NEWS
By Larry Carson | July 19, 2009
An Ellicott City church's request for county government help in reducing borrowing costs on up to $10.1 million for school buildings is raising questions about the separation of church and state. The issue, in the form of a County Council resolution approving economic development revenue bonds, will be discussed at Monday night's public hearing, and is scheduled for a vote July 30. "We want to serve the community," said Glen Mar United Methodist Church's pastor, Andy Lunt, about the facilities under construction on the church's new 22-acre campus on Route 103 at New Cut Road.
NEWS
December 11, 2008
Columbia Bank's parent to get federal loan funds Fulton Financial Corp., the parent of Columbia Bank, announced yesterday that it will receive $375 million from a federal program designed to spur lending. Fulton, of Lancaster, Pa., said it received preliminary approval from the U.S. Treasury under the government's $700 billion Troubled Assets Relief Program, which sets aside $250 billion to inject cash into banks in exchange for shares. Fulton will sell senior preferred stock and warrants to purchase common stock to the Treasury in exchange for the cash.
NEWS
By Lorraine Mirabella | October 15, 2008
Executives at Baltimore's regional banks said they're hopeful that the federal government's plan to buy stakes in banks will help ease the economic crisis by stimulating lending and restoring consumer confidence in the financial system. Under the voluntary plan announced yesterday, the U.S. Treasury Department will purchase as much as $250 billion of preferred stock in up to thousands of small to large banks and thrifts as a way to spur lending to consumers and businesses. At a time of heightened anxiety about the stability of financial institutions, some banking officials and experts welcomed the action.
NEWS
September 17, 2008
Columbia Bank to merge with two others The Columbia Bank said it is merging with two of its sister banks, Hagerstown Trust Co. and The Peoples Bank of Elkton. The Columbia Bank will have total assets of $2.4 billion when the merger is completed. The three banks are all subsidiaries of Fulton Financial Corp. The merger, which is subject to the approval of bank regulators, is expected to be completed during the third quarter of next year. Andrea K. Walker Big fall in energy drops consumer prices WASHINGTON : Consumer prices in August posted the first monthly decline in nearly two years as Americans finally got some relief from surging energy prices.
NEWS
July 20, 2008
Knight used to woo bank customers Employees with the Columbia Bank and a knight in shining armor from Medieval Times restaurant at Arundel Mills mall went door-to-door delivering gifts of three jars of fruit preserves to residents of the Arundel Preserve community in Hanover to promote the opening of the bank's newest branch. The Columbia Bank's first branch in Anne Arundel County is at 7692 Dorchester Blvd. in Hanover. Clear Choice receives $70,000 grant The Anne Arundel Economic Development Corp.
NEWS
June 25, 2008
FIRN elects Meiser Verena Meiser, an attorney in the Howard County law firm Davis, Agnor, Rapaport & Skalny LLC, has been elected to the board of directors of the Columbia-based Foreign-born Information and Referral Network (FIRN). Meiser represents individuals, business and associations, and provides representation to clients in estate planning, probate, trust administration and real estate matters. She is fluent in German and Spanish, and has reading, writing and speaking skills in French and Turkish.
NEWS
May 23, 2008
River Hill's Garcia wins scholarship Leo Carelle Garcia, a senior at River Hill High School, is one of 20 students around the country to receive a Citigroup Academy of Finance Scholarship of $20,000, or $5,000 a year for four years, to be used for tuition, room, board and other educational expenses. In addition to receiving the award, Garcia will be paired with a Citigroup mentor and given a summer internship at one of Citigroup's subsidiary companies in the United States or abroad. As a student in the Academy of Finance, part of a national program of specialty classes, he has served as state president of DECA, a student organization focused on business and marketing.
NEWS
April 30, 2008
Columbia Bank to expand branch The Columbia Bank has announced plans to expand its West Friendship branch at 12800 Route 144. The bank has received naming rights for the shopping center formerly known at West Friendship Plaza, and has re-branded it "The Columbia Bank Plaza." The bank intends to more than double the present size of its branch's 1,200 square feet of space, and create larger offices for the bank's business banking and customer service representatives. The common areas and lobby will also be enlarged.
NEWS
March 26, 2008
Trinity names head of middle school Stephen Wilson has been appointed the first full-time head of Middle School at Trinity School, an independent Catholic primary and middle school in Ellicott City. A career Catholic educator, he has been middle school principal at St. Mary's Catholic International School, an all-boys school in Tokyo, Japan, for 12 years. Trinity, a coeducational school, is sponsored by the Sisters of Notre Dame de Namur. Columbia Bank hires senior vice presi dent Annie L. Geiermann, formerly senior vice president of the Citizens National Bank's Business Banking Group, has been hired by The Columbia Bank as senior vice president of its recently-formed community business banking division.
NEWS
January 6, 2008
Clarice A. Jones and John B. Wood II will be married January 12, 2008 at Turf Valley Resort in Ellicott City, MD. She received a BA in Economics from Johns Hopkins University and a MBA from the Robert G. Merrick School of Business, Baltimore, Maryland. The Bride is a Vice President in Commercial Lending with Chevy Chase Bank. She is the daughter of Bessie Jones of Baltimore, MD. The Groom is a Senior Vice President in Commercial Lending with The Columbia Bank. He attended East Carolina University receiving a BA in Finance.