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Merchants & Marine Bank Hires Walker as Pine Belt Market President

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Merchants & Marine Bank, a subsidiary of Merchants & Marine Bancorp, Inc. (OTC: MNMB), has appointed Grant Walker as the new Pine Belt Market President. Walker brings over 35 years of banking experience, including a notable 14-year tenure as market president at another bank where his team received regional recognition for exceptional customer service. His educational background includes a bachelor's in Comprehensive Business Administration and advanced degrees in banking from top institutions. This strategic hire aims to enhance community-focused banking as the bank continues its growth in Mississippi and Alabama.

Positive
  • Grant Walker has 35 years of banking experience, likely enhancing leadership quality.
  • Previous recognition for customer service suggests potential for improved client relations.
Negative
  • Transition period may create temporary disruption as Walker acclimatizes to the new role.
  • Concerns about continuity in leadership during the change.

PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants & Marine Bank, a wholly owned subsidiary of Merchants & Marine Bancorp, Inc. (OTC QX: “MNMB”), today announced the hiring of Grant Walker as the company’s new Pine Belt Market President. With over 35 years of service in the Magnolia State’s banking industry, Walker comes to Merchants & Marine Bank after a 14-year tenure as market president for a regional bank, leading his team of more than 70 employees to earn regional recognition for best-in-class customer service.

Grant Walker, Market President, Pine Belt, Merchants & Marine Bank (Photo: Business Wire)

Grant Walker, Market President, Pine Belt, Merchants & Marine Bank (Photo: Business Wire)

Walker holds a bachelor’s degree in Comprehensive Business Administration from the University of Nebraska at Kearney. He has graduate degree programs in bank management, advanced commercial lending, and real estate lending from the Graduate School of Banking at Louisiana State University and the Southeastern School of Advanced Commercial Lending at Vanderbilt University.

Walker has a career-long commitment to community service and has held leadership positions in the Area Development Partnership of Greater Hattiesburg, the Hattiesburg Kiwanis Club, the Pine Belt Boys and Girls Club, the Hattiesburg Downtown Association, and the Pine Belt Family YMCA.

Walker, based in Hattiesburg, joins the recently promoted Greg Hodges, now the bank’s Chief Banking Officer.

“We are honored to have Grant Walker join our team at Merchants & Marine Bank,” said Hodges. “Those of us who call Hattiesburg home know that Grant brings great value to the families and businesses of the Hub City through his well-earned professional expertise and heartfelt commitment for community service.”

“As Merchants & Marine Bank continues to grow, it’s important to remember that we will grow through hiring the kind of leaders our clients deserve,” said Merchants & Marine Bank President and CEO Clayton Legear. “I’m thrilled Grant has signed on to our mission, as he is aligned with our philosophy that those who take on leadership roles are taking on greater accountability for the well-being of the communities we serve.”

For more information on Merchants & Marine Bank, visit www.mandmbank.com.

About Merchants & Marine Bank

Merchants & Marine Bank is a community bank that provides dedicated financial service, guidance, and support to individuals and businesses throughout the Mississippi & Alabama Gulf Coast region. Headquartered in Pascagoula, Mississippi, the bank currently operates 14 branch offices and one loan and deposit production office, in addition to its new Canvas Mortgage subsidiary. Merchants & Marine Bank is a wholly owned subsidiary of Merchants & Marine Bancorp, Inc. (OTC QX: MNMB).

Clayton Legear - President and CEO

Merchants & Marine Bank

T: 228.762.3311

E: clayton.legear@mandmbank.com

Source: Merchants & Marine Bank

FAQ

Who is the new Pine Belt Market President for Merchants & Marine Bank?

Grant Walker has been appointed as the new Pine Belt Market President for Merchants & Marine Bank.

What is Grant Walker's experience before joining Merchants & Marine Bank?

Prior to joining, Grant Walker served as market president for a regional bank for 14 years, leading a team known for outstanding customer service.

What impact could Grant Walker's appointment have on Merchants & Marine Bank?

Walker’s extensive experience may enhance customer relations and support the bank's growth in the region.

What is the stock symbol for Merchants & Marine Bancorp, Inc.?

The stock symbol for Merchants & Marine Bancorp, Inc. is MNMB.

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