "further proof that Maryland is open for business."

Bank of America owns the 377,000-square-foot complex at 11333 McCormick Road, which is located across the street from Hunt Valley Towne Centre. The bank has added space, upgraded interior, and increased parking at the site. Merrill Lynch, Bank of America's wealth management division, also has offices at the site.

Baltimore County Executive Kevin Kamenetz, a Democratic for governor in this year's election, said Bank of America's expansions underscores the county's attractiveness to companies.

“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,” Kamenetz said.

The announcement also comes as Baltimore County launches its Job Connector program. The $2.5 million initiative aims to help businesses recruit, train and match workers with jobs in high-demand fields such as corporate operations, customer service, health care and logistics/distribution.

Secretary of Commerce Mike Gill said the expansion also demonstrates the state's "commitment to helping to grow our world-class companies that call Maryland home."