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Community Heritage Financial, Inc. Announces New Member to the Board of Directors

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Community Heritage Financial, Inc. (OTCPK: CMHF), the holding company for Middletown Valley Bank, has appointed Kelly Schulz as an independent director to its board and that of the Bank. Schulz, currently the CEO of the Maryland Tech Council, brings valuable expertise to support the company's sustainable growth strategy. Her background includes serving as Secretary of the Maryland Department of Commerce and the Department of Labor, Licensing, and Regulation, as well as a term in the Maryland House of Delegates.

James G. Pierne, Chairman of the Board, and Robert E. (BJ) Goetz, Jr., President and CEO, expressed enthusiasm about Schulz's appointment, highlighting her commitment to Frederick and Maryland. Community Heritage Financial, Inc. operates through Middletown Valley Bank, serving Maryland and Pennsylvania, and its subsidiary Mlend, a full-service mortgage lender.

Community Heritage Financial, Inc. (OTCPK: CMHF), la holding di Middletown Valley Bank, ha nominato Kelly Schulz come direttore indipendente nel suo consiglio e in quello della Banca. Schulz, attualmente CEO del Maryland Tech Council, porta una preziosa esperienza per supportare la strategia di crescita sostenibile dell'azienda. Il suo background include ruoli come Segretario del Dipartimento del Commercio del Maryland e del Dipartimento del Lavoro, Licenze e Regolamentazione, oltre a un mandato nella Camera dei Delegati del Maryland.

James G. Pierne, Presidente del Consiglio, e Robert E. (BJ) Goetz, Jr., Presidente e CEO, hanno espresso entusiasmo per la nomina di Schulz, sottolineando il suo impegno verso Frederick e il Maryland. Community Heritage Financial, Inc. opera attraverso Middletown Valley Bank, servendo il Maryland e la Pennsylvania, e la sua controllata Mlend, un prestatore ipotecario a servizio completo.

Community Heritage Financial, Inc. (OTCPK: CMHF), la empresa matriz de Middletown Valley Bank, ha nombrado a Kelly Schulz como directora independiente en su junta y en la del Banco. Schulz, actualmente CEO del Maryland Tech Council, aporta valiosa experiencia para apoyar la estrategia de crecimiento sostenible de la compañía. Su trayectoria incluye haber sido Secretaria del Departamento de Comercio de Maryland y del Departamento de Trabajo, Licencias y Regulación, así como un período en la Cámara de Delegados de Maryland.

James G. Pierne, Presidente de la Junta, y Robert E. (BJ) Goetz, Jr., Presidente y CEO, expresaron su entusiasmo por el nombramiento de Schulz, destacando su compromiso con Frederick y Maryland. Community Heritage Financial, Inc. opera a través de Middletown Valley Bank, sirviendo a Maryland y Pennsylvania, y su filial Mlend, un prestamista hipotecario de servicio completo.

Community Heritage Financial, Inc. (OTCPK: CMHF), Middletown Valley Bank의 모회사,는 Kelly Schulz를 이사로 임명했습니다. Schulz는 현재 메릴랜드 테크 협회의 CEO로, 회사의 지속 가능한 성장 전략을 지원하기 위해 가치 있는 전문 지식을 제공합니다. 그녀의 경력에는 메릴랜드 상무부 및 노동, 면허, 규제부서의 장관으로 재직한 경험과 메릴랜드 하원의원으로 활동한 기간이 포함됩니다.

이사회의 의장인 James G. Pierne와 사장 겸 CEO인 Robert E. (BJ) Goetz, Jr.는 Schulz의 임명에 대해 열정을 표하며, 그녀의 Frederick와 Maryland에 대한 헌신을 강조했습니다. Community Heritage Financial, Inc.는 Middletown Valley Bank를 통해 메릴랜드와 펜실베니아에서 운영되며, 자회사 Mlend는 완전한 서비스의 모기지 대출업체입니다.

Community Heritage Financial, Inc. (OTCPK: CMHF), la société holding de Middletown Valley Bank, a nommé Kelly Schulz en tant que directeur indépendant de son conseil d'administration et de celui de la Banque. Schulz, actuellement PDG du Maryland Tech Council, apporte une expertise précieuse pour soutenir la stratégie de croissance durable de l'entreprise. Son parcours inclut des postes en tant que secrétaire du Département du Commerce du Maryland et du Département du Travail, des Licences et de la Réglementation, ainsi qu'un mandat à la Chambre des Députés du Maryland.

James G. Pierne, président du conseil, et Robert E. (BJ) Goetz, Jr., président et directeur général, ont exprimé leur enthousiasme concernant la nomination de Schulz, soulignant son engagement envers Frederick et le Maryland. Community Heritage Financial, Inc. opère par l'intermédiaire de Middletown Valley Bank, servant le Maryland et la Pennsylvanie, ainsi que sa filiale Mlend, un prêteur hypothécaire offrant un service complet.

Community Heritage Financial, Inc. (OTCPK: CMHF), die Holdinggesellschaft von Middletown Valley Bank, hat Kelly Schulz als unabhängige Direktorin in ihren und den Vorstand der Bank berufen. Schulz, derzeit CEO des Maryland Tech Council, bringt wertvolle Fachkenntnisse mit, um die nachhaltige Wachstumsstrategie des Unternehmens zu unterstützen. Zu ihrem Hintergrund gehört die Tätigkeit als Sekretärin des Maryland Department of Commerce sowie des Department of Labor, Licensing, and Regulation, sowie eine Amtszeit im Maryland House of Delegates.

James G. Pierne, Vorsitzender des Vorstands, und Robert E. (BJ) Goetz, Jr., Präsident und CEO, äußerten sich begeistert über Schulz' Ernennung und hoben ihr Engagement für Frederick und Maryland hervor. Community Heritage Financial, Inc. operiert über die Middletown Valley Bank, die Maryland und Pennsylvania bedient, sowie ihre Tochtergesellschaft Mlend, einen Vollservice-Hypothekendarlehensgeber.

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MIDDLETOWN, Md., Aug. 5, 2024 /PRNewswire/ -- Community Heritage Financial, Inc. (the "Company") (OTCPK: CMHF), the holding company for Middletown Valley Bank (the "Bank") today announced the appointment of Kelly Schulz as an independent director to the boards of the Company and the Bank.

"We are delighted to welcome Kelly as a new director," said James G. Pierne, Chairman of the Board for both entities. "Her expertise will provide valuable perspectives as we continue to execute the Company's sustainable growth strategy and deliver long-term shareholder value."

President and Chief Executive Officer Robert E. (BJ) Goetz, Jr. added, "I am excited Kelly is joining the leadership of the Bank. Her commitment to Frederick and the state of Maryland is exemplary and will be invaluable in leading us forward."

Ms. Schulz is currently the Chief Executive Officer of the Maryland Tech Council, the largest technology and life sciences trade association in the state of Maryland. Previously held positions include Secretary of the Maryland Department of Commerce and Secretary of the Maryland Department of Labor, Licensing, and Regulation. She served as a member of the Maryland House of Delegates for four years. Ms. Schulz is a graduate of Hood College.

"I am honored to join the board of directors of such a vibrant and community-focused organization, and I look forward to contributing my leadership skills in support of the Company's mission," Ms. Schulz said.

Community Heritage Financial, Inc. is the parent company of Middletown Valley Bank and its subsidiary, Millennium Financial Group, Inc (Mlend). Middletown Valley Bank is a full-service commercial and retail bank with locations in the Maryland counties of Frederick, Garrett, and Washington, and in Franklin County, Pennsylvania. For more information, visit https://www.mvbbank.com/.

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

Investor Relations Contact:

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/community-heritage-financial-inc-announces-new-member-to-the-board-of-directors-302214698.html

SOURCE Community Heritage Financial, Inc.

FAQ

Who is the new board member appointed to Community Heritage Financial, Inc. (CMHF)?

Kelly Schulz has been appointed as an independent director to the boards of Community Heritage Financial, Inc. (CMHF) and Middletown Valley Bank on August 5, 2024.

What is Kelly Schulz's current position outside of CMHF?

Kelly Schulz is currently the Chief Executive Officer of the Maryland Tech Council, the largest technology and life sciences trade association in the state of Maryland.

What previous government positions has Kelly Schulz held in Maryland?

Kelly Schulz previously served as Secretary of the Maryland Department of Commerce, Secretary of the Maryland Department of Labor, Licensing, and Regulation, and as a member of the Maryland House of Delegates for four years.

Where does Community Heritage Financial, Inc. (CMHF) operate its banking services?

Community Heritage Financial, Inc. (CMHF) operates Middletown Valley Bank with locations in Frederick, Garrett, and Washington counties in Maryland, and in Franklin County, Pennsylvania.

What subsidiary does Community Heritage Financial, Inc. (CMHF) own in the mortgage sector?

Community Heritage Financial, Inc. (CMHF) owns Millennium Financial Group, Inc (Mlend), a full-service mortgage lender with offices in Middletown, Crofton, and Oakland, Maryland.

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