Bank of America ( BAC) said on May 24 that it has hired more than 75 small business bankers in the Mid-Atlantic states.
The hiring took place in Baltimore, Washington, D.C., Philadelphia and southern New Jersey. The hirings are part of Bank of America's plan to hire more than 1,000 new small business bankers across the country. The Baltimore-Washington, D.C. area was among the first three markets to begin hiring, along with Dallas and the greater Los Angeles area, the company said in a press release. Bank of America said it has extended $18 billion of credit to small businesses in 2010, up from $16.5 billion in 2009.