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NEWS
By Donna R. Engle and Donna R. Engle,SUN STAFF | September 9, 1998
The buyer of the Taneytown bank that has served the community for 114 years is promising to continue Taneytown Bank & Trust Co.'s role as a supporter of community organizations and as a small town bank where tellers and senior vice presidents know their customers by name.But the corporate headquarters will be in Frederick, not Taneytown.F&M Bancorp of Frederick announced Friday that it will acquire Monocacy Bancshares Inc. of Taneytown, parent company of the Taneytown bank, for 2.22 million shares of F&M stock, valued at $81 million, based on yesterday's closing price.
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NEWS
By Donna R. Engle and Donna R. Engle,SUN STAFF | June 24, 1996
Taneytown Bank & Trust Co., a small-town bank whose new president has raised its aspirations, is reaching for a share of the market in two fast-growing areas of the county -- Westminster and Freedom District.Industry analysts and insiders say the aggressive stance of Taneytown Bank's Frank W. Neubauer, a former Columbia resident who took over as president and chief executive officer in 1994, mirrors the tactics of other savvy Carroll County banks whose deep local roots have grown stronger in recent years, nearly shutting large regional banks out of the growing local market.
BUSINESS
December 28, 1998
New positionsNurnberg is executive VP at Americom Inc.Americom Inc., a Lutherville firm that provides services to the wireless communications industry, hired Steven R. Nurnberg as executive vice president of its Wireless Services Group. He will oversee more than 500 employees in 30 states who provide facility and mobile-based equipment installation and removal, repair, upgrading and inventory management. Nurnberg, a Drury College (Mo.) graduate, was president of Golden, Colo.-based Superconducting Core Technologies Inc.Villa Julie College appointed Christiane Maier as director of corporate and foundation relations and Robert Reed as college store manager.
NEWS
By Bill Talbott and Bill Talbott,Staff Writer | January 30, 1994
State police, along with the FBI, members of the Carroll County Drug Task Force and Manchester officers, charged a 37-year-old man with a Fowblesburg bank robbery that took place Thursday.Roger Coleman Caple of the 2000 block of Regal Oak Drive in Manchester was arrested about 8:30 p.m. Thursday as he walked near his house, after a surveillance of several hours by the police team.Officers said they recovered a fake bomb and clothing matching that worn by a man who robbed the Farmers and Merchants Bank in Fowblesburg, Baltimore County, about 4:38 p.m. Thursday.
NEWS
March 27, 1998
Hampstead and Manchester can each hire an additional full-time police officer with more than $140,000 they are receiving in federal grants from the Office of Community Oriented Policing Services (COPS), Maryland's U.S. senators said yesterday.Hampstead will receive $73,758 and Manchester $68,074, according to a joint announcement from Democrats Paul S. Sarbanes and Barbara A. Mikulski.The COPS program, established in 1994, is administered by the U.S. Department of Justice to help local governments fight crime through improved prevention, policing and punishment.
NEWS
April 11, 1999
Carroll County's Third District Democratic Central Committee will meet at 7 p.m. tomorrow at the Eldersburg branch of Carroll County Bank & Trust to discuss solutions to the county's problems.Growth, taxes, education and other issues will be discussed.District 3 encompasses Freedom voting precincts 5-2 through 5-5, Woolery's (Finksburg) precincts 4-2 through 4-4, and Westminster precinct 7-8.The Third District committee's members are Sue Hoffman, Bernie Jones, Tom McCarron and Laura O'Callaghan.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Sun Staff Writer | October 22, 1994
Mason-Dixon Bancshares Corp. said yesterday that it has signed a letter of intent to acquire Bank Maryland Corp. of Towson.Mason-Dixon, parent of Carroll County Bank and Trust Co., will pay $11.8 million in cash and give Bank Maryland shareholders 278,000 shares of Mason-Dixon stock, said company President Thomas K. Ferguson. The overall value of the deal is $26.3 million, or $13 per share of Bank Maryland stock.Mr. Ferguson said the deal is expected to close by June 30, 1995, pending approval from stockholders and regulators.
NEWS
December 30, 1992
Representatives of local banks interested in forming a community development bank will meet with members of Carroll County's Economic Development Office in mid-January, county business development manager William Jenne told county commissioners Monday.The bank, to be financed by the county government and local commercial banks, would make low-interest loans to businesses seeking to locate in Carroll."This would be for-profit to help businesses who cannot apply for a commercial loan, but are still good investments," Mr. Jenne said.
NEWS
By Amy L. Miller and Amy L. Miller,Sun Staff Writer | April 19, 1994
After more than a year of work, the Carroll County Development Corp. (CCDC) is open for business.William E. Jenne, administrator of the county's Office of Economic Development Administrator, delivered that news to the county commissioners yesterday.The organization joins five local banks to help provide financial assistance for new or expanding companies beyond what a conventional loan can provide.Officials from Carroll County Bank and Trust, First National Bank, Frederick County National Bank, Taneytown Bank and Trust and Union National Bank each contributed about $100,000 as an initial investment to be lent to companies that show promise.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | July 15, 2000
Mercantile Bankshares Corp. said yesterday that it completed its acquisition of Union National Bancorp of Westminster in a transaction valued at about $70 million. The Baltimore-based Mercantile, which is the largest independently owned banking company in the state with $8 billion in assets, merged Union National Bank into Westminster Bank and Trust Co., a Mercantile affiliate. The deal gives Mercantile more muscle in the fast-growing Carroll County market, adding 10 branches and $310 million in assets.
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