Summary
Despite a national recession, several banks are moving forward with branch expansions in Anne Arundel County even as they sell off shares to the federal government for fresh capital in return.
Bank officials said they committed to several new county locations before the economic downturn as part of their long-term strategic plans.See the full content of this document
Extract
Still Growing
"We're trying very much to be a forward-looking entity, trying to figure out which markets we want to be in," said Richard Lerner, chairman and chief executive officer of BankAnnapolis. "We've got to be looking ahead, not just the current economic conditions."
BankAnnapolis has looked ahead with its eighth branch that opened Dec. 16 at the new Annapolis Towne Centre at Parole complex, a $400 mill...See the full content of this document
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