Old Line in Maryland Announces CFO's Retirement

Old Line Bancshares (OLBK) in Olney, Md., is looking for a new chief financial officer.

Christine Rush announced plans to retire as the $855 million-asset company's CFO on May 10, Old Line disclosed in a Friday filing with the Securities and Exchange Commission. Rush has been with Old Line since 1998. The company did not name her successor.

On Tuesday, Old Line disclosed that it had received regulatory approval for its acquisition of WSB Holdings in Bowie, Md., the parent company of $357 million-asset Washington Savings Bank. Old Line agreed in September to pay $49 million for WSB in a deal that it expects to complete by June 30.

Rush said that her decision to retire is independent of the merger and that she is "pleased to have worked with such a great team here at Old Line."

The news was first reported in the Washington Business Journal.