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NEWS
April 3, 2002
Bank of Glen Burnie is celebrating its Customer Appreciation Month with Movie Mania, Act II. Drawings will be held Fridays this month at all branch locations for Act II gift packs containing videos and passes for Hoyt's Cinema-BWI. A DVD player will be awarded in a drawing April 30. Entry forms are available from tellers at all branch locations. Information: 410-766-3300 or www. thebankofglenburnie.com. Calendar Joint meeting: Glen Burnie Town Center Committee and Glen Burnie Gateways Committee will hold a joint meeting at 9 a.m. today in Room 214, Anne Arundel Community College at Glen Burnie Town Center in Arundel Center North, 101 Crain Highway.
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BUSINESS
By Nancy Jones-Bonbrest, Special to The Baltimore Sun | May 1, 2011
If there's a volunteer board working to promote economic development in northern Anne Arundel County, Michael Livingston probably serves on it, used to serve on it or has helped it out at one time or another. Livingston, the president and CEO of the Bank of Glen Burnie, now serves as chairman of the Anne Arundel Economic Development Corp. and as chairman of the Glen Burnie Town Center Advisory Committee. Under Livingston's direction, the bank has prospered through difficult economic times.
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NEWS
By Kris Antonelli and Kris Antonelli,Sun Staff Writer | March 17, 1995
A white flag has gone up at the Bank of Glen Burnie.Former President Jan W. Clark and the old board of directors agreed yesterday to unlock the doors and turn the keys over to the newly elected leaders and president F. William Kuethe Jr.The bank's new leaders will move in and begin work today, according to a written statement released by attorneys from both sides, who met for 90 minutes in the chambers of Anne Arundel Circuit Judge Robert Heller Jr. Judge...
NEWS
January 4, 2009
4 chambers of commerce holding a legislative mixer The West Anne Arundel County, Northern Anne Arundel, Severna Park and Crofton chambers of commerce will hold a multichamber Legislative Mixer at 6 p.m. Jan. 15 at Madison Interiors, 8258 Telegraph Road, Odenton. Local delegates and council members will be available to speak with attendees. Food and beverages will be provided. The cost is $10 for chamber members, $15 for nonmembers and at the door. Information: 410-672-3422. Dance Fitness for teens, adults offered at five schools Bio-Aerobics Inc. and the Anne Arundel County Recreation and Parks Department will hold registration for Dance Fitness classes for adults and teens beginning the week of Jan. 12. Classes will be held at Lindale Middle School, High Point Elementary School, Chesapeake Bay Middle School, Linthicum Elementary School and Belle Grove Elementary School.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | August 6, 1998
The Bank of Glen Burnie said yesterday that it has reached a settlement with Ellicott City's Commercial & Farmers Bank in a lawsuit over forged checks.Michael P. Gavin, executive vice president and chief operating officer of the Glen Burnie bank, said the settlement stems from checks illegally endorsed by Brian H. Davis, the former trucking company executive who is now serving a 63-month sentence after pleading guilty to federal bank fraud and tax evasion charges last year.Davis, who is incarcerated at the Federal Correctional Institution at Cumberland, pleaded guilty Tuesday to contempt of court charges stemming from fraudulent check and credit card use unrelated to the Bank of Glen Burnie.
BUSINESS
By Peter H. Frank | December 12, 1991
Call it patriotic banking or just good business.For the past month or so, the Bank of Glen Burnie has offered an unusual deal for new car buyers: Pick an American-made car and get a 1-percentage-point discount on an auto loan.It's not the splashiest offer nor the flashiest gimmick. But it's better than a toaster, and it shows why many experts believe that little community banks can survive these difficult times: They have down-home remedies for customers they know.Indeed, the offer seems peculiar to these days, when big banks housed in offices of glass and steel are struggling against commercial real estate woes, sorely depressed earnings and rumors of tight credit.
BUSINESS
By Michael Dresser and Michael Dresser,SUN STAFF | June 26, 1997
A federal grand jury indicted a former chief loan officer at the Bank of Glen Burnie yesterday on charges that he accepted bribes in return for approving fraudulent loans to former trucking executive Brian H. Davis.The 14-count indictment in Baltimore's U.S. District Court charged that Stephen G. Boyd of Glen Burnie received cash, gifts and vacation trips from Davis as part of a corrupt relationship that would eventually cost the bank an estimated $4.5 million.Some of that money found its way into the campaign coffers of candidates supported by Davis, who contributed more than $250,000 to various politicians in Maryland and elsewhere over a five-year period.
NEWS
By Peter Hermann and Peter Hermann,Staff writer | March 6, 1992
The Bank of Glen Burnie has become the first commercial tenant to sign up with the Piney Orchard development in Odenton, starting what builders hope will be a successful village center."
NEWS
By Kris Antonelli and Joe Nawrozki and Kris Antonelli and Joe Nawrozki,Staff Writers | September 14, 1992
A man armed with a knife held seven hostages inside a Gle Burnie bank vault today after his attempt to rob the bank was foiled by a customer who escaped and flagged down a passing police officer.By mid-day, eight other hostages had either escaped or were released from the Bank of Glen Burnie in the 100 block of S. Crain Highway.When the latest hostage was released, a crowd of about 150 onlookers applauded.While police SWAT team members and uniformed officers surrounded the bank, hostage negotiators were attempting to peacefully resolve the situation, police spokeswoman Officer Terry Robey said.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | March 14, 1997
An annual meeting turned into a free-for-all yesterday as charges and counter charges flew about who is to blame for problems at the Bank of Glen Burnie.The unusually long meeting -- two hours and 40 minutes -- pitted friend against friend, family against family and current management against former management.The fight was precipitated when a group of four directors abruptly resigned two weeks ago, arguing that executives were mismanaging the bank. Three families formed the institution 47 years ago. Their children now run it or have large stakes in it.The former directors and some other shareholders made several complaints:* The bank's management has been so lax that federal regulators forced them to sign an agreement to improve lending practices.
BUSINESS
September 16, 2008
'Significant' charge at Glen Burnie Bancorp Glen Burnie Bancorp, parent company of the Bank of Glen Burnie, reported yesterday that it would record a "significant" charge against earnings during the third quarter because of losses from investments in Fannie Mae and Freddie Mac, according to a regulatory filing. The company said it held preferred stock in Fannie Mae and Freddie Mac that were AAA-rated at the time of purchase but sank in value from $3 million at the end of June to $163,000 after the federal government took control of the nation's two largest mortgage finance companies last week.
NEWS
August 17, 2007
Two charged with piracy Two Baltimore men were charged with movie and music piracy after officers found them selling CDs and movies in their car, Anne Arundel County police said. Officers responding to a report of a drug transaction in the parking lot along the 800 block of Camp Meade Road in Glen Burnie on Aug. 8 said they found a car there was filled with more than 300 CDs DVDs of current movies, including Hairspray, Transformers, The Bourne Ultimatum and The Simpsons Movie, in packaging not used by the manufacturer.
BUSINESS
December 14, 2004
Health Care Symphony Health Services appoints Jones CEO Symphony Health Services appointed R. Scott Jones as president and chief executive officer of the provider of ancillary health services. Before joining the Hunt Valley-based firm, he served as CEO of Accentia Inc. and is currently on the board of American Radiology Services Inc., an affiliate of Johns Hopkins Medical Institutions. Banking and Finance Bank of Glen Burnie promotes Ohmer, Himmel The Bank of Glen Burnie has appointed Joyce A. Ohmer as a senior vice president and Michael G. Himmel an assistant vice president.
NEWS
November 20, 1998
OCCASIONALLY, the little guy wins. After a year of resisting a takeover from First Mariner Bancorp, Glen Burnie Bancorp was able to chase off the larger banking company and its principal shareholder, Edwin F. Hale Sr.The cost of Glen Burnie's independence was considerable, however. First Mariner received $5.6 million, allowing it to reap a $1 million profit on the stake it bought a year ago. The payment reduced Glen Burnie's capital by 27 percent, substantial for any financial institution.
BUSINESS
By Bill Atkinson and Greg Schneider and Bill Atkinson and Greg Schneider,SUN STAFF TTC | March 29, 1998
In the back-room restaurant of the B&A train station, the patriarchs of Glen Burnie held court nearly every day, parceling out success or failure over lunch and the whir of slot machines.By 1949, they decided their town needed a bank, so they started one. They walked up and down streets selling stock door-to-door, and some families have been able to live off their initial investment in the Bank of Glen Burnie.Now the children of those men are running the bank, and they are tearing it apart.
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