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January 30, 2012

New Small Biz Bankers For Bank Of America

Bank of America is working to woo small businesses, hiring 51 new small business bankers in New England, including 32 in Massachusetts.

The move is part of a plan to hire more than 1,000 small business bankers nationwide by the middle of 2012.

The bank said the new hires will ensure that small businesses can work with a bank employee who understands their specific needs in working on deposit, credit, payroll and cash management.

Of the new hires in Massachusetts, 19 will be located outside Greater Boston.

The bank said there are 138,846 employers with fewer than 500 employees in Massachusetts, and they account for almost half of private-sector jobs in the state.

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