Officials of Central Maryland Farm Credit are eyeing a 3.8-acre site in the Carroll County Air Business Park to move their headquarters from Frederick to Westminster.
"We're still in the process of negotiation on a lot," said Ronald K. Byrd, president and chief executive officer. "If that goes through, we'll move our administrative headquarters to Westminster."
However, the company is not planning to close the Frederick branch. "We aren't diminishing our commitment to Frederick County in any way," Mr. Byrd said. "Frederick is our largest loan operation out of the six branches. We're able to leave more space in Frederick for branch expansion if we move."