Community Heritage Financial, Inc. Announces New Board Member

Rhea-AI Summary

Community Heritage Financial, Inc. (OTC Pink: CMHF) has appointed Beth Dellaposta to its Board of Directors. Dellaposta brings extensive experience as the Chief Financial Officer of Doing Better Business, a woman-owned enterprise. Her local market knowledge and financial expertise are expected to enhance the company's strategic vision and community support efforts. The board expressed confidence in her leadership skills, which are anticipated to add significant value moving forward.

Positive

• Appointment of Beth Dellaposta adds local market knowledge and financial expertise.
• Expected to enhance strategic vision and community support efforts.

Negative

• None.

MIDDLETOWN, Md., March 19, 2021 /PRNewswire/ -- Community Heritage Financial, Inc. (the "Company") (OTC Pink: CMHF), the holding company for Middletown Valley Bank (the "Bank") announced the appointment of Beth Dellaposta to the Company and the Bank's Board of Directors.

Ms. Dellaposta is the Chief Financial Officer of Doing Better Business, a predominately woman-owned business with five locations in central and western Pennsylvania, one location in Maryland and one location in Ohio. She holds a Bachelor of Arts degree from the University of Maryland, Baltimore.

"On behalf of the entire Board of Directors, we are pleased to welcome Beth to our Boards," said James G. Pierne, Chairman of the Board for both entities. "Her business acumen and strong leadership skills will add tremendous value."

Ms. Dellaposta has a long history of community service and has been a member of the Hagerstown Rotary for 28 years. She also serves on the Board of Directors for Girls, Inc.

President and Chief Executive Officer Robert E. (BJ) Goetz, Jr. commented, "Beth's knowledge of our market area, combined with her financial background, makes her a great addition to our Boards. I look forward to the experience and energy she brings."

"I am excited to join the team at CMHF as a director," stated Beth Dellaposta. "I look forward to working with my fellow directors and company management to continue advancing the strategic vision of the Company and its goal of providing strong financial support to the communities it serves."

Community Heritage Financial, Inc. is the parent company for its wholly owned subsidiaries Middletown Valley Bank and Millennium Financial Group, Inc (Mlend). Middletown Valley Bank is a full-service commercial and retail bank with seven locations in Frederick County and Washington County, Maryland, as well as a loan production office in Garrett County, Maryland. For more information, visit http://www.mvbbank.com/.

Mlend is a full-service mortgage lender headquartered in Middletown, Maryland with locations in Crofton and Oakland, Maryland.  For more information visit http://mlend.com/.

Investor Relations Contact:

Community Heritage Financial, Inc.
Robert E. (BJ) Goetz, Jr.
President & Chief Executive Officer
301-371-3055
www.communityheritageinc.com

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SOURCE Community Heritage Financial, Inc.

FAQ

Who has been appointed to the board of Community Heritage Financial?

Beth Dellaposta has been appointed to the board of Community Heritage Financial, Inc.

What is Beth Dellaposta's professional background?

Beth Dellaposta is the Chief Financial Officer of Doing Better Business and has extensive experience in financial management.

What is the significance of Beth Dellaposta's appointment for CMHF?

Her appointment is expected to enhance CMHF's strategic vision and financial support to the community.

What is the stock symbol for Community Heritage Financial?

The stock symbol for Community Heritage Financial, Inc. is CMHF.