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Chesapeake Bank and Trust Announces Robert Thompson’s Graduation from Maryland Banking School

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Rob 004Chestertown, MD, August 23, 2016– Chesapeake Bank and Trust Company is pleased to announce Robert Thompson’s graduation from the Maryland Banking School.

“Rob is a key member of our team, so this accomplishment will serve him, our clients and the bank well into the future.” – Glenn L. Wilson, President & CEO

The Maryland Banking School offers perspectives on forces that shape the financial services industry. Through an emphasis on developing leadership, managerial and technical skills, and creating a resource network, students enhance their individual and corporate performance to thrive in the evolving financial services marketplace. The program takes three years to complete and requires hours of commitment both in and outside of the classroom.

Robert Thompson is Chesapeake Bank and Trust Company’s (CB&T) Senior Lending Officer, and has worked at the bank for over ten years. Thompson’s graduation from the Maryland Banking School only further increases his exceptional skillset which make him a more valuable asset in the community. Thompson’s clients can be comforted and know that they are receiving the highest level of service and knowledge when they work with him. CB&T is also proud of their commitment to providing growth and development opportunities to all of it’s employees.

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.

“Chesapeake is a small, truly local and very professional financial institution. We are selective about a team members’ abilities and only choose people who are passionate about developing their abilities to assist our clients in achieving their goals. We provide them with every opportunity to grow professionally, and Rob has taken advantage of this by successfully applying himself to this rigorous course of instruction. His clients benefit from his level of commitment to professionalism, integrity and service. ” – Mike Macielag, Chairman of the Board of Directors

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.

Benchworks Named to Inc. Magazine’s 35th Annual List of America’s Fastest-Growing Private Companies

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Chestertown, MD, August 23, 2016Inc. magazine recently ranked Benchworks, a comprehensive marketing services agency, No. 1005 on its 35th annual Inc. 5000, the most prestigious ranking of the fastest-growing privately held companies in America. The list represents a unique look at the most successful companies within the U.S. economy’s most dynamic segment—its independent small businesses.

The 2016 Inc. 5000, unveiled online at Inc.com, is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

“The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great—usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”

Thad L

Thad L. Bench

This year marks the second time Benchworks has been included on the Inc. 5000, appearing alongside such companies as Pandora, Domino’s Pizza, LinkedIn, Yelp and Timberland. Benchworks’ ranking is based on its three-year sales growth of 395% and revenue of $31.1 million.

Thad L. Bench, Sr., CEO of Benchworks, commented on the achievement, saying, “At Benchworks, our goal is to provide measurable results for our clients through a relentless focus on marketing strategy, quality and service, all with a spirit of graciousness. I am very proud that our team has been successful in accomplishing that task through their tireless dedication while the Benchworks leadership team has skillfully managed sustainable growth.”

Companies on the list will be honored at the annual Inc. 5000 conference in October in San Antonio. The event recognizes these companies for their remarkable achievements and contributions to the economy. The event will feature inspirational speakers and networking opportunities.

About Benchworks

Benchworks, a comprehensive marketing services agency headquartered in Chestertown, Maryland, was founded in 1991. The company specializes in the design, production, and launch of complete marketing and branding services. Clients include a wide variety of companies in the life science, pharmaceutical, beverage, manufacturing, and education industries in North America and Europe. For additional information, visit www.benchworks.com or call 800-536-4670.

About Inc. 5000

Methodology

The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000.

About Inc. Media

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today.  For more information, visit www.inc.com.

Radcliffe Financial Announces the Addition of Sarah Schut

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Sarah Schut

Sarah Schut

Radcliffe Financial, a firm offering advisory services and affiliated with Radcliffe Corp., Certified Public Accountants, is pleased to announce the addition of Sarah Schut as financial advisor. “I believe in listening to client needs and using best financial planning practices to help individuals build secure and robust lives,” said Schut. “Solid money management is essential for meeting life goals and reaching milestones,” Schut added.

Schut has her Series 7 and 66 licenses, and brings a focus on financial planning to working with clients. She completed a graduate certificate in family financial planning through Iowa State University, and holds a Master of Arts in English from Washington College and an undergraduate degree from Arcadia University. Schut has 15 years of experience in business development for local manufacturer, CreaFill Fibers. As well, she previously worked in investment banking providing her with unique insights on the issuance of securities.

Randall Cooper, CPA, MBA, PFS, is President of Radcliffe Financial. On the hiring of Schut, Cooper stated, “we are happy to have Sarah’s focus on comprehensive financial planning along with her years of business experience. Her addition will nicely complement our advisory practice.”

The mission of Radcliffe Financial is to make a material difference in the lives clients by delivering top-notch advisory services with a focus on tax efficient investment planning. Learn more at radcliffefinancial.com

Maryland Winners (included Dorchester County) in Medical Marijuana Permits

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Maryland regulators announced which 15 companies can grow medical marijuana in Maryland. The commission also announced 15 companies received preliminary licenses to process marijuana.  The Washington Post show the people behind the companies that won and lost in bids for licenses.

Read the full story here

Creative Treatments Shutters & Blinds Comes to High Street

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After a few years waiting for a new occupant, the former Chestertown Pharmacy finally has a new tenent. Last Friday there was a ribbon-cutting opening of Creative Treatments Shutters & Blinds. The store is owned by Kent County Commissioner Bill Short.

The store, at 329 High Street in Chestertown, is open everyday from 10am to 5pm, phone=(443) 282-0215, email= info@ctshuttersblinds.com.

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Washington College’s CFO Accepts Position at New York Institute of Technology

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Washington College’s Sheila Bair informed the college community yesterday that Mark Hampton, the institution’s vice president for finance, has accepted a position as Vice President for Planning, Analytics, and Decision Support at the New York Institute of Technology. Hampton came to work for WC in the spring of 2014.

In his brief tenure, Hampton is credited with successfully managing several building projects on campus and a number of energy efficiency efforts that contributed to a reduction in the College’s carbon footprint. He also played a role in the financial modeling that permitted Washington College to freeze tuition for the coming academic year.

Bair said that the College’s chief of staff Joe Holt will step in as interim Vice President for Finance and Administration until a new CFO has been recruited for the position.

 

Rural Maryland Council Accepting Applications for Rural Community Needs

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rural marylandOn June 20, 2016, the Rural Maryland Council is accepting applications for its Fiscal Year 2017 Rural Maryland Prosperity and Investment Fund (RMPIF) grant program for entrepreneurship, infrastructure and health services. Applications and instructions for RMPIF are available on the Rural Maryland Council’s website at www.rural.maryland.gov. The deadline for applications is August 15, 2016; grant awards will be announced to the public on October 14, 2016. Questions regarding eligibility and criteria may be directed to: Charlotte Davis, RMC Executive Director, at (410) 841-5774.

The objective of RMPIF is to help raise the overall standard of living in rural areas to a level that meets or exceeds statewide benchmark averages by 2030, while preserving the best aspects of a cultural heritage and rural way of life. Resources provided to the Fund are designed to facilitate significant targeted investments in important economic and community development programs and promote regional and intergovernmental cooperation. “These investments will enable local and regional public and nonprofit organizations to leverage additional non-state financial and human resources to facilitate the realization of sustainable rural development objectives,” said RMC Chair, Doris Mason. “Grant funds will also be used to encourage collaboration amongst rural organizations and local governments and encourage the creation of new partnerships.”

For Fiscal Year 2017, proposals will be accepted for the following areas: rural regional planning and development councils, rural entrepreneurship development, regional infrastructure projects, and rural health care organizations. Eligible applicants must be a local government, institute of higher education, regional council, or be a 501(c)(3) IRS tax designation or similar, and serve a regional or statewide rural constituency. Projects must be regional, covering two or more counties, or intergovernmental (including municipalities or local governments). Projects may include non-rural counties; however, the majority of service must be provided in rural areas. Community Colleges, Career Technology Centers, Regional Councils and Libraries are eligible applicants.

The Rural Maryland Council (RMC) operates under the direction of a 40-member executive board in a nonpartisan and nondiscriminatory manner. It serves as the state’s federally designated rural development council and functions as a voice for rural Maryland, advocating for and helping rural communities and businesses across the state to flourish and to gain equity to its suburban and urban counterparts. The vision for RMC is the ultimate realization that residents in rural communities are achieving success in education and employment, have access to affordable, quality health care and other vital public services, and live in an environment where natural and cultural resources are being sustained for future generations.

Kristen Owen with Chesapeake Investment Services Earns Insurance License

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CKristen 002hesapeake Bank and Trust Company is excited to announce that its Investment Adviser, Kristen Owen, has earned her Life, Health, Variable and Variable Annuity Products Producer’s License. This new license allows Owen to offer life insurance and annuity products to clients, as well as review existing policies and contracts.

“Kristen has the expertise, backed by robust resources, to provide clients with a wide array of personalized investment services, right here in Chestertown.” – Glenn L. Wilson, President & CEO of Chesapeake Bank and Trust Company

Chesapeake Investment Services also recently launched a new website, http://www.chesapeakeinvest.com/ . The site provides information about available products and services, features content on a variety of investment and financial planning topics, and contains helpful tools and calculators. Chesapeake Investment Services can also be accessed by visiting Chesapeake Bank and Trust Company’s website at https://www.chesapeaketrust.com/ under the Investment Services section.

“I’m pleased to be able to provide insurance and annuity solutions to our clients. At Chesapeake, we strive to offer a full range of products, services and conveniences to meet a wide variety of financial planning needs. Our new Chesapeake Investment Services website is full of relevant content that will be of interest to clients and prospective clients alike,” remarked Owen.

Owen began working at Chesapeake Bank and Trust Company in 2005, shortly after graduating from McDaniel College with a B.A. in History. She grew up in Kingstown and now lives in Fairlee with her husband, Chris. Owen is President of Downtown Chestertown Association and also serves on committees for Greater Chestertown Initiative and Garfield Center for the Arts.

The office of Chesapeake Investment Services is located inside Chesapeake Bank and Trust Company’s main branch at 245 High Street, Chestertown, Maryland. Founded in 1986, Chesapeake Bank and Trust Company 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 investment needs. Chesapeake offers investment and insurance products through Cetera Investment Services. Owen can be reached at 410-778-1600 or kowen@chesapeaketrust.com .

About Cetera Financial Group

Cetera Investment Services (formerly PrimeVest Financial Services) is part of the Cetera Financial Group, one of the nation’s largest privately-held, independent broker-dealer and investment adviser families. It provides wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, and innovative technology.

Chesapeake Bank and Trust Announces Newest Board Director

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Chesapeake Bank and Trust Company is pleased to announce its newest Board Director, Drew McMullen.

“Drew is a bright and younger professional, who is universally respected in our community. His background and non-profit experience will bring an added dimension to our excellent Board of Directors.” – Glenn L. Wilson, President & CEO

Drew McMullen - Semi FormalDrew McMullen is the President and co-founder of the Sultana Education Foundation, an award-winning nonprofit that provides state certified field programs in history and environmental science to more than 12,000 students each year. Prior to founding the Sultana Education Foundation, McMullen worked in the International Investment Advisory division of Bankers Trust Company/Deutsche Bank and for H.G. Welling Capital Management, both in New York City.

A graduate of Amherst College and St. Paul’s School, McMullen lives in Chestertown with his wife Claire and their two children. Since 1994 McMullen and his family have been residents of Kent County and look forward to many more years here.

“In 20 years running a small business in Kent County I’ve been consistently impressed by Chesapeake Bank and Trust’s professionalism, individualized customer service, and commitment to the community. Chesapeake has an exceptionally strong Board and staff and I look forward to working with them as the Bank continues to build on a very solid foundation.” – Drew McMullen

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.