Chase recently hired three bankers to serve Boston area businesses with annual revenues of up to $250 million.

The new hires will join a team of 13 other professionals in downtown Boston who provide financial services to mid-sized businesses, corporations, municipalities, nonprofits and healthcare institutions throughout the New England area, according to a statement.

"The New England area is an important market for Chase and we recruited talented bankers to help us serve more businesses and institutions here," said Scott Geller, head of Chase middle market banking in the Northeast. "They know the local market and will help clients manage their cash flow, their receivables, their international ambitions and their employee programs."

Kathy Mahoney, one of the new hires, has 27 years of experience and is a core middle market banker serving companies across a variety of industries, including services, manufacturing and technology companies, according to a statement.

Kevin Sullivan joins Chase as lead banker for government agencies. He previously worked for Sovereign Bank as director of government banking.

Jeffrey Castillo, a Chase employee for six years, is moving to the market to focus on nonprofit institutions, especially in higher education, according to a statement. He was most recently serving government, nonprofit and healthcare clients in New York.