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Revere Bank in Laurel, Md., has agreed to buy BlueRidge Bank in Frederick, Md.
October 19 -
Hamilton Bancorp in Towson, Md., has agreed to buy Fraternity Community Bancorp in Baltimore for $27 million in cash, or $19.25 a share. The deal is expected to close in the second quarter.
October 13 -
Two of central Maryland's oldest community banks have agreed to merge and reorganize under a new name.
November 20
Arundel Federal Savings Bank in Glen Burnie, Md., has hired a new chief risk officer.
The $467 million-asset mutual thrift appointed Patricia Stetler to the role this week, according to a news release. Stetler previously worked for Susquehanna Bank in the area of risk management,
Stetler also holds certifications from the Institute of Certified Bankers of the American Bankers Association as a certified regulatory compliance manager and from the Association of Anti-Money Laundering Specialists as a certified anti-money laundering specialist.
In her new role, Stetler will oversee developing and implement Arundel Federal's enterprise risk management program.
