Shore Bancshares, Inc. and Shore United Bank, National Association Announces Retirement of Edward C. Allen as Executive Vice President, Effective December 31, 2022
September 15, 2022 at 04:49 pm EDT
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On September 13, 2022, Edward C. Allen provided notice of his intention to retire as Executive Vice President of Shore Bancshares, Inc. (the Company) and Shore United Bank, National Association (the Bank). Mr. Allen's resignation will be effective as of December 31, 2022. Mr. Allen's retirement is not due to a dispute or disagreement with the Company or the Bank, and is not related to the operations, policies or practices of the Company or the Bank.
Shore Bancshares, Inc. is a financial holding company. The Company conducts business primarily through two wholly owned subsidiaries, Shore United Bank, N.A. (the Bank) and Mid-Maryland Title Company, Inc. (the Title Company). The Bank provides consumer and commercial banking products and services and secondary mortgage lending, trust, wealth management and financial planning services. The Bank is a national banking association chartered, which operates 42 full-service branches, 42 automatic teller machines (ATM), three interactive teller machines, five loan production offices. The Bank provides a full range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Baltimore County, Howard County, Kent County, Queen Annes County, Caroline County, Talbot County, Dorchester County, Anne Arundel County, Charles County, St Marys County and others. The Title Company engages in title work related to real estate transactions.
Shore Bancshares, Inc. and Shore United Bank, National Association Announces Retirement of Edward C. Allen as Executive Vice President, Effective December 31, 2022