Community banking

Maryland community bank bucks trend, pins hopes on mortgages

Glen Burnie Bancorp When Mark Hanna told his banker friends that the Maryland-based community bank he leads was planning to buy a mortgage lender, they “looked at me as if I had five eyes,” he recalled this week. The underwhelming reaction came as little surprise, said Hanna, who is the president and CEO of Glen […]

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NJ bank mourns death of longtime CEO Gerald Lipkin

Longtime Valley National Bancorp CEO Gerald Lipkin, who built the one-time New Jersey community bank into a regional institution with more than $23 billion of assets, passed away Wednesday at age 84. Gerald Lipkin, who spent nearly three decades as CEO of Valley National Bancorp in New Jersey, presiding over its expansion into a regional

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