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Univest Announces Locations of Two Regional Financial Centers in Maryland

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Univest Announces Locations of Two Regional Financial Centers in Maryland

 

October 25, 2022 - In conjunction with its previously announced market expansion, Univest Financial Corporation (Univest) has secured locations for two new regional financial centers in Maryland. This comes after announcing Matt Cohen as Market President of Maryland earlier this year. The new regional offices will be located at 10801 Tony Drive in Lutherville and 175 W. Ostend Street in South Baltimore. Expected to open in early 2023, these new locations will initially focus on meeting the lending and banking needs of local businesses and consumers. As Univest continues to build its presence in the market, it will offer its full suite of financial products and services including mortgage lending, wealth management, insurance and equipment leasing.

Univest’s Greenspring Valley Financial Center will be strategically located at the intersection of Falls Road and Greenspring Valley Road. Located on a main commuting line between Baltimore County and City, it will provide easy access for customers and employees. The uniqueness of the building as well as the proximity to Green Spring Station and Johns Hopkins health care facilities supports Univest’s long-term plans of being at the center of the Baltimore County community. 

The South Baltimore Financial Center is located adjacent to the newly invigorated Baltimore Entertainment District. Located off Interstate 95, this location provides convenient accessibility and free parking – unmatched convenience in the city of Baltimore. Signage along 395 and on the building at the entryway to Federal Hill will allow Univest significant branding opportunities as it embraces its commitment to serving the City of Baltimore and the surrounding markets.

“As we expand Univest’s presence to the Maryland market, these locations will offer our customers and employees convenient and unique places to conduct business,” said Matt Cohen, Market President, Maryland. “Staying true to Univest’s entrepreneurial spirit, we are now focused on building a strong team committed to forming collaborative relationships aimed at helping local businesses grow.”

Founded in Montgomery County, Pennsylvania in 1876, Univest has been expanding into new markets over the last seven years. In 2015, Univest expanded into Philadelphia and then headed west into Lancaster County in 2016. It has since continued its expansion into Central Pennsylvania with regional financial centers in Cumberland, Berks and York counties.  

“The opening of these two regional offices demonstrates our commitment to serving Baltimore and the surrounding region,” said Michael Keim, president of Univest Bank and Trust Co. “We are excited to bring Univest’s relationship-focused approach and commitment to the local communities as we use our 146 years of experience to serve businesses, consumers and nonprofit organizations with our comprehensive financial solutions.”

 

About Univest Financial Corporation

Univest Financial Corporation (NASDAQ: UVSP), including its wholly owned subsidiary Univest Bank and Trust Co., Member FDIC, has approximately $6.7 billion in assets and $4.1 billion in assets under management and supervision through its Wealth Management lines of business at June 30, 2022. Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations primarily in the Mid-Atlantic Region. Univest delivers these services through a network of more than 50 offices and online at www.univest.net.


Univest Bank and Trust Co. is Member FDIC,  Equal Housing, Opportunity and SBA Preferred Lender.

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