Maryland Banker 3Q 2014

THIRD QUARTER 2014

MBA’S COUNCIL OF PROFESSIONAL WOMEN IN BANKING AND FINANCE COLLECTS 63,270 PAIRS OF USED SHOES TO HELP SOLES4SOULS FIGHT POVERTY – THE LARGEST ASSOCIATION EFFORT IN SOLES4SOULS HISTORY!

THE OFFICIAL PUBLICATION OF THE MARYLAND BANKERS ASSOCIATION

Truth is...

you can learn a lot from your customers.

Tap into the power of daily, in-depth client data to improve your service and boost your bottom line.

DataPak, exclusively from Cetera Financial Institutions, gives you control over an unmatched breadth of client data whenever you need it. Pull data directly into your current systems and use it to give your clients better insight into their finances. Measure the success of your program and uncover opportunities to deliver enhanced solutions for clients.

Benefit from this leading technology, along with access to our award-winning wealth management solutions, all backed with the scale and resources from our parent company, Cetera Financial Group. It’s the competitive advantage that your program needs.

Explore the possibilities at www.ceterafinancialinstitutions.com or contact Sean Casey at 1.800.245.0467, ext. 65014.

Cetera Financial Institutions is a marketing name of Cetera Investment Services LLC, member FINRA/SIPC. 400 First Street South · St. Cloud, MN 56301

© 2014 Cetera Investment Services LLC 02/14

CHAIRMAN John A. Scaldara, Jr. Chairman and CEO The Columbia Bank

THIRD QUARTER 2014

MBA’S COUNCIL OF PROFESSIONAL WOMEN IN BANKING AND FINANCE COLLECTS 63,270 PAIRS OF USED SHOES TO HELP SOLES4SOULS FIGHT POVERTY,THE LARGEST ASSOCIATION EFFORT IN SOLES4SOULS HISTORY!

CHAIRMAN-ELECT Daniel J. Schrider President and CEO Sandy Spring Bank VICE CHAIRMAN George D. Swygert, Jr. Regional Executive Capital One, N.A.

Contents

THE OFFICIAL PUBLICATION OF THE MARYLAND BANKERS ASSOCIATION

PAST CHAIRMAN Robert A. DeAlmeida President and CEO Hamilton Bank

186 Duke of Gloucester St. Annapolis, MD 21401 410-269-5977 / 800-327-5977 www.mdbankers.com

President & CEO Kathleen M. Murphy

Maryland Bankers Association

Publication Editor Cynthia L. Gentilcore Maryland Bankers Association

Board of Directors Judy Balloff Director, Enterprise Client Coverage, Bank of America

14

Calvin E. Barker, Jr. Regional President-Baltimore Metro Region, BB&T George J. Behr, Jr. President and CEO, Arundel Federal Savings Bank Andrew M. Bertamini Regional President, Maryland Market, Wells Fargo Bank, N.A. James R. Bosley, Jr. President and CEO, Farmers & Merchants Bank Kenneth C. Cook President and Vice Chairman of the Board, Revere Bank Ralph W. Emerson, Jr. Senior Vice President, M&T Bank Raymond W. Hamm, Jr. Market Executive Greater Maryland, Executive Vice President, PNC Bank, N.A. Michael E. Hough CEO of Maryland Division, Susquehanna Bank Kim Liddell Chairman, President & CEO, The National Bank of Cambridge Michael G. Livingston President and CEO, The Bank of Glen Burnie Carissa L. Rodeheaver President and CFO, First United Bank & Trust Raymond M. Thompson President and CEO, Calvin B. Taylor Banking Company J. Scott Wilfong Chairman, President and CEO, SunTrust, Greater Washington/ Maryland, SunTrust Bank

PUBLISHED BY

THE WARREN GROUP Creative / Production / Advertising www.thewarrengroup.com custompubs@thewarrengroup.com

Message from the Immediate Past Chairman We’ve Invested in Our Future 4 Message from the Chairman We are Each Other’s Resource

5

Data Analytics Managing Risk, Not Just Costs

6

message from the president June and New Beginnings

7

315 Attend Second Annual Conference of the Council of Professional Women in Banking and Finance

8

Annual Achievement Awards

10

Philanthropy Initiative Meets Astonishing Success

12

Annual Convention

14

8

12

DEPARTMENTS: news and notes 19

280 Summer Street, Boston, MA 02210 Phone: 617-428-5100

Fax: 617-428-5118 www.thewarrengroup.com

©2014 The Warren Group Inc. All rights reserved. The Warren Group is a trademark of The Warren Group Inc. No part of this publication may be reproduced in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission from the publisher. Advertising, editorial and production inquiries should be directed to: The Warren Group, 280 Summer Street, Boston, MA 02210. Call 800-356-8805.

professional development calendar 22

20 Third Quarter 2014 | 3

Message from the Immediate Past Chairman ROBERT A. DEALMEIDA | MBA IMMEDIATE PAST CHAIRMAN

PRESIDENT & CEO

HAMILTON BANK

We’ve Invested in Our Future

T

he Maryland Bankers Association is made up of countless volunteers who dedicate their time, talents and money to help all of us thrive. It does not matter if your bank is large or small – we all serve our neighborhoods in the state of Maryland. It is our collaboration, along with working together as one voice through the Maryland Bankers Association, which makes us a powerful force.

This past year has been a year of many achievements and accomplishments; I am so very proud of these results in my year as MBA Chairman. Join me in reflecting on what we have achieved together: Strengthened member equity. The initiation of the MBA Benefits Alliance offers banks a program to achieve economies of scale and control health care costs. Two banks signed up this year and we expect more in the future.

The Second Annual Conference of the Council of Professional Women in Banking and Finance, held on May 1, again exceeded expectations and grew in attendance over last year by 50 percent.

The outreach and educational opportunities such as the CFO Conference, BankNext, the many compliance training seminars, the Maryland Banking School and the huge success each year of the “First Friday” event, are providing services to meet your needs.

In addition, each month associate members join the MBA who add value through their annual dues and provide member banks with benefits.

Member engagement. Communication is key to keeping Maryland’s 40,000 banking employees current and up-todate. This past year the MBA’s website was updated. Weekly emails and calls to action were issued when needed to help

with legislative issues keep members informed. This quarterly magazine provides insight and highlights community outreach by our members. And “Inside the Circle” calls and our Regional Meetings are just two ways we engage and inform face-to-face.

The MBA will soon form a committee to examine enhancing social media communication through Facebook, LinkedIn, Twitter and Google Plus, to keep the MBA timely and relevant.

Protected and promoted banks’ investment in Maryland as the industry’s tireless advocate at the local, state and federal levels of government. In the last two General Assembly sessions, the association has had a kill rate of 100 percent of bills that would have caused great harm to the industry. We also enjoyed great success in initiating bills and getting them passed during that time. I thank the members who contributed to the PAC fund this year and ask those of you who have not to please do so.

There were a few interesting challenges and humorous events along the way in my year of serving. I may be the only MBA chairman to have been in a lock-down with a congressman on our yearly trip to Washington in October. A disturbance on the Capitol grounds caused campus police to order everyone in the building to stay put. My group happened to be with Congressman Andy Harris (R-District 7) at the time.

When his wife called to confirm that he was OK, he told her he was not sure as he was locked in with a group of bankers. He then reiterated his support of our initiatives.

I am honored to have served you. What an awe-inspiring adventure it has been for me.

■ Robert A. DeAlmeida is the immediate past chairman of the Maryland Bankers Association. Reach him at rdealmeida@hamilton-bank.com.

Maryland BankPAC For more details on how your bank can become involved in Maryland BankPAC, contact Maryland BankPAC Treasurer Lynn Mitchell at 443-837-1603 or lmitchell@mdbankers.com.

4 | The Maryland Banker

Message from the Chairman JOHN A. SCALDARA, JR. | MBA CHAIRMAN

CHAIRMAN & CEO

THE COLUMBIA BANK

We are Each Other’s Resource

T

he power of a trade association comes from the collective strength of its members. Just as two bank leaders came together in 1896 when the Maryland Bankers Association (MBA) was created, banks of all sizes and all charter types are today’s Maryland Bankers Association, working together to make the industry stronger and more successful.

We support one another, serving as each other’s resource on those non-competitive issues that impact us all – regulatory challenges; public policy challenge; cost challenges. And we have opportunities as well – bulk-buying arrangements, educational resources, positive media and public relations.

The theme for the 2014-2015 Maryland Bankers Association year, “We are Each Other’s Resource,” will be carried out through the initiatives summarized below: Relationship-building with legislators. On the heels of the 2014 elections, a more than 25 percent rate of turnover is expected in the General Assembly, as well as new committee leadership and composition. Building relationships with new and returning Maryland public policymakers will be a key priority.

As members of the MBA, we need to educate policymakers on the role of the Maryland banking industry, and the unique fabric of our member banks. We must protect our members’ investment in Maryland through meaningful and impactful results in the Maryland General Assembly, with federal policymakers and wherever policy risks impact Maryland’s banks. MBA members must stay informed of industry developments and MBA priorities to communicate effectively with policymakers and the public.

We must achieve the Maryland BankPAC goal of raising $250,000 in a four-year cycle (2011–2014) through broader member involvement recognized through the “Banker$Count” program.

Determine how the industry’s and MBA’s collective resources can be leveraged to help banks build their risk management infrastructure and systems, a top regulatory and operational priority. Risk management today is top of mind for bankers in institutions of all sizes. It has begun to revolutionize the way banks operate. The risk responsibility is shared throughout the enterprise.

And regulatory expectations have increased.

According to a recent article in American Banker magazine, “Over the last year, the regulatory community has significantly increased their knowledge base and expectations around Enterprise Risk Management

programs across the banking sector, including midsized and community banks. The days of the Annual Risk Assessment – which, once completed, was put away and then revisited on its next birthday – is no longer considered sufficient risk management, and rightfully so.”

We will convene risk management professionals and CEOs to determine how new and existing Association resources can be leveraged to help one another address this top regulatory and operational priority.

Strengthen member involvement and achieve financial results through new and innovative programs and services. This initiative encompasses: Increasing bank participation in MBA Benefits Alliance (MBABA), which offers a self-funding health insurance program for MBA members across the state, allowing for greater cost control, while providing flexibility, support and service.

Building on the momentum of the Second Annual Conference of the Council of Professional Women in Banking and Finance, the Council’s networking infrastructure will continue to serve as a resource to help women achieve their personal and professional goals.

Improving the MBA’s sales and marketing focus to increase member awareness of and engagement in professional development and member services benefits offered.

Engage in a strategic thought process about consumer financial education. Determine if we, the Maryland banking industry, can do something together that is more impactful than each institutions’ individual efforts. After all, the more educated consumers are about personal finance, the more successful we can all be.

Address priority issues in each of MBA’s mission areas. As is always the case, the MBA’s leadership will be looking strategically at how to move the Association and industry forward in a rapidly changing environment and will do so later this year through a board retreat.

I have a saying hanging on my wall in my office; “The speed of the leader determines the rate of the pack” – it is relevant for us and for the MBA as it reminds us that tapping into the leadership perspectives and experiences of all of us will drive every organization AND the Maryland Bankers Association to new levels of success. I am honored to serve as the Association’s 118th Chairman.

■ John Scaldara is the chairman of the Maryland Bankers Association. Reach him at jscaldara@thecolumbiabank.com.

Third Quarter 2014 | 5

Data Analytics Managing Risk, Not Just Costs

W

e all realize how important it is that each member bank of the Maryland Bankers Association (MBA) knows the rules and regulations under the Patient

Protection and Affordable Care Act (PPACA), but discovering what is actually driving your health care costs will have a much greater impact on the success of your health care plan in the long run.

Groups of all sizes are moving towards self-insured programs, which introduce new risk management opportunities. A new and innovative way to help control long-term health care costs is using data analytics. The use of data analytics identifies claims cost drivers, and enables you to make adjustments moving forward. The data helps to implement programs that will enhance the ability to predict or prevent future negative outcomes: • Health risk assessments • Annual vision screenings • Annual health screenings • Medical and prescription claims data MBA Benefits Alliance and L.R. Webber Associates Inc.’s Data Smart Solutions program brings Fortune 500 levels consulting and analytics to MBA members. This is just one of several new and innovative programs that members have available to them through MBA Benefits Alliance. MBA Benefits Alliance offers the opportunity to be at the forefront of the latest and most innovative health care cost control system. By using data analytics, member banks can improve care and prevent further expensive health problems, as well as reduce and control longterm health costs for the organization and its employees.

MBA member banks interested in learning more about MBA Benefits Alliance should contact MBA’s Cindy Gentilcore at (443) 837-1602 or cgentilcore@mdbankers.com, or LRW’s Craig Diienno at (410) 960-5399 or cdiienno@lrwebber.com.

6 | The Maryland Banker

■

Message from the President KATHLEEN M. MURPHY | PRESIDENT & CEO

MARYLAND BANKERS ASSOCIATION

June and New Beginnings

J

ust as spring transitions to summer, June welcomes in new beginnings for the Maryland Bankers Association (MBA) and for our state.

For 118 years, leaders of Maryland’s banking industry have been elected by their peers to lead the MBA. So was the case once again this month. At our recent annual meeting, we celebrated a terrific year with Bob DeAlmeida at the helm of the MBA. He writes in his column of what has been accomplished during his 12-month tenure that seemed to fly by.

When I think of a word that captures Bob, I think of “connections.” The people that he knows and the connections he makes with them are integral to his success and to that of his bank. Those connections served the MBA as well, through his industry involvement and through those he works with in his market, in the nonprofit community, with the media – and the list goes on. Bob’s positive, approachable style makes him particularly effective with policy-makers, relationships we have called upon throughout his leadership.

Bob handed the gavel over to John Scaldara this month, who became the 118th Chairman of the MBA. I’ve had the good fortune of working with John for many years in a variety of capacities, when he served as the Maryland representative on the American Bankers Association’s Government Relations Council, as chair of MBA’s Financial Education Council, chair of MBA’s Government Relations Council and chair of Maryland BankPAC. John sees the power of collaboration and wants to put the industry’s collective energies together to make an even greater impact, within the MBA and member banks as well as in the community.

Bob and John epitomize the creative leadership of individuals who serve as members of the MBA’s board of

directors. Through their contributions, we are making Maryland banks stronger and more successful.

Historic transitions are also underway in our state. The June 24 primary sets the stage for the 2014 elections in November. Getting to know the “new” General Assembly and the “new” state-wide leaders will take all of us. All politics are local. The MBA speaks for the entire Maryland banking

The MBA speaks for the entire banking industry in Annapolis and on Capitol Hill and presents a strong and unified message. industry in Annapolis and on Capitol Hill and presents a strong and unified message. However, our work can never be a substitute for the local connections that bankers in Maryland make every day in your communities. This election year reminds us all of the importance of keeping our elected officials informed, serving as a resource for them as they strive to know their districts, companies like yours that provide jobs, bankers who provide thought leadership and volunteer countless hours to community organizations.

We will be looking for your help as we strengthen the relationships with those we know and develop new relationships with those new to politics. New beginnings provide new perspectives and new opportunities. Together, we will build on the impact we have been making for our members and for our state.

■ It’s my honor to serve this great industry. Please contact me at any time to discuss issues of importance to you at kmurphy@mdbankers.com or 443-837-1601.

Third Quarter 2014 | 7

315 Attend Second Annual Conference of the Council

of Professional Women in Banking and Finance Where Professional Women ‘Connect, Learn, Empower and Succeed’

What an amazing year it has been since last year’s inaugural annual conference!

Within a year’s time, this program has generated more excitement and enthusiasm, and has grown even stronger, bringing more opportunities to encourage, empower and inspire women leaders, personally and professionally.

On May 1, 2014, the Second Annual Conference of the Council of Professional Women in Banking and Finance was held at the Hilton BWI Hotel in Linthicum.

With an attendance increase of 50 percent this year – 315 participants, up from 200 in our inaugural year last year – many are saying this is now a “must-attend event,” and are even inviting their business customers who lead women-owned businesses to attend!

The conference provided opportunities for both personal and professional development through educational sessions hosted by top-rated speakers. The feedback we have received was that this event was an “incredible and inspirational event” that “far exceeded expectations” for individuals to connect, learn and empower one another to reach GOLD – Growth, Opportunity, Leadership and Development.

The Council’s Advisory Board (see list, facing page) was very busy this year building on the momentum from last year’s inaugural conference. MBA commends them for their dedication.

A special thank-you to the second Annual Conference Sponsors, who have embraced the mission of the Council of Professional Women in Banking and Finance (see sidebar, facing page).

■ 8 | The Maryland Banker

Carissa Rodeheaver, chair of the Council of Professional Women in Banking and Finance Advisory Board, and president and chief financial officer of First United Bank and Trust.

Buddy Teaster, CEO of Soles4Souls.

The Council of Professional Women in Banking and Finance Advisory Board Chair Carissa Rodeheaver President & Chief Financial Officer First United Bank & Trust

Michael Middleton * Chairman and CEO Community Bank of the Chesapeake * Ex Officio

Vice Chair Karen Stiltner Vice President, Relationship Manager M&T Bank

Michele Moore Area President, Senior Vice President Wells Fargo Bank, N.A.

Mary Jo Anderson Senior Vice President & Program Manager Bank of America Mary Barry Business Development Officer Frederick County Bank

Dushanti Peiris Vice President Sandy Spring Bank Denise Pope Senior Vice President, Retail Banking WashingtonFirst Bank Sally Proto District Manager Capital One, N.A.

Robert DeAlmeida MBA Immediate Past Chairman President & CEO Hamilton Bank Christy Lombardi Senior Vice President & Director of Human Resources Community Bank of the Chesapeake Irvina Mallory Senior Vice President, Private Banking Officer The Harbor Bank of Maryland

Jennifer Rice Assistant Vice President, Loan Operations Manager Woodsboro Bank Gail Smith Executive Vice President & Chief Operating Officer Chesapeake Bank of Maryland

SECOND ANNUAL CONFERENCE SPONSORS GENERAL SESSION SPONSOR Wells Fargo Bank, N.A. DIAMOND SPONSOR Capital One Bank PLATINUM SPONSORS M&T Bank Thomas Compliance Associates, Inc. GOLD SPONSORS Bank of America Bank of Georgetown BDO USA, LLP Community Bank of the Chesapeake Federal Home Loan Bank of Atlanta First United Bank & Trust Peroutka & Peroutka, P.A. Sandy Spring Bank Yount, Hyde & Barbour, P.C. POWER HOUR SPONSOR BancAlliance OPENING RECEPTION SPONSORS Frederick County Bank Woodsboro Bank Third Quarter 2014 | 9

The Annual Conference of the Council of Professional Women in Banking and Finance

is held the first Thursday of every May, so mark your calendar for the Third Annual Conference, to be held on Thursday, May 7, 2015. And look for networking opportunities throughout the year.

Annual

Achievement Awards

The Council of Professional Women in Banking and Finance launched two initiatives this year. The first was the Achievement Awards program, which was expanded on this year, to recognize the outstanding achievements of remarkable individuals who have demonstrated leadership, professionalism and community service in the banking and finance industry. The Achievement Awards stand for qualities that the Council of Professional Women in Banking and Finance embodies, including leadership excellence, innovative thinking and qualities of a role model and mentor to others.

Last year, we announced the Achievement Awards program by naming the first recipient of the Council of Professional Women in Banking and Finance Lifetime Achievement Award.

10 | The Maryland Banker

If you are interested in learning more about the Council of Professional Women in Banking and Finance and/or securing sponsorship opportunities now for next year’s conference, contact MBA’s Cindy Gentilcore at cgentilcore@mdbankers.com or (443) 837-1602.

This year we introduced two additional award categories: Achievement Award: This award celebrates a woman who has achieved success within a senior role or executive role, who has excelled in her professional field in banking and/or finance, and who has also shown an ability to use her skills outside of her own career by her service within the community.

Champion for Women Award: This award recognizes an individual, regardless of gender, in a senior or executive position who, through personal commitment, continuously promotes and inspires women in the workplace to reach their full potential.

Congratulations to Lisa Monthley and Andrew Bertamini, this year’s recipients, whose awards were presented at the Second Annual Conference. See their stories at right.

■

2014 Achievement Award

2014 Champion for Women Award

Lisa A. Monthley Senior Vice President and Chief Deposit Officer New Windsor State Bank

Andrew M. Bertamini Regional President, Maryland Region Wells Fargo Bank, N.A.

Lisa’s career spans more than 28 years in the banking industry. She started her career in 1986 as a loan servicing clerk at what was then Carroll County Bank and Trust in Westminster, then rose quickly through the ranks to become a loan processor, indirect lending officer and commercial loan coordinator, then moving to assistant branch manager for the Hampstead and Finksburg branches culminating in achieving branch manager status in 1998 for the Finksburg branch of BB&T, purchaser of Carroll County Bank and Trust.

In 2000, she joined New Windsor State Bank as the manager of the first branch in Westminster.

In 2005, she was promoted to senior vice president and put in charge of all the bank’s branches and branch administration. She now holds the title of chief deposit officer for the bank and is part of the bank’s executive management team. She is a 2000 graduate of Maryland Banking School.

Monthley has shown her leadership capabilities not only in managing the activities of nearly 30 people, but also leadership within the community. Her outstanding achievement has been creating and growing the bank’s youth educational programs, which has culminated in winning 10 consecutive MBA Financial Education Awards for the bank’s elementary school financial education program, something no other bank has achieved.

She has also served on the many boards and committees, and volunteered for programs outside of the bank over the years, including: Carroll County Chamber of Commerce Business Fair/Expo Committee; Westminster Rotary Club; Junior Achievement; Community Education School Banking Program; Teach Kids to Save Day Life Skills Coordinator; Academy of Finance Advisory Board/ Advisory Council Member; Maryland Bankers Association Financial Education Council; and Maryland Banking School Board of Trustees.

■

Andy’s career began as a teller with Union Trust Bank (now Wells Fargo), and on June 14 he celebrated 40 years in banking in Maryland. He was nominated on behalf of the women in the organization, as well as women from civic organizations, who said: “Andy is deeply invested in continuously developing, promoting and recognizing women in the workplace to reach their full potential. Working with him means working in an environment where your skills and talents are recognized and supported.”

“He has served as a mentor to many women, who come from different backgrounds across the spectrum – single parents, married parents, single women, married women without children – and he has created a culture where all of our strengths are able to shine. As women who often have to balance competing priorities, we can respect the challenge in this. This is an everyday part of being a leader for Andy.”

“His passion and selflessness in ensuring that women are honored and valued in the workplace is clearly evident.

He has recognized and nominated women for awards in banking, leadership and philanthropy, including the Maryland Bankers Association’s Next Leaders in Banking; The Daily Record’s Maryland Top 100 Women; Leading Women; VIP List Successful by 40; the Girl Scouts’ Distinguished Women Award; and many, many others.

These awards are as much a positive reflection on his mentoring and support as they are of the hard work and commitment of these women he has recognized and nominated.”

His civic involvements are numerous, and he currently serves as a board member to: FL Templeton Preparatory Academy; Reginald F. Lewis Museum; Downtown Partnership; Greater Baltimore Committee; Healthy Neighborhoods, Inc.; Maryland Council on Economic Education; Maryland Bankers Association; Baltimore Workforce Investment; and Journey Home.

■ Third Quarter 2014 | 11

Philanthropy Initiative

Meets Astonishing Success

The second initiative was the Council of Professional Women in Banking and Finance’s 2014 Philanthropy Initiative, a statewide used shoe drive, in partnership with Soles4Souls, with the goal of collecting 25,000 pairs of used shoes.

This second annual conference theme focused on the many ways a woman walks in her shoes – leading, nurturing and inspiring others – which is how the philanthropy initiative came about. The Council’s philanthropy mission is: Giving back to the Maryland community through leadership and inspiration.

Nearly 330 participating bank branches and offices, representing 34 organizations, pledged a total of 18,295 pairs of used shoes (a best guess/estimate of the number of shoes they would

collect). When the initiative concluded in May, the total was phenomenal: Maryland bankers collected a total of 63,270 pairs of used shoes! Soles4Souls confirmed that our used shoe drive was the largest participation of any association drive in Soles4Souls’ history!

“We are extremely proud of the commitment and dedication demonstrated by our member banks and organizations through the philanthropy initiative,” said MBA President and CEO Kathleen Murphy. “We would like to thank and congratulate all who participated in the Used Shoe Drive and contributed to the fulfillment of our ever-important mission of giving back to Maryland and our global community.”

Congratulations to the participating

banks and organizations for their truly amazing work; we are very proud of what they accomplished (see below).As a result of the shoe drive’s astounding success, a random drawing of all participating banks and organizations was held at the Second Annual Conference on behalf of Soles4Souls, offering three banks the opportunity to travel to Haiti with Soles4Souls representatives to distribute shoes. Individuals representing First United Bank & Trust, Queenstown Bank of Maryland, and WashingtonFirst Bank will make the mission trip later this year.

Additionally, Soles4Souls will be sending 1,000 pairs of new shoes (Skechers clogs), to be distributed to a nonprofit organization in Maryland this summer.

■

USED SHOE DRIVE PARTICIPATING BANKS AND ORGANIZATIONS Bay-Vanguard Federal Savings Bank

Easton Bank & Trust

Calvin B. Taylor Banking Company Capital One Bank Chesapeake Bank of Maryland

Fairmount Bank

Homewood Federal Savings Bank

Queenstown Bank of Maryland

Farmers & Merchants Bank

Howard Bank

Sandy Spring Bank

Federal Reserve Bank of RichmondBaltimore Branch

M&T Bank

Slavie Federal Savings Bank

Madison Square Federal Savings Bank

The Bank of Glen Burnie The Harbor Bank of Maryland

The Columbia Bank

Cliber Compliance LLC

First United Bank & Trust

Maryland Bankers Association

Community Bank of the Chesapeake

Frederick County Bank

Middletown Valley Bank

Hamilton Bank

North Arundel Savings Bank

The National Bank of Cambridge

Harford Bank

Old Line Bank

WashingtonFirst Bank

Congressional Bank EagleBank

12 | The Maryland Banker

First Shore Federal

Wells Fargo Bank

About Soles4Souls

Founded in 2006, Soles4Souls, Inc. advances the fight against global poverty through social enterprise – a term describing charities that use proven business practices to create positive social change. Each year, Soles4Souls collects millions of used and new shoes from volunteer shoe drives, civic groups, churches and schools, small businesses and big-brand companies. Most reusable shoes are distributed to support micro-enterprise programs, creating and sustaining desperately needed jobs in Haiti and other poor nations.

The resulting revenue that Soles4Souls earns then helps fund free distribution of new shoes and clothing throughout the U.S. and overseas. In the last fiscal year alone, Soles4Souls distributed almost two million pairs of used shoes and 1.9 million pairs of new shoes in North and Central America, Africa and the Caribbean. Soles4Souls is proud to hold a four-star rating for meeting the highest standards of governance and ethics from watchdog organization Charity Navigator. To learn how you can support Soles4Souls in fighting poverty and human suffering around the world, please visit www.soles4souls.org or call (615) 391-5723. â–

Third Quarter 2014 | 13

118Annual th

Convention

Reaching Beyond Boundaries Nemacolin Woodlands Resort, Farmington, Pennsylvania

ie and Livingston (The Bank of Glen Burn Karen and Ed Connelly with Mike rman George Swygert Chai Vice MBA and ins, Jenk Convention Chairman), Lori (Capital One).

Bill and Laurie Grant (First Unite d Bank and Trust) and Bill and Cind y Loving (Independent Community Bankers of America).

Bob and Diane Altieri (Howard Bank).

14 | The Maryland Banker

June 1-4, 2014

munity cAlliance), Mike Middleton (Com Wayne Gore and Floyd Stoner (Ban Atlanta), of Bank Loan e Hom ral (Fede ush Bank of the Chesapeake), Eric Winb n). ciatio Asso Bankers and Kathleen Murphy (Maryland

Len and Pam Beidle (Arundel Fede ral Savings Bank), Mary Beth and Steve Halpern (Rowles and Co.) and Van Mitchell (County First Bank).

mbia Bank).

John and Mel Scaldara (The Colu

When bankers and bank directors from across Maryland convened for the Maryland Bankers Association’s 118th Annual Convention, they embraced the theme of “Reaching Beyond Boundaries” as they looked for opportunities to strengthen their organizations and meet the needs of their clients today and into the future. Attendance increased 17 percent over last year, bolstered by more banks and bank directors in attendance and exceptional support from convention sponsors and speakers.

Debby Davis (CSI), Rick Hook (Mar yland Financial Bank), Tom Trice (TGM Group), and Brian Gaeng (BlueRidg e Bank).

“The Voices of Bankin g and Financial Servic es – A Discussion of Policy Issues,” a panel Key discussion featuring (L to R): Kathleen M. Mur president and CEO, Mar phy, yland Bankers Associ atio n; Gary D. Hemmer, treasurer, American Ban kers Association, and president and CEO, Firs National Bank of Waterl t oo, Waterloo, Illinois; William A. Loving, imm past chair, Independe ediate nt Community Banker s of America, and pre and CEO, Pendleton Com sident munity Bank, Franklin, West Virginia; and Bob DeAlmeida, MBA imm ediate past chairman, and president and CEO Hamilton Bank. ,

The Association’s Annual Meeting took place on June 3, 2014, at the convention, as Bob DeAlmeida, president and CEO, Hamilton Bank, passed the chairman’s gavel to John A. Scaldara, Jr., chairman and CEO, The Columbia Bank; and former Vice Chairman Daniel J. Schrider, president and CEO, Sandy Spring Bank, became chairman-elect. Also elected to the board’s Executive Committee as vice chairman was George D. Swygert, Jr., regional executive, Capital One, N.A. ■

The gang from Queens

town Bank along with

Karen Stiltner (M&T Ban

k).

(L to R) Speaker Cade Courtley, former Navy SEAL, preeminent Am survivalist and author erican ; and John Scaldara, MBA chairman, and cha CEO, The Columbia Ban irman and k.

Save the Date

119TH ANNUAL CONVENTION MAY 31 – JUNE 3, 2015 THE GREENBRIER WHITE SULPHUR SPRINGS, WEST VIRGINIA Third Quarter 2014 | 15

dy Spring Bank).

Steve and Dianne Proctor (Old Line

Phil Mantua and Lou Caceres (San

Wayne Alter and Don Hoffman (Susquehanna Bank).

Bank).

Steve Peroutka bowling with bankers (Peroutka & Peroutka, PA).

A Special T hank-You to our 2014 Convention Sponsors A.G. Newcomb and Co.

Federal Home Loan Bank of Atlanta

Ober|Kaler, Attorneys At Law

Alliance Partners

First United Bank and Trust

Pentegra Retirement Services

Ambassador Financial Group

FIS Global

Peroutka and Peroutka, PA

APPI Energy

Fiserv

PNC Bank, N.A.

Arundel Federal Savings Bank

FSI-Financial Services, Inc

Promontory Interfinancial Network

Atlantic Community Bankers Bank

FTN Financial Capital Markets

Rowles and Company, LLP

Banc Consulting Partners

Gordon Feinblatt, LLC

Sandler O’Neill and Partners

Bank of America

Griffin Financial Group

Sandy Spring Bank

BenefitMall

Hamilton Bank

Severn Savings Bank

BFS Group

Harford Bank

Stegman and Company

ChaseCompGroup

Hofmeister, Breza and Leavers

Strategas Research Partners

Chesapeake Bank of Maryland

Howard Bank

SunTrust Robinson Humphrey

Community Bank of the Chesapeake

Independent Community Bankers of America

Susquehanna Bank

Community Bankers’ Bank CSI Regulatory Compliance Division Diebold, Inc. Dixon Hughes Goodman LLP Equias Alliance, LLC EverFi, Inc. Farmers and Merchants Bank

16 | The Maryland Banker

Keefe, Bruyette and Woods, A Stifel Company Kilpatrick Townsend and Stockton L.R. Webber Associates, Inc. M&T Bank Maryland Financial Bank New Windsor State Bank

The Bank of Glen Burnie The Columbia Bank The Kafafian Group Thomas Compliance Associates, Inc. Travelers Yount, Hyde and Barbour Zurich North America

Bankers speaking with exhibiting

sponsors.

The gavel passes from Chairman Bob DeAlmeida, Hamilton Bank (right), to newly elected Chairman John Scaldara, The Columbia Bank (middle), and Dan Schrider, Sandy Spring Bank (left), newly elected chairman-elect.

Burnie) Mike Livingston (The Bank of Glen (L to R) Kathleen Murphy (MBA), ation), Educ omic Econ on cil Coun yland Alan Cox and Mary Ann Hewitt (Mar ) and John ), Bob DeAlmeida (Hamilton Bank Bank g Sprin dy (San ider Schr Dan for MCEE 00 Convention check presentation Scaldara (The Columbia Bank). $3,7 cial, Bank of Ocean City, Farmers Finan iserv Amer from ns ibutio included contr , Rowles ter, Hamilton Bank, Howard Bank & Merchants Bank, Goodwin & Proc nt is in addition to the over amou This ie.

Burn Glen of Bank & Company and The rtant ibuted so far this year to this impo $58,000 Maryland banks have contr financial education effort.

Magician Billy Riggs amazed and

rate the year.

entertained for a final night to celeb

We’ve walked in your shoes…

We are veteran bankers with innovative solutions to community bankers’ real world challenges.

• • • • •

M&A DUE DILIGENCE AND INTEGRATION SUPPORT STRATEGIC AND CAPITAL PLANNING ENTERPRISE RISK MANAGEMENT LOAN REVIEW AND INTERNAL AUDIT LOAN AND CAPITAL STRESS TESTING

“We are very pleased with our decision to hire SRA for multiple projects. Their deep CRM experience and strong regulatory background proved very beneficial for our bank.”

Joseph J. Slovick, III, SVP Eastern Savings Bank

ROBERT L. MORRISON, JR. MANAGING DIRECTOR BMORRISON@SRABANK.COM 240-674-3866

Third Quarter 2014 | 17

        





18 | The Maryland Banker

News & Notes Members on the Move

Matt Rickeman

D. Arthur Seibel

Matt Rickeman joined The Columbia Bank as vice president, commercial banking. He previously worked for Carroll Community Bank as assistant vice president, commercial banking. In his new position, he will be responsible for developing new commercial banking relationships with a focus on Howard County, and enhance service for existing commercial banking customers.

New Windsor State Bank (NWSB) announced the appointment of: D. Arthur Seibel as chairman of the board of directors. He is a seasoned executive with a proven record in leadership and financial management for public and private companies. He is currently employed as managing director of Cristal Inorganic Chemicals (CIC).

Having served on the NWSB board of directors since 2001, he is excited about his new role as chairman of the board.

Retiring as chairman of the board is Daniel D. Hartzler, who concluded 36 years of service to NWSB, having been elected to the board in 1978. His vast experience in Carroll County provided a unique insight for the board. His tenure as chairman of the board since 1999 included service on nearly all board committees.

Also retiring is H. McKinley “Mac” Coffman, who served as a NWSB board member since 1978. Over the ensuing four decades he has been a participant at many levels of board activity. He distinguished himself through service on the bank asset-liability, strategic planning, and audit committees, to name a few.

Daniel D. Hartzler

H. McKinley Coffman

Shapiro Sher Guinot & Sandler, a Baltimore law firm, announced that Benjamin Fortkamp, a former Maryland assistant attorney general, joined its banking and financial services group as senior associate. He concentrates his practice in commercial loan transactions for financial institutions including national, regional and community banks.

Benjamin Fortkamp

Stephen Hall

Stephen Hall has joined Bank Financial Services (BFS) executive team as chief financial officer. In his new position he will oversee all financial strategy, management and reporting.

Prior to joining BFS he spent 17 years with JP Morgan Chase where he held various senior financial positions, the most recent being within the asset wealth management division.

■

The best thing about Value Checking?

“We used Value Checking to implement a new fee-based checking strategy. Our employees and customers love it – and believe it’s the best service we’ve provided in the past ten years.”

Chief Retail Officer, Georgia community bank

It Works.

Don’t believe it? Review our case studies.

strunklp.com/valuechecking | 800.728.3116 Third Quarter 2014 | 19

News & Notes Members in the Community Celebrating 106 Years in Business, Middletown Valley Bank Unveils its New Brand Middletown Valley Bank (MVB) unveiled a bold makeover of its brand. The new logo was revealed to the public on Saturday, May 3, at an open house held at four of MVB’s branch locations. The rebranding coincides with other ongoing improvements at MVB that reinforce the company’s vision to provide absolutely exceptional experiences. The grand unveiling and open house was a testament to the strength of MVB’s community relationships. Between the Middletown, Jefferson, Myersville and Boonsboro branches, hundreds of people attended. MVB provided food and refreshments from local vendors, and held drawings for cash prizes and various items emblazoned with the new logo.

From left: Oluseyi Ogunnaike, Sen. Joanne C. Benson, District 24 of Prince George’s County; Roderick Dozier; and Patrick Boateng, senior manager, vice president, Capital One.

From left: Lolita Watkins from New Walk Community Church, Campus Pastor Michael Wyche, Jennifer Molnar, Lavee Cauffman and John Ludwig of Queenstown Bank of Maryland.

Queenstown Bank of Maryland Mobile Food Pantry Joint Effort The Queenstown Bank of Maryland, in conjunction with the Maryland Food Bank of the Eastern Shore and New Walk Community Church, sponsored a mobile food pantry at the Grasonville Community Center on April 26. More than 85 families in need were given fresh produce, canned and dried goods and frozen chicken. Along with the food boxes, financial literacy packets including information on free credit reports, avoiding identity theft and using credit were distributed to each patron.

The Benefits of MBA’s Day in Annapolis When Making the Connection with Your Senator At MBA’s Day In Annapolis, held this past March, Capital One visited with Sen. Joanne C. Benson, District 24 of Prince George’s County, and by making that connection, Benson followed back up with Capital One, asking them to participate in a lending event that she was holding.

Share Your News What’s happening in our business? Have news to share? Celebrating a milestone? Share your bank’s achievement. Send your news and photos to MBA’s Cindy Gentilcore at cgentilcore@mdbankers.com.

20 | The Maryland Banker

GF_Banker'sNewsletter 1/10/14 8:30 AM Page 1

Hamilton Bank and Vehicles for Change Partner to Enable Greater Job Access to Families with Financial Challenges Hamilton Bank and Vehicles for Change (VFC), a Baltimore-based nonprofit that awards cars to families for employment purposes, have teamed up to provide Maryland families with cars at affordable loan terms. As part of the new partnership, Hamilton Bank is now VFC’s exclusive lending partner in the Baltimore region, offering affordable auto loans to families who are facing financial challenges and receiving cars from VFC. Bob DeAlmeida, MBA immediate past chairman, and president and CEO of Hamilton Bank, said, “When Vehicles for Change approached Hamilton Bank last year, we were honored and excited to help with financing for such a worthy cause. Our help on the financial side will give low-income families, who typically have a difficult time qualifying for loans, new avenues for building wealth and getting out of situations that perpetuate poverty.”

The leaders in providing legal advice to Maryland’s financial services industry

D. Robert Enten Carla Stone Witzel David S. Musgrave Marjorie A. Corwin Peter B. Rosenwald, II Christopher R. Rahl Brian L. Moffet Andrew D. Bulgin John C. Morton Victor A. Kwansa Travis W. Dalton Attorneys at Law 233 E. Redwood Street n Baltimore, MD 21202 410-576-4000 n www.gfrlaw.com

Salisbury Area Chamber of Commerce Honors APPI Energy at 94th Annual Banquet Ceremony Energy consulting firm and MBSI Preferred Provider APPI Energy was honored with the Salisbury Area Chamber of Commerce (SACC) Medium Business of the Year Award at the chamber’s 94th Annual Banquet Ceremony on April 16.

Each year, SACC bestows the award to a firm that has demonstrated growth, has been involved in the community, and has exhibited superior customer service and an innovative approach to the market.

■ Third Quarter 2014 | 21

SPECIAL EVENTS

Mar yland Bankers Association Professional Development Calendar

Aug. 4-8

Maryland Banking School

Oct. 15

FDIC Directors & Trustee College (Cambridge)

Nov. 5

BankNext

Nov. 19

FDIC Directors & Trustee College (Ellicott City)

A Local ABA Training Provider

Dec. 10-11 CFO & Financial Management Forum

SEMINARS, WEBINARS, SCHOOLS, AND ONLINE TRAINING Compliance Aug. 18

ABA Online Review for the CRCM Exam (AIB)

Finance Aug. 4 Managing the Bank’s Investment Portfolio Sept. 21-26 Financial Managers School (GSB)

Executive Management & Directors Aug. 4 Sept. 4 Sept. 10 Sept. 11

Managing the Bank’s Investment Portfolio Three Ways to Improve Your Strategic Planning (GSB) It’s Time for Subchapter S (GSB) Common Mistakes in Mergers and Acquisitions (GSB) Five Ways to Improve the Value of Your Organization (GSB)

General Banking July 7

July 14

July 21

July 28 Aug. 3-15 Aug. 11

Economics for Bankers (AIB) Principles of Banking (AIB) Law & Banking: Applications (AIB) Money & Banking (AIB) Law & Banking: Principles (AIB) Supervisor Certificate (AIB) General Accounting (AIB) Graduate School of Banking (GSB) Principles of Banking (AIB)

HR Management Sept. 18

Sept. 19

Leverage the Middle of Your Organization (GSB) Eight Habits of Highly Effective Bank Managers (GSB) Delegating for Effectiveness (GSB)

Insurance July 2

July 3

July 7-9 July 8

July 9

July 10

July 11

July 14

July 15

July 16

July 17

July 21-23 July 21

Ethics, Insurance Fraud & Anti-Money Laundering – Columbia E&O, Identity Theft & Risk Management – Glen Burnie & Towson Ethics, Insurance Fraud & Anti-Money Laundering – Glen Burnie & Towson E&O, Identity Theft & Risk Management Columbia Property & Casualty Pre-Licensing – Glen Burnie Ethics, Insurance Fraud & Anti-Money Laundering – Frederick E&O, Identity Theft & Risk Management Frederick & Towson Ethics, Insurance Fraud & Anti-Money Laundering – Prince Frederick & Towson E&O, Identity Theft & Risk Management – Prince Frederick Ethics, Insurance Fraud & Anti-Money Laundering – Largo Flood Insurance & Mold Risks – Towson E&O, Identity Theft & Risk Management - Largo Ethics, Insurance Fraud & Anti-Money Laundering – Waldorf E&O, Identity Theft & Risk Management – Glen Burnie & Towson Ethics, Insurance Fraud & Anti-Money Laundering – Glen Burnie & Towson E&O, Identity Theft & Risk Management Waldorf Property & Casualty Pre-Licensing - Towson Ethics, Insurance Fraud & Anti-Money Laundering – Hagerstown

July 22 July 23

July 24

July 28

July 29

July 30

July 31

Aug. 4

E&O, Identity Theft & Risk Management Hagerstown Ethics, Insurance Fraud & Anti-Money Laundering – Ocean City E&O, Identity Theft & Risk Management – Glen Burnie Ethics, Insurance Fraud & Anti-Money Laundering Glen Burnie E&O, Identity Theft & Risk Management – Ocean City Ethics, Insurance Fraud & Anti-Money Laundering Annapolis E&O, Identity Theft & Risk Management –Annapolis Long -Term Care & Annuities – Glen Burnie Ethics, Insurance Fraud & Anti-Money Laundering Rockville E&O, Identity Theft & Risk Management – Glen Burnie & Towson Ethics, Insurance Fraud & Anti-Money Laundering Glen Burnie & Towson E&O, Identity Theft & Risk Management – Rockville Ethics, Insurance Fraud & Anti-Money Laundering Columbia

Aug. 5

E&O, Identity Theft & Risk Management – Columbia

Aug. 6

Ethics, Insurance Fraud & Anti-Money Laundering Bethesda

E&O, Identity Theft & Risk Management – Towson

Aug. 7

Aug. 28

E&O, Identity Theft & Risk Management – Rockville

Sept. 3

Ethics, Insurance Fraud & Anti-Money Laundering Columbia

Sept. 4

E&O, Identity Theft & Risk Management – Columbia

Sept. 8

Ethics, Insurance Fraud & Anti-Money Laundering – Annapolis

Sept. 9

E&O, Identity Theft & Risk Management – Annapolis

Sept. 10

Ethics, Insurance Fraud & Anti-Money Laundering – Ocean City

Sept. 11

E&O, Identity Theft & Risk Management – Ocean City

Sept. 15

Ethics, Insurance Fraud & Anti-Money Laundering – Frederick

Sept. 16

E&O, Identity Theft & Risk Management Frederick

Sept. 17

Ethics, Insurance Fraud & Anti-Money Laundering – Waldorf

Sept. 18

E&O, Identity Theft & Risk Management – Waldorf

Ethics, Insurance Fraud & Anti-Money Laundering – Glen Burnie

Sept. 22-23 Life & Health Combo Pre-Licensing – Glen Burnie Sept. 22

Ethics, Insurance Fraud & Anti-Money Laundering – Largo

Sept. 23

E&O, Identity Theft & Risk Management – Largo

Sept. 24

Ethics, Insurance Fraud & Anti-Money Laundering – Rockville

E&O, Identity Theft & Risk Management – Glen Burnie

Sept. 25

Ethics, Insurance Fraud & Anti-Money Laundering – Glen Burnie

E&O, Identity Theft & Risk Management – Rockville

Sept. 29

Ethics, Insurance Fraud & Anti-Money Laundering – Hagerstown

Ethics, Insurance Fraud & Anti-Money Laundering – Towson

Sept. 30

E&O, Identity Theft & Risk Management – Hagerstown

Long-Term Care Partnerships & Annuities – Glen Burnie

E&O, Identity Theft & Risk Management – Bethesda

Oct. 1

Ethics, Insurance Fraud & Anti-Money Laundering – Bethesda

Aug. 11

Ethics, Insurance Fraud & Anti-Money Laundering – Frederick

E&O, Identity Theft & Risk Management – Glen Burnie

Lending

Aug. 12

E&O, Identity Theft & Risk Management – Frederick

Flood Insurance & Mold Risks – Towson

Aug. 13

Ethics, Insurance Fraud & Anti-Money Laundering – Bowie

E&O, Identity Theft & Risk Management – Glen Burnie & Aug. 4 Towson Aug. 11 Ethics, Insurance Fraud & Anti-Money Laundering – Sept. 9 Glen Burnie & Towson Sept. 18 E&O, Identity Theft & Risk Management – Bowie

Aug. 16

Long-Term Care Partnership – Towson

Sales & Marketing

Aug. 18

Ethics, Insurance Fraud & Anti-Money Laundering -

July 21

Marketing Financial Services (AIB)

Waldorf

Sept. 9

Recipe for an Effective Sales Environment (GSB)

Aug. 19

E&O, Identity Theft & Risk Management – Waldorf

Essentials to Improve Your Business Development Program (GSB)

Aug. 20

Ethics, Insurance Fraud & Anti-Money Laundering – Easton

Sept. 10

Creating Compelling Advertising for Community Banks (GSB)

Money Saving, Money Making Marketing Ideas (GSB)

E&O, Identity Theft & Risk Management – Glen Burnie

Sept. 15

Getting in the Door with Prospects (GSB)

Aug. 21

Ethics, Insurance Fraud & Anti-Money Laundering – Glen Sept. 17 Burnie

E&O, Identity Theft & Risk Management - Easton

Aug. 25

Ethics, Insurance Fraud & Anti-Money Laundering Cumberland

Aug. 26

E&O, Identity Theft & Risk Management – Cumberland

Long-Term Care Partnerships & Annuities – Glen Burnie – Oct. 3

Aug. 27

Ethics, Insurance Fraud & Anti-Money Laundering Rockville

Trust

E&O, Identity Theft & Risk Management – Glen Burnie & Towson

Aug. 11

Basic Administrative Duties of a Trustee (AIB)

Sept. 2

IRA Online Institute (AIB)

Aug. 28

Ethics, Insurance Fraud & Anti-Money Laundering – Glen Sept. 11 Burnie & Towson

Aug. 14

July 7

Intro to Mortgage Lending (AIB)

July 14

Consumer Lending (AIB)

July 21

Intro to Agricultural Lending (AIB) Analyzing Financial Statements (AIB) Commercial Lending (AIB) Business Cash Flow Basics (GSB) Problem Loan Identification and Prevention (GSB)

Build an Effective Referral Program in 60 Days (GSB) Managing the Customer Experience (GSB)

Security & Technology Sept. 10

Five Steps to a Successful IT Assessment (GSB)

Sept. 28 Bank Technology Security School (GSB)

Rollovers Between Retirement Plans and IRAs (GSB)

For detailed and updated information on all professional development programs, visit the Calendar section of the MBA’s website at www.mdbankers.com.

22 | The Maryland Banker

Helping you achieve your branch transformation goals to satisfy the custom in every customer.

The in-branch demands of your customers are various. Some demand simple transaction speed. ® Others require extensive personal attention. Diebold Opteva Branch Performance SeriesTM terminals were designed to provide the flexibility to respond along the entire spectrum of these needs. In the process, you can achieve your branch transformation goals. Your customers are satisfied. Your tellers are freed up to create higher-value sales. It’s another example of how Diebold is satisfying the personal tastes of both customers and the branches that serve them.

For the entire story, visit www.diebold.com/newinnovation.

requests@diebold.com www.diebold.com