News Topic: maryland

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

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

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. ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

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

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

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

The company, which sold the business to a group of former employees, will shut down its operation this quarter. ... Read full article

While the Maryland company claimed it has margins and credit issues under control, it couldn't provide any clarity on rising legal expenses. ... Read full article

Susan Riel succeeded Ronald Paul as CEO of the Maryland bank shortly before questions surfaced about credit quality and lending practices. ... Read full article

Howard Bancorp is planning a big push in CRE lending, first in its hometown of Baltimore and eventually in Washington. ... Read full article

Such credits, which reflect borrowers with financial challenges, increased significantly during the third quarter. ... Read full article

The Maryland company agreed to acquire Rembert Pendleton Jackson, which has $1.3 billion in assets under management. ... Read full article

A second activist investor is pushing the company's board to find a buyer. ... Read full article

The Maryland company says two recent deals, including its agreement to buy Revere Bank, gives it the right amount of coverage across Washington's suburbs. ... Read full article

The company will add nearly a dozen branches in the Maryland suburbs of Washington. ... Read full article