PRESS RELEASE

FOR IMMEDIATE RELEASE

November 15, 2016 

EAndrews

Colombo Bank Hires Edward Andrews as Controller

Colombo Bank is pleased to announce that Edward Andrews has joined the Bank as Controller. He will be responsible for overseeing and managing the Bank’s accounting operations. Edward will be based out of Colombo Bank’s headquarters at 1600 East Gude Dr., Rockville, MD.

Edward is a veteran of the Maryland Banking industry. He lives in Columbia, MD with his wife and two sons. He is an avid sportsman and traveler.

Colombo Bank is a community bank with assets of $200 Million, and proudly serves the banking needs of the Greater Baltimore and Washington D.C. markets. With Branches in Rockville, Bethesda, Silver Spring, Baltimore, Washington D.C., and a Loan Office in Lutherville-Timonium, Colombo strives to provide exceptional service for Commercial enterprises, Real Estate enterprises, and consumers in the Baltimore-Washington corridor.

For additional information, please visit www.ColomboBank.com

Like Colombo Bank on Facebook at www.facebook.com/colombobank

Colombo Bank is an FDIC Equal Housing Lender.

 

FOR IMMEDIATE RELEASE

August 1, 2016

Colombo Bank Ends Order with Office of the Comptroller

Colombo Bank announced today that the Office of the Comptroller (OCC) terminated their Formal Agreement with the Bank, effective July 26, 2016. The Bank had entered into the Formal Agreement on December 4, 2013.

Gilbert F. Kennedy, III, President and Chief Executive Officer of the Bank, stated, “I am pleased by our complete release from this enforcement action. The dedication from our Board and every employee at Colombo, to build a solid financial institution focused on delivering a great customer experience, has been our cornerstone. My experienced Senior Management Team remains steadfast and intensely focused on enhancing this culture."

Mr. Kennedy added, “Three years ago we lost $3 Million. Last year we returned to profitability. We significantly remediated problem assets, and enhanced our Brand in the Greater Washington and Baltimore Marketplaces. Our capital levels remained strong throughout this Order. I am excited about continuing our journey and further entrenching ourselves in these markets.”

About Colombo Bank: Founded in 1914, Colombo is a full service community banking institution with five branch locations (Rockville, Bethesda, Silver Spring, Baltimore, Washington) and one loan production office (Lutherville).

Additional information is available on the Bank’s website at www.ColomboBank.com.


FOR IMMEDIATE RELEASE

March 13th, 2015

Len MurphyColombo Bank Hires Leonard Murphy as Real Estate Relationship Manager

Colombo Bank is pleased to announce that Leonard (Len) Murphy has joined the Bank as Vice President, Real Estate Relationship Manager. He will be responsible for growing the Bank’s market presence through Real Estate lending, Commercial lending, and Deposit Generation. Len will be based out of Colombo Bank’s headquarters at 1600 East Gude Dr., Rockville, MD.

Len is a 15-year veteran of the Maryland Commercial Real Estate industry. Len lives in Rockville, MD with his wife and daughter. He is an avid reader and sportsman.

Colombo Bank is a community bank with assets of $200 Million, and proudly serves the banking needs of the Greater Baltimore and Washington D.C. markets. With Branches in Rockville, Bethesda, Silver Spring, Baltimore, Washington D.C., and a Loan Office in Lutherville-Timonium, Colombo strives to provide exceptional service for Commercial enterprises, Real Estate enterprises, and consumers in the Baltimore-Washington corridor.

For additional information, please visit www.ColomboBank.com

Like Colombo Bank on Facebook at www.facebook.com/colombobank

Colombo Bank is an FDIC Equal Housing Lender.

 


FOR IMMEDIATE RELEASE

February 27th, 2015

Brendan Kennedy

Colombo Bank Establishes Social Media Presence, Hires Brendan Edward Kennedy as Social Media Coordinator

Colombo Bank is pleased to announce that Brendan Edward Kennedy has joined the Bank as Social Media Coordinator. He will be responsible for expanding, updating, and moderating the Bank’s social media presence. Brendan will be based out of Colombo Bank’s headquarters at 1600 East Gude Dr., Rockville, MD.

“We view social media as a critical channel to further the Colombo Bank brand and presence in the Greater Baltimore and Washington, D.C. marketplace,” says Altaf Shadick, Vice President, Branch Administrator at Colombo. “We are glad to have the social media expertise that Brendan brings.”

Brendan lives in Silver Spring, MD. Outside of work, he is a classically-trained actor and singer.

Colombo Bank is a community bank with assets of $200 Million, and proudly serves the banking needs of the Greater Baltimore and Washington D.C. markets. With Branches in Rockville, Bethesda, Silver Spring, Baltimore, Washington D.C., and a Loan Office in Lutherville-Timonium, Colombo strives to provide exceptional service for Commercial enterprises, Real Estate enterprises, and consumers in the Baltimore-Washington corridor.

For additional information, please visit www.ColomboBank.com

Like Colombo Bank on Facebook at www.facebook.com/colombobank

Colombo Bank is an FDIC Equal Housing Lender.