MENU

Sections

  • Home
  • About
    • The Chestertown Spy
    • Contact Us
    • Advertising & Underwriting
      • Advertising Terms & Conditions
    • Editors & Writers
    • Dedication & Acknowledgements
    • Code of Ethics
    • Chestertown Spy Terms of Service
    • Technical FAQ
    • Privacy
  • The Arts and Design
  • Local Life and Culture
  • Public Affairs
    • Ecosystem
    • Education
    • Health
  • Community Opinion
  • Donate to the Chestertown Spy
  • Free Subscription
  • Talbot Spy
  • Cambridge Spy

More

  • Support the Spy
  • About Spy Community Media
  • Advertising with the Spy
March 24, 2023

The Chestertown Spy

An Educational News Source for Chestertown Maryland

  • Home
  • About
    • The Chestertown Spy
    • Contact Us
    • Advertising & Underwriting
      • Advertising Terms & Conditions
    • Editors & Writers
    • Dedication & Acknowledgements
    • Code of Ethics
    • Chestertown Spy Terms of Service
    • Technical FAQ
    • Privacy
  • The Arts and Design
  • Local Life and Culture
  • Public Affairs
    • Ecosystem
    • Education
    • Health
  • Community Opinion
  • Donate to the Chestertown Spy
  • Free Subscription
  • Talbot Spy
  • Cambridge Spy
Spy Top Story Top Story

A Chat with Shore Bancshares CEO Scott Beatty on Eastern Shore Banking and Name Changes

June 8, 2016 by Dave Wheelan

Share

There was a time, not so very long ago, when even the suggestion of changing the name of a highly regarded community bank was considered corporate heresy if not out and out stupidity. Long-serving institutions, like the Talbot Bank and Centreville National Bank, counted on those local geographic designations to demonstrate their commitment to the communities they served. And for decades, or, in some cases, centuries, this kind of local branding was a primary strategy for success and stability.

But, that was then. Now, in a climate of significantly more government regulations, fierce regional competition, and the need for proper scale, all corporations, large and small, have had to shed their hyper-local brand names for broader titles that signal growth potential.

In Scott Beatty’s second interview with the Spy, the Shore Bancshares‘ CEO talks about some of those challenges and his company’s decision to combine CNB and Talbot Banks into one regional bank to be known as Shore United Bank. He also talks about the new bank’s vision of maintaining a dominant position in the Mid-Shore banking world as well as investing in new markets to find the right scale for Shore United Bank. He also notes the challenges of finding a new generation of professional bankers.

This video is approximately six minutes in length

Filed Under: Spy Top Story, Top Story

About Dave Wheelan

Storm Season is Coming; Time to Prepare your House by Pamela Heyne Great American Campout is June 25 & 26 at Adkins Arboretum

Write a Letter to the Editor on this Article

We encourage readers to offer their point of view on this article by submitting the following form. Editing is sometimes necessary and is done at the discretion of the editorial staff.

Copyright © 2023

Affiliated News

  • The Cambridge Spy
  • The Talbot Spy

Sections

  • Arts
  • Culture
  • Ecosystem
  • Education
  • Health
  • Local Life and Culture
  • Spy Senior Nation

Spy Community Media

  • About
  • Subscribe
  • Contact Us
  • Advertising & Underwriting

Copyright © 2023 · Spy Community Media Child Theme on Genesis Framework · WordPress · Log in