maryland

Shore Bancshares to enter new Maryland market with Severn acquisition

03/03/21

The company would gain its first branches around Annapolis after it buys Severn in a deal valued at $146 million.

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CEO of Chessie Federal Credit Union retires

02/09/21

Richard Daugherty stepped down after more than three decades at the Maryland-based institution, including overseeing four mergers and asset growth of nearly 500%.

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Point Breeze begins leadership transition by splitting executive roles

02/02/21

The Maryland-based credit union has promoted Chief Operating Officer Tonia Niedzialkowski to president of the organization with an eye toward eventually naming her CEO.

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Small Baltimore credit unions to join forces

12/24/20

Members of $6.3 million-asset FIAFE Federal Credit Union will vote early next year on whether to merge into $43 million-asset Central Credit Union of Maryland.

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Securityplus closing on Election Day to give workers time to vote

09/17/20

The Baltimore institution said it would close on Nov. 3 with the intention that employees use the paid time off to participate in the democratic process.

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Activist lawsuit a reminder for banks to tread carefully in proxy fights

09/09/20

Driver Management, a bank investor, alleges that First United in Maryland made false claims and improperly lobbied lawmakers to keep its nominees off the board. The bank asserts that it acted properly in response to an attempted hostile takeover.

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Maryland bank's name change reflects M&A aspirations

08/05/20

Delmar Bancorp will lose its regionally associated brand when it becomes Partners Bank.

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Maryland banks plan to merge

06/18/20

Delmarva Bancshares, which was on the brink of failure during the financial crisis, will be sold to BV Financial for $54 million.

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Farmers and Merchants in Maryland to buy neighboring bank

03/06/20

The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks.

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