Setting the Stage for Growth: Bank of Glen Burnie Names New Director of Commercial Banking and Vice President of Cash Management
The Bank of Glen Burnie, a subsidiary of Glen Burnie Bancorp (NASDAQ: GLBZ), has expanded its business banking team with two key appointments. Jonathan Shearin has been named director of commercial banking, and Ed Abedi has been appointed vice president of cash management. These additions aim to strengthen the bank's position as 'the bank for business' in Anne Arundel County and surrounding areas.
Shearin, previously a commercial relationship manager at Shore United Bank, brings experience in tailored banking solutions and portfolio management. Abedi, with over 20 years in commercial banking and treasury management, joins from HTLF. Both executives express enthusiasm for supporting local businesses and enhancing digital banking services.
President and CEO Mark C. Hanna emphasized that growing the bank's ability to serve local businesses is their primary goal, highlighting the bank's unique position as an independent, community-driven institution to support small businesses.
La Banca di Glen Burnie, una filiale di Glen Burnie Bancorp (NASDAQ: GLBZ), ha ampliato il proprio team di banking commerciale con due nomine chiave. Jonathan Shearin è stato nominato direttore del banking commerciale e Ed Abedi è stato nominato vicepresidente della gestione della liquidità. Questi nuovi ingressi mirano a rafforzare la posizione della banca come 'la banca per le imprese' nella contea di Anne Arundel e nelle aree circostanti.
Shearin, precedentemente manager di relazioni commerciali presso Shore United Bank, porta con sé esperienza in soluzioni bancarie su misura e gestione del portafoglio. Abedi, con oltre 20 anni di esperienza nel banking commerciale e nella gestione della tesoreria, proviene da HTLF. Entrambi gli dirigenti esprimono entusiasmo per il supporto alle imprese locali e per il potenziamento dei servizi bancari digitali.
Il presidente e CEO Mark C. Hanna ha sottolineato che la crescita delle capacità della banca di servire le imprese locali è il loro obiettivo principale, evidenziando la posizione unica della banca come istituzione indipendente e orientata alla comunità per supportare le piccole imprese.
El Banco de Glen Burnie, una subsidiaria de Glen Burnie Bancorp (NASDAQ: GLBZ), ha ampliado su equipo de banca comercial con dos nombramientos clave. Jonathan Shearin ha sido nombrado director de banca comercial, y Ed Abedi ha sido designado vicepresidente de gestión de efectivo. Estas incorporaciones buscan fortalecer la posición del banco como 'el banco para negocios' en el condado de Anne Arundel y áreas circundantes.
Shearin, anteriormente gerente de relaciones comerciales en Shore United Bank, aporta experiencia en soluciones bancarias personalizadas y gestión de portafolio. Abedi, con más de 20 años en banca comercial y gestión de tesorería, se une desde HTLF. Ambos ejecutivos expresan entusiasmo por apoyar a las empresas locales y mejorar los servicios de banca digital.
El presidente y CEO Mark C. Hanna enfatizó que aumentar la capacidad del banco para servir a las empresas locales es su objetivo principal, destacando la posición única del banco como una institución independiente y orientada a la comunidad para apoyar a las pequeñas empresas.
글렌 버니 은행은 글렌 버니 뱅코프(NASDAQ: GLBZ)의 자회사로서, 비즈니스 뱅킹 팀을 두 명의 주요 인사를 임명하여 확장했습니다. 조나단 쉐어린이 상업 뱅킹 이사로 임명되었고, 에드 아베디가 현금 관리 부사장에 임명되었습니다. 이러한 추가 인사는 앤 아룬델 카운티 및 주변 지역에서 '비즈니스의 은행'으로서의 은행의 입지를 강화하기 위한 것입니다.
쉐어린은 이전에 쇼어 유나이티드 뱅크의 상업 관계 관리자였으며, 맞춤형 뱅킹 솔루션과 포트폴리오 관리에 대한 경험을 제공합니다. 아베디는 상업 뱅킹 및 재무 관리에 20년 이상의 경력을 가지고 있으며 HTLF에서 합류했습니다. 두 임원 모두 지역 기업 지원과 디지털 뱅킹 서비스 개선에 대한 열정을 표현하고 있습니다.
마크 C. 하나 회장 및 CEO는 지역 기업을 지원하는 은행의 능력 향상이 그들의 주요 목표라고 강조하며, 작은 기업을 지원하기 위한 독립적이고 지역 사회 중심의 기관으로서 은행의 독특한 위치를 강조했습니다.
La Banque de Glen Burnie, une filiale de Glen Burnie Bancorp (NASDAQ: GLBZ), a élargi son équipe de banque d'affaires avec deux nominations clés. Jonathan Shearin a été nommé directeur de la banque commerciale, et Ed Abedi a été nommé vice-président de la gestion de trésorerie. Ces ajouts visent à renforcer la position de la banque en tant que 'la banque pour les entreprises' dans le comté d'Anne Arundel et les zones environnantes.
Shearin, précédemment responsable des relations commerciales chez Shore United Bank, apporte son expérience en solutions bancaires sur mesure et en gestion de portefeuille. Abedi, avec plus de 20 ans d'expérience dans la banque commerciale et la gestion de trésorerie, rejoint la banque depuis HTLF. Les deux dirigeants expriment leur enthousiasme à soutenir les entreprises locales et à améliorer les services bancaires numériques.
Le président et PDG Mark C. Hanna a souligné que l'augmentation de la capacité de la banque à servir les entreprises locales est leur principal objectif, mettant en avant la position unique de la banque en tant qu'institution indépendante et orientée vers la communauté pour soutenir les petites entreprises.
Die Bank von Glen Burnie, eine Tochtergesellschaft von Glen Burnie Bancorp (NASDAQ: GLBZ), hat ihr Geschäftsbanking-Team mit zwei wichtigen Ernennungen erweitert. Jonathan Shearin wurde zum Direktor für Geschäftsbanking ernannt, und Ed Abedi wurde zum Vizepräsidenten für Liquiditätsmanagement ernannt. Diese Neuzugänge sollen die Position der Bank als 'die Bank für Unternehmen' im Anne Arundel County und den umliegenden Gebieten stärken.
Shearin, zuvor Commercial Relationship Manager bei Shore United Bank, bringt Erfahrung in maßgeschneiderten Banking-Lösungen und Portfoliomanagement mit. Abedi, der über 20 Jahre Erfahrung im Geschäftsbanking und Treasury-Management verfügt, kommt von HTLF. Beide Führungskräfte zeigen sich begeistert, lokale Unternehmen zu unterstützen und die digitalen Bankdienstleistungen zu verbessern.
Präsident und CEO Mark C. Hanna betonte, dass die Erweiterung der Fähigkeit der Bank, lokale Unternehmen zu bedienen, ihr Hauptziel sei, und hob die einzigartige Position der Bank als unabhängige, gemeinschaftsorientierte Institution hervor, die kleine Unternehmen unterstützt.
- Expansion of business banking team with experienced professionals
- Focus on strengthening position as 'the bank for business' in the local market
- Potential for enhanced digital banking services for businesses
- None.
New commercial team members will bolster The Bank of Glen Burnie’s commitment to being “the bank for business” in Anne Arundel County and the surrounding market
GLEN BURNIE, Md., Oct. 22, 2024 (GLOBE NEWSWIRE) -- The Bank of Glen Burnie®, a wholly owned subsidiary of Glen Burnie Bancorp (NASDAQ: GLBZ), expanded its business banking team. Jonathan Shearin was named director of commercial banking and Ed Abedi was named vice president of cash management, announced Mark C. Hanna, President and CEO of Glen Burnie Bancorp and The Bank of Glen Burnie.
Hanna commented, “We are thrilled to welcome Jonathan and Ed to the team. Growing our ability to serve the businesses of Anne Arundel County is goal number one for the Bank. As an independent, community-driven bank, we’re uniquely positioned to support small businesses—the backbone of job creation. Jonathan will champion this message in his role, ensuring that local companies know we have the products, services and people to meet their needs. Ed will play a key role in enhancing our digital services to keep pace with continually evolving demands.”
Jonathan Shearin most recently served as a commercial relationship manager at Shore United Bank, where he worked with companies to provide banking solutions tailored to their operations and growth. Prior to this, he was a commercial relationship manager at Primis, overseeing and developing a portfolio of over
Shearin shared, “I am pleased to join the Bank of Glen Burnie. With a 75-year legacy of commitment to community and service, the Bank has deep roots in supporting local businesses. My focus will be on carrying forward that tradition, helping businesses thrive as we strengthen those connections.”
Ed Abedi has over two decades of experience in commercial banking and treasury management. Most recently, he served as vice president of commercial banking at HTLF, a regional bank headquartered in Denver, Colorado. His previous roles include positions at First Horizon Bank, EagleBank, PNC, and Bank of America Merrill Lynch (now BofA Securities), where he specialized in treasury management and commercial banking solutions. Ed is a graduate of California’s San Francisco State University.
Abedi shared, “The right digital banking tools enable companies to operate more efficiently and strategically. My role is to ensure businesses fully leverage these technologies to their advantage, which will enhance their overall experience with the Bank of Glen Burnie. I’m excited to join this team and to serve our valued customers as we continue to innovate.”
About Glen Burnie Bancorp
Glen Burnie Bancorp is a bank holding company headquartered in Glen Burnie, Maryland. Founded in 1949, The Bank of Glen Burnie® is a locally owned community bank with eight Anne Arundel County branches. The Bank is engaged in commercial and retail banking, including accepting demand and time deposits and originating loans to individuals, associations, partnerships, and corporations. The Bank’s real estate financing consists of residential first and second mortgage loans, home equity lines of credit and commercial mortgage loans. The Bank also originates automobile loans through arrangements with local automobile dealers. Additional information is available at thebankofglenburnie.com.
Forward-Looking Statements
The statements contained herein that are not historical financial information may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, which could cause the company’s actual results in the future to differ materially from its historical results and those presently anticipated or projected. These statements are evidenced by terms such as “anticipate,” “estimate,” “should,” “expect,” “believe,” “intend,” and similar expressions. Although these statements reflect management’s good faith beliefs and projections, they are not guarantees of future performance and they may not prove true. For a more complete discussion of these and other risk factors, please see the Company’s reports filed with the Securities and Exchange Commission.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2fe23ee6-9936-4985-ad76-c6f68b1003f0
FAQ
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