NEWS
By Stephanie Desmon and Arin Gencer | December 20, 2008
When Jan Darrah chose a place to do her banking about 10 years ago, she picked Provident Bank because it was small and was based right here in town. "I like to do my business locally as much as possible," the Butchers Hill art teacher said, "because I like to give my money to local business people." Yesterday, however, she learned that her bank is no longer as small or as local, after Buffalo, N.Y.-based M&T Bank Corp. agreed to purchase Provident Bankshares Corp., the largest remaining Baltimore-based banking company, in a deal worth $401 million.
NEWS
By FREDERICK N. RASMUSSEN | September 16, 2008
Lois K. Pilla, a former bank employee and longtime Homeland resident, died of breast cancer Sept. 8 at Gilchrist Hospice Care. She was 65. Lois K. Yates was born in Philadelphia and raised in Merion, Pa. After graduating from Harriton High School, she earned a bachelor's degree in English from Cedar Crest College in Allentown, Pa. After her 1965 marriage to Kenneth J. Pilla, an attorney, the couple settled in Homeland. Mrs. Pilla worked as a credit investigator for Household Finance and later was a sales associate at Hess Shoes.
NEWS
July 8, 2008
A former Westminster bank teller pleaded guilty yesterday to embezzling between $400,000 and $1 million from her bank over nine years and using the money to buy a Hummer, a Corvette and snowmobiles, according to the Maryland U.S. attorney's office. Karen L. Baer, 46, admitted committing bank fraud and faces a maximum prison sentence of 30 years and a $1 million fine, federal prosecutors said. She is scheduled to be sentenced Oct. 3 in U.S. District Court in Baltimore. Prosecutors said Baer worked as a teller from 1998 to Oct. 25 last year, when she was fired.
NEWS
By Lorraine Mirabella | May 8, 2007
Two office towers in the heart of downtown Baltimore's business district have been sold for $78.9 million, handing a Norfolk, Va., investment group an $11 million profit in less than three years. Harbor Group International LLC said yesterday that it sold the Mercantile Bank and Trust Building, a 21-story tower at 2 Hopkins Plaza, and the 16-story W. R. Grace Building, at 10 E. Baltimore St., to USA Realty Fund. Harbor Group International bought the buildings, just a block apart, in 2004, paying $67.6 million - $51.2 million for the Mercantile building and $16.4 million for the W.R. Grace building at Baltimore and Charles streets.
NEWS
By Frederick N. Rasmussen | April 4, 2007
Frederick J. Davis Sr., a retired banker who enjoyed winemaking and woodworking, died Friday of complications from a broken hip at his Bel Air home. He was 93. Mr. Davis was born in Baltimore and raised on East 28th Street and in Hamilton. He attended City College until leaving to help support his family during the Depression. He began his banking career in 1929 as a runner for Mercantile Bank & Trust Co., and later rose to teller and loan officer. In 1942, he enlisted in the Navy and served as a chief in naval communications in Washington and Hawaii.
NEWS
By Mary Gail Hare | January 15, 2007
Morton B. "Sonny" Plant, a retired metal recycling executive and philanthropist, died Wednesday from head injuries after falling on stairs at a friend's home in Baltimore. The lifelong city resident was 70. Mr. Plant, who preferred using his childhood nickname, started his career in the scrap metal industry at H. Klaff and Co. in Baltimore, his family's business. He retired in 1998 as chairman of the board of Keywell Corp. During his career, he served as president of the Institute of Scrap Iron and Steel, the industry's trade organization, which two years ago gave him its lifetime achievement award.
NEWS
By Richard Irwin and Gus G. Sentementes | October 17, 2006
A car driven by an 89-year-old man jumped the curb outside Mercantile Bank & Trust in Roland Park yesterday, injuring a security guard and causing minor damage to the building, police and a bank official said. Gary Williams, an employee of Abacus Security Services, was outside the bank in the 5100 block of Roland Ave. shortly before noon when a 2003 Honda Accord driven by Jacob Radin jumped the curb, and struck and ran over him, according to a police report. Police Sgt. Wanda Campbell said Radin, of the 3000 block of Fallstaff Road, intended to drive forward but put his car in reverse instead and lost control of it. Police said Williams sustained cuts to his face and head and was in good condition at Sinai Hospital.
NEWS
October 15, 2006
City firefighter killed A veteran Baltimore firefighter responding to a rowhouse blaze was killed in a flashover - a phenomenon that occurs when a fire gets so hot that nearby items burst into flame. Allan M. Roberts, 40, a father of four, was the first city firefighter in 11 years to die battling a blaze. Officer convicted in Smoot case A former correctional officer was convicted of second-degree murder in a stomping death at the city jail. Jurors deliberated for five days before convicting Dameon C. Woods of killing Raymond K. Smoot, 51, in 2005.
NEWS
October 10, 2006
BUSINESS +DOW+7.60 11,857.81 +NASDAQ+11.78 2,311.77 +S&P+1.08 1,350.66 +SUN INDEX+2.94 346.71NATIONAL House steps up scandal inquiry The House Ethics Committee is ramping up its investigation into a sex scandal that has roiled the Republican-controlled Congress, with the first witnesses coming to an otherwise quiet Capitol to testify this week behind closed doors on what they knew, and when, about ex-Rep. Mark Foley's contacts with male pages. pg 3A Bush steers through test fallout North Korea's claim to have tested a nuclear weapon offered a new opportunity for President Bush to turn public attention from domestic scandals to foreign threats, analysts said, but it also prompted fresh criticism of Bush's policy toward the Pyongyang regime.
NEWS
By Nicole Fuller | October 10, 2006
Underprivileged youths have been able to attend camps in Harford and Cecil counties. My Sister's Place, a day program for homeless women and their children in Baltimore, has been given money for an expansion. And for the past 25 years, students from the middle Eastern Shore have received $7,000 scholarships to attend Washington College in Chestertown. Since 1981, Baltimore-based Mercantile Bank & Trust has donated more than $27 million to local organizations through its charitable arm, the Mercantile Trust, in partnership with the Baltimore Community Foundation.