Severn Bancorp, Inc. (NASDAQ:SVBI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Severn Bancorp Inc. (NASDAQ: SVBI) (“Bancorp”), parent company of Severn Bank (the “Bank”), today announced the appointment of Erik M. Chick to the position of Executive Vice President and Chief Lending Officer.
A copy of the press release announcing Mr. Chick’s appointment is furnished as Exhibit 99.1 to this Form 8-K.
99.1 Press Release of Severn Bancorp, Inc. dated May 9, 2019 announcing appointment of Erik M. Chick as Executive Vice President and Chief Lending Officer.
SEVERN BANCORP INC Exhibit
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Nicole Donegan [email protected]
(410) 260-2045 Severn Bank Appoints Erik M. Chick Chief Lending Officer ANNAPOLIS,…
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About Severn Bancorp, Inc. (NASDAQ:SVBI)
Severn Bancorp, Inc. is a savings and loan holding company. The Company conducts business through its subsidiaries, Severn Savings Bank, FSB (the Bank) and SBI Mortgage Company (SBI). The Bank offers a range of deposit products and originates mortgages in its market of Anne Arundel County, Maryland and in other parts of Maryland, Delaware and Virginia. SBI is engaged in the origination of mortgages not suitable for the Bank. SBI owns subsidiary companies that purchase real estate for investment purposes. The Bank provides a range of personal and commercial banking services. Personal services include mortgage lending and various other lending services, as well as checking, savings, money market, time deposit and individual retirement accounts. Commercial services include commercial secured and unsecured lending services, as well as business Internet banking, corporate cash management services and deposit services.
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