Shore United Bank Welcomes Ed Dillon, Branch Manager

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Shore United Bank, a member of Shore Bancshares community of companies, is pleased to announce that Ed Dillon has joined the company as Branch Manager at our location in Ridgely, Maryland. Ed joins Shore United Bank with previous banking experience as an assistant branch manager.

Mr. Dillon graduated from York College of Pennsylvania where he earned a bachelor’s degree in Marketing.

“Ed is a wonderful addition to the team in Ridgely. His knowledge and experience in banking goes a long way in strengthening the relationships with employees and customers.” said Jennifer Joseph, Chief Retail Banking Officer of Shore United Bank.

“I’m very excited to get to know our customers and to help them with their financial needs and goals” said Mr. Dillon.

Ed resides in Chestertown, Maryland with his wife, Leigh and their new baby, Charlie.

For more information about Shore United Bank, visit ShoreUnitedBank.com

Mid-Shore Commerce: Looking Forward with Shore Bancshares Chair Frank Mason

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Last month, the Spy spent some quality time with Chris Spurry, the outgoing chairman of the board of Shore Bancshares, Inc., to talk about his extraordinary tenure during a time of significant financial upheaval on the Eastern Shore as the full impact of the Great Recession was dramatically felt throughout the Delmarva.

It was a story of corporate nimbleness and perseverance as Chris and his colleagues navigated through very troubled waters over several years to finally find themselves, and their grateful customers, once again on fiduciary terra firma as signs of a real recovery started to be seen by late 2015.

At the conclusion of that interview, Chris noted that while he will remain on the board, he would be succeeded in the chair position by fellow board member and Mid-Shore native, Frank Mason, to steer the publicly traded corporation into a new era.

The Spy thought it would complete the story of Shore Bancshares to catch up with Frank as well to talk about this new, exciting, and radically different world in finance.

An Easton native who has taken a unique journey himself, Frank Mason has been part of one of the Mid-Shore’s most specialized manufacturers in the region for his entire career. Now president of Jasco Inc. based in Talbot County, which produces spectroscopy and chromatography analytical instruments, Frank also has strong family ties with Shore Bancshares where his great-grandfather had also served on the board of Talbot Bank, the precursor to Shore United Bank.

In his interview with the Spy, Frank talks about Shore Bancshares future and what he sees as an extraordinary new era for financial services in the 21st century.

This video is approximately four minutes in length. For more information about Shore Bancshares please go here.

Sarah Schut Earns Retirement Income Certified Professional (RICP) Designation

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Sarah Schut, Investment Advisor Representative with Radcliffe Financial, has earned the Retirement Income Certified professional® (RICP®) professional designation from The American College of Financial Services, Bryn Mawr, PA.

Candidates for the RICP® must complete a minimum of three college-level courses and are required to pass a series of proctored exams.  They must also have three years of experience, meet stringent ethics requirements, and participate in The College’s continuing education program.

The RICP® educational curricula is the most complete and comprehensive program available to professional financial advisors looking to help their clients create sustainable retirement income.  The rigorous three-course credential helps advisors master retirement income planning, a key focus area not fully covered in other professional designation programs.  From retirement portfolio management techniques and mitigation of plan risks to the proper use of annuities, employer-sponsored benefits and determining the best Social Security claiming age, the RICP® provides a wealth of practical information for advisors.

Using the most current techniques, RICP®s identify retirement income needs and objectives and evaluate a client’s current situation relative to those goals.  Individuals who earn a RICP® can provide expert advice on a broad range of retirement topics including income needs and objectives, estate issues and other risks to the retirement income planning, Social Security, health insurance and housing decisions, and income taxation.

Schut is an investment advisor representative with Cetera Investment Advisers LLC and a member of Radcliffe Financial, a financial advisory firm associated with Radcliffe Corporate Services, Certified Public Accountants.  She offers securities through Cetera Financial Specialists, FINRA / SIPC.  For over 15 years, Radcliffe has been providing investment advisory services.  Schut can be reached at 870 high Street, Suite 1, Chestertown, MD  21620 or by phone at 410.778.1099.  www.radcliffefinancial.com

The American College is the nation’s largest non-profit educational institution devoted to financial services.  Holding the highest level of academic accreditation.  The College has served as a valued business partner to banks, brokerage firms, insurance companies and others for over 86 years.  The American College’s faculty represents some of the financial services industry’s foremost thought leaders.  For more information, visit TheAmericanCollege.edu

Legal Marijuana Arrives on the Shore: Meet Ash + Paige of Centreville

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At least in some parts of the Eastern Shore, if there was a referendum held tomorrow proposing that marijuana be banned in Maryland for the next two centuries, the odds are pretty good that it would pass by an overwhelming majority. While that might be an exaggeration, it is accurate to say that the Shore, with its mostly rural and politically conservative citizens, have a very skeptical view of the use of cannabis for any reason.

But the state in which they reside had quite a different point of view as Maryland joined 29 other states and the District of Columbia in legalizing the medical or recreational use of the plant. And, as a result, Annapolis has recently finalized the issuing of permits for marijuana distribution outlets.

So it may be a shock for those on the Shore to see that one of those medical cannabis dispensaries is almost ready for business in none other than Centreville, Maryland.

Found in a professional park alongside doctor offices and the YMCA, last-minute preparations are underway for the opening of Ash + Ember Cannabis, the commercial name of the store owned by Hippocratic Growth, LLC as it prepares to open its doors as the first legal venue on the Mid-Shore to legally sell medical cannabis.

Adding to this notable moment is the fact that Hippocratic Growth is actually a family business.  Sisters, Ashley Herr and Paige Colen, along with the help of other family members, led an almost four-year effort to reach this milestone. Working through state delays on licensing  and some opposition from the Queen Anne’s County Commissioners by blocking a building permit (an appeal filed by Hippocratic Growth is pending at the Court of Special Appeal), the opening of Ash + Ember has become an exciting climax to battle long waged.

Unapologetically pro-pot, the sisters see Ash + Ember as the first of many in the eventual legalization of the recreational use of marijuana and therefore have designed a business plan that will eventually transition from a medical dispensary to a well-branded boutique store that will eventually produce and design its products no differently than a beer microbrewery does today.

The Spy sat down with the owners last week at Ash + Ember to talk about this remarkable new chapter in Eastern Shore entrepreneurship.

This video is approximately five minutes in length. For more information about Ash + Ember Cannabis please go here

 

Looking Back: A Conversation with Shore Bancshares Chair Chris Spurry

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When Chris Spurry was appointed to be the chair of the board of the Talbot Bank in 2006, he felt both honored and excited to take on this role during a time in banking when, as he recalled it, “a blind chicken could get fat.” The economy in general, and real estate in particular, was hitting historic highs in value and returns on investment. To be part of this extraordinary moment in Delmarva prosperity could not have been more fulfilling for him.

The St. Michaels native also saw this new role on the board of this highly regarded community bank as another positive outcome of his decision to move his a manufacturers’ representatives firm to Talbot County in 1983 after over thirty years serving in senior leadership positions with a Fortune 500 manufacturing corporation and food equipment supplier based in New York City. With Spurry (now Spurry-Curren and Associates) operating out of Easton, Chris was able to return home to the Mid-Shore he loved and directly particulate in its economic future.

But when troubling financial smoke signals were popping up in 2007, which later unfolded the following year into the country’s most significant economic collapse since the Great Depression, Scott and his fellow board members realized quickly that within this short period, the entire future of the Talbot Bank, Centreville National Bank, Avon-Dixon Insurance, and Wye Financial & Trust were now being severely threatened.

And as a result of this perfect storm, the Talbot Bank directors oversaw one of the most dramatic and sweeping corporate reconfigurations in the commercial history of the Eastern Shore.

In short order, the board was strengthened, a new senior management team was hired, banking operations were consolidated, as well as dozens of other operational changes required to cope with this new economic environment as well as an unprecedented wave of fiduciary regulations.

Now, after nine years of hard work and significant cultural change, Shore Bancshares is safely out of the woods and thriving.

The Spy caught with Chris at the Shore Bancshares corporate headquarters last month to talk about this extraordinary time in banking history as he steps down from being one of Shore Bancshares’ longest-serving board Chairs.

This video is approximately five minutes in length. For more information about Shore Bancshares please go here

 

Chesapeake Bank and Trust Promotes Robert Thompson to Senior Vice President

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Chesapeake Bank and Trust Company is pleased to announce Robert Thompson’s promotion to Senior Vice President.

“Rob is an excellent community banker. He is well known in Kent County, and is well liked by our clients for his expertise and responsiveness. This promotion is very well deserved” – Glenn L. Wilson, President & CEO

Robert Thompson is Chesapeake Bank and Trust Company’s (CB&T) Senior Lending Officer, and has worked at the bank for over ten years. He joined CB&T in 2005 as a Loan Officer Trainee, became a seasoned Lending Officer, and was promoted to Vice President & Senior Lender in 2015. Thompson’s clients can be comforted and know that they are receiving the highest level of service and knowledge when they work with him.

A graduate of James Madison University, with a B.S. in Engineering and Manufacturing from the Integrated Science and Technology Program and of Kent County High School, Thompson lives in Worton with his wife Jessica and their daughter.

Founded in 1986, Chesapeake Bank and Trust Company, Chestertown’s Truly Local Banking Experience, has roots in Kent County dating back more than 100 years. Chesapeake Bank and Trust Company is a well-known pillar in the community, helping residents and businesses with their banking and investments needs. For more information please visit www.chesapeaketrust.com or call (410) 778-1600.

New Assistant Branch Manager at Chesapeake Bank and Trust

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Susan St. Amour

Chesapeake Bank and Trust Company is pleased to announce its new Assistant Branch Manager, Susan St. Amour.

Susan St. Amour has been with Chesapeake Bank and Trust for one year. She quickly assumed the role of Customer Service Representative including representing Chesapeake Bank & Trust at the Heron Point Branch. In recognition of Amour’s hard work and experience, she was promoted to Assistant Branch Manager.

“With a wealth of banking experience, we are pleased to promote Sue to oversee our branches at Heron Point and Morgnec Road,” said Glenn Wilson, President & CEO of Chesapeake Bank and Trust.

A graduate of University of Wales, with an undergraduate degree in law, Amour is now a Kent County resident. With a true passion for helping her customers, Amour’s knowledge of banking and strong values makes her the perfect fit for this position.

Founded in 1986, Chesapeake Bank and Trust Company, Chestertown’s Truly Local Banking Experience, has roots in Kent County dating back more than 100 years. Chesapeake Bank and Trust Company is a well-known pillar in the community, helping residents and businesses with their banking and investments needs. For more information please visit www.chesapeaketrust.com or call (410) 778-1600.

Shore United Bank Welcomes Tracy Berrigan as Branch Manager

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Shore United Bank, a member of Shore Bancshares community of companies, is excited to announce that Tracy Berrigan has joined the company as the Branch Manager of our Dover Street location in Easton, Maryland. Tracy joins Shore United Bank with 37 years of banking experience and management.

Ms. Berrigan is a graduate of the Community College of Baltimore County and holds a degree in business administration. She has also attended several courses and seminars through the Maryland Bankers Association including, deposit documentation, bank regulations and loan underwriting.

“Tracy is a great addition to the team at Dover Street. Her enthusiasm and her love for helping people go hand in hand when it comes to her leadership style that she demonstrates in the branch every day” says Jennifer Joseph, Chief Retail Banking Officer of Shore United Bank.

“I look forward to meeting and serving   the customers that visit our Dover Street location,” says Ms. Berrigan.

Ms. Berrigan serves on the Executive Board of the Talbot Chamber of Commerce, Board of Director for Friends of Hospice and the Brighter Christmas Fund and also serves as the Treasurer of St. Luke’s United Methodist Church in Denton.

Ms. Berrigan resides in Denton, Maryland with her husband, Tim.

For more information about Shore United Bank, visit ShoreUnitedBank.com.

Chesapeake Bank “Spend Local, Stay Local” Gift Card Boosts Local Economy

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Glenn Wilson, President & CEO of Chesapeake Bank, and Russell Gertsch, Executive Assistant to the President, hold a copy of the bank’s local gift card, good for numerous local businesses plus any store that accepts Discover Card.

Chestertown, MD, December 8, 2017– In 2010, Chesapeake Bank and Trust Company introduced the innovative “Spend Local, Stay Local” gift card program. Since the program’s inception, over 3,000 gift cards have been issued, totaling nearly $100,000. These gift cards are targeted towards our local shops, restaurants, and businesses. The program highlights the wide variety of businesses that are located right in our backyard. Current participating retailers include hardware stores, coffee shops, bookstores, salons, gift shops and more. An up-to-date list of participating retailers is maintained on the program’s website.

“We are proud to offer this card, not to profit the Bank, but to support our community’s businesses.” – Glenn L. Wilson, President & CEO of Chesapeake Bank & Trust Company During this Holiday Season, consider supporting our local economy by giving the “Spend Local, Stay Local” gift card to friends, family and loved ones. Businesses may want to give them to their employees and customers.

Gift cards may be purchased at Chesapeake Bank and Trust Company’s High Street location. If you would like to accept the gift card in your business, buy a gift card, or learn more about the program, visit the website or send an email to spendlocal@chesapeaketrust.com or call 410-778- 1600.

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