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 OfficersItem 5.02.
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 Savings Bank, FSB (the “Bank”), today announced the appointment of Eric M. Keitzto the position of Executive Vice President and Chief Operating Officer.
A copy of the press release announcing Mr. Keitz’s appointment is furnished as Exhibit 99.1 to this Form 8-K.
| Item 9.01. |
Financial Statements and Exhibits. |
(d) Exhibits:
SEVERN BANCORP INC ExhibitEX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Nicole Donegan Senior Vice President Email: [email protected] Phone: 410.260.2000 Severn Bank Appoints Chief Operating Officer Annapolis,…To view the full exhibit click here
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.
