Lancaster-based Fulton Bank confirmed that it will open its first Washington, D.C., regional office.
Spokeswoman Lacey Dean said the space, at 1 M St. SE, Suite 420, should be occupied in March.
“It will house a variety of corporate team members,” she said in an email, “including commercial relationship managers, health care relationship managers, residential mortgage representatives and our chief legal officer.”
Fulton already has financial centers in Greenbelt, Clinton and Rockville, Maryland, and Herndon and Manassas, Virginia.
Team members are mostly relocating to D.C. from remote sites or will be new hires, Dean said. One or two people are moving from the Gaithersburg, Maryland, regional office to the D.C. office.
Later this year, Fulton will shutter five branches in a variety of markets as part of a consolidation. Two of those locations are in Annville, Lebanon County, and South Easton, Northampton County. After the five close, the bank will continue to operate 204 financial centers (with four more opening in 2023, bringing the total to 208 by the end of the year) as well as online, mobile and phone banking.
Paula Wolf is a freelance writer