President Named at Towson Community Bank as Expansion Gets Underway at AmericasBank
21 Mayo 2007 - 5:09PM
Business Wire
AmericasBank Corp. (Nasdaq: AMAB), parent company of AmericasBank,
announced today it has hired Ellen R. Fish as President of Towson
Community Bank, an operating division of the Towson-based bank.
Earlier this month, AmericasBank announced its plan to open three
to five community banking centers in central Maryland. Each banking
center will be independently-operated and marketed under its own
trade name as a division of the bank. AmericasBank�s community
banking center in Towson will change its name to Towson Community
Bank, effective July 1, 2007. �Ellen Fish epitomizes the kind of
local banking leader we will seek for our community bank centers as
we move forward,� commented AmericasBank President and CEO Mark H.
Anders. �She�s well connected to Towson, respected as a banker, and
committed to the prosperity and development of her community. We�re
lucky to have her.� Anders also said that Fish�s hiring signals the
Company�s new direction. �AmericasBank is becoming a family of
community banking centers organized to look, act, and feel like
independent local banks,� he said. �We believe that small,
independently-operated community banking centers can be highly
profitable by focusing sharply on providing the personal service
and common sense solutions not offered by big banks. �A family of
such banking centers offers the opportunity for steady, controlled
growth and above-market investment returns, and people like Ellen
will help make that possible.� Fish has worked in banking in Towson
and Baltimore since moving to the area in 1984. Most recently, Fish
served as Senior Vice-President, Commercial Banking, at Provident
Bank, a post she held from 1997 until joining Towson Community
Bank. As founder and Chairman of the Board for the Baltimore County
Small Business Resource Center, Fish has worked closely with the
College of Business and Economics at Towson University, where she
also serves as a member of the College�s Advisory Board. She is a
past Chairman of the Board and current Board Member of the
Baltimore County Chamber of Commerce. Fish was named one of
Maryland�s Top 100 Women by The Daily Record in 2005. She currently
resides in Lutherville with her husband and their two children.
Fish indicated that the Towson banking center will focus on
professional service firms, small businesses, real estate
developers and the personal banking needs of executives and
professionals. �It�s exciting to be part of a bank that will be
completely attuned to the needs of these customers in our community
and completely dedicated to providing an unprecedented level of
service to meet those needs,� she said. Fish joins Patricia M. Long
and Kathleen B. Fuchs as recent additions to the management team at
the Towson banking center. Long was hired as a Vice President last
month, after a 20 year banking career that included helping Fish
start a professional and executive banking group at Provident Bank
in 1999. Fuchs joins Towson Community Bank as a Vice President in
its commercial real estate lending group. Most recently, she was
chief lending officer at Valley Bank of Maryland. Fuchs brings over
25 years of lending experience to the Towson banking center. Anders
said AmericasBank will soon announce an opening date for its second
community banking center in Annapolis, Maryland, to be named
Annapolis Community Bank, which is pending regulatory approval.
About AmericasBank Corp. AmericasBank Corp. is the parent company
of AmericasBank, a Maryland-chartered commercial bank headquartered
in Towson, Maryland. AmericasBank is dedicated to contributing to
the growth and prosperity of the communities it serves, with a
special focus on serving the needs of the business community and
promoting home ownership. The statements in this press release that
are not historical facts constitute "forward-looking statements" as
defined by Federal Securities laws. Such statements, regarding
AmericasBank Corp.'s anticipated future results of operations, are
subject to risks and uncertainties that could cause actual results
to differ materially from future results expressed or implied by
such forward-looking statements. Potential risks and uncertainties
include, but are not limited to: the risk that AmericasBank Corp.
may continue to incur losses; the possible loss of key personnel;
the inability to successfully implement strategic initiatives; risk
of changes in interest rates, deposit flows and loan demand; risk
associated with having a large percentage of residential real
estate loans secured by investment properties; risk of an industry
concentration with respect to deposits; risk of credit losses;
risks associated with residential mortgage lending, including
acting as a correspondent lender; risk associated with a slowdown
in the housing market or high interest rates; the allowance for
loan and lease losses may not be sufficient; operational risks of
the leasing companies to which AmericasBank has extended credit in
connection with the lease portfolio; dependence on third party
vendors; risk of possible future regulatory action as a result of
past violations of the Real Estate Settlement Procedures Act; as
well as changes in economic, competitive, governmental, regulatory,
technological and other factors that may affect AmericasBank Corp.
or AmericasBank specifically or the banking industry generally.
Forward-looking statements speak only as of the date they are made.
AmericasBank Corp. will not update forward-looking statements to
reflect factual assumptions, circumstances or events that have
changed after a forward-looking statement was made. For further
information, please refer to the AmericasBank Corp.'s filings with
the U.S. Securities and Exchange Commission and available at their
web site www.sec.gov.
Americasbank (MM) (NASDAQ:AMAB)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Americasbank (MM) (NASDAQ:AMAB)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Americasbank (MM) (NASDAQ): 0 recent articles
Más de AmericasBank Corp. Artículos de Noticias