Baltimore - Hamilton Federal Bank, a 96-year-old Baltimore-area community bank, announced today the relocation of its headquarters to Towson, Md., a move that is supporting the bank’s 30 percent employee growth rate over the past two years, as well as the opening of a fifth branch in Pasadena, Md., and the recent addition of retail and small business banking services.

“As Hamilton Federal Bank gets closer to celebrating our centennial year, we are growing and transforming while other financial institutions are recovering,” said Bob DeAlmeida, president and CEO of Hamilton Federal Bank. “Since our inception in 1915, we have utilized sound decision-making to create a stable, trusting, and caring environment for our customers and our employees. We have earned a solid reputation in the communities we serve, and we look forward to gaining an equal position among the business community as we expand our offerings to the retail and commercial sides.”
Dawn Cummings, previously a business banker with Wachovia Bank, is overseeing Hamilton Federal Bank’s entrée into retail and small business banking. As vice president of business banking, Cummings handles small business banking and lending for clients with revenues between $1MM and $20MM.

Currently headquartered in the Hamilton neighborhood of Baltimore City, Hamilton Federal Bank employs more than 50 people across five branches – 23 of whom will move to the new Towson headquarters at 501 Fairmount Avenue on July 11. The bank’s branches in Towson and Hamilton will remain in full service.

DeAlmeida commented, "We think very fondly of the Hamilton community, and I want to thank them for 96-years of dedication to our branch on Harford Road. Although we are moving our headquarters to Towson, our Hamilton branch will remain fully operational and we will uphold our valued relationships with the individuals and families there, who have become part of our extended family.”

Hamilton Federal Bank will move its executive, commercial and retail, accounting and operations offices, and commercial and residential lending departments to the second floor of the four-story energy efficient building at 501 Fairmount Avenue.