Making Maryland banks stronger and more successful.
Press Release – July 3, 2012
Kathleen Murphy | President and CEO | 443.837.1601 | firstname.lastname@example.org
Allison Fields | Advocacy & Communications Outreach Specialist | 443.837.1615 | email@example.com
FOR IMMEDIATE RELEASE
Middleton Elected 116th Chairman of Maryland Bankers Association
ANNAPOLIS, MD (July 3, 2012) – Michael L. Middleton, Chairman & CEO of Community Bank of Tri-County, was elected 2012-2013 Chairman of the Maryland Bankers Association (MBA) at its Annual Convention on June 5, 2012.
The Maryland Bankers Association (MBA) is the only professional association representing the banking industry in Maryland. Founded in 1896, MBA’s mission is to make Maryland banks stronger and more successful. As the MBA’s 116th Chairman, Middleton will play a key role in representing the members’ interests to policy makers at the State and Federal levels. He will also lead the Association’s Board of Directors and Executive Committee and work directly with the MBA’s President and CEO on all matters relating to the banking industry.
During his 12-month term of office, Middleton has embraced the theme of Successful Transitions – making Maryland banks stronger through greater involvement and networking; delivering timely and relevant professional development programs and services and achieving exceptional advocacy and media relations. “The banking industry has been through a time of tremendous change since 2008, in the economy, with customer demand, through balance sheet reconfiguration and increasing public policy pressures. MBA’s member banks are embracing the transitions ahead as they serve their clients and communities across Maryland.“
According to the Association’s President and CEO Kathleen Murphy, “Mr. Middleton’s vision comes at the perfect time as the economy and the industry are improving. His experience in the banking industry at the State and national levels for more than three decades makes him uniquely positioned to lead the industry through a time of positive change.”
Mike Middleton joined Community Bank of Tri-County in 1973 and served in various management positions until 1979, when he became President and CEO of the Bank. In 2010, Mr. Middleton transitioned out of the role of President, remaining as Chair & CEO. Mr. Middleton is a Certified Public Accountant (CPA) and holds a Masters of Business Administration. From 1996 to 2004, Mr. Middleton served on the Board of Directors of the Federal Home Loan Bank of Atlanta, serving as Chairman of the Board in 2004. Mr. Middleton served on the Board of Directors of the Federal Reserve Bank, Baltimore Branch, from 2004 to 2009. He is Vice Chairman of the Board of Trustees for the College of Southern Maryland, serves on the Advisory Board of the Robert H. Smith School of Business’ Center for Financial Policy and serves on the Federal Reserve’s Community Depository Advisory Council. He also serves on several philanthropic and civic boards.
MBA also welcomed two new members to its Board of Directors: James R. Bosley, Jr., President & CEO, Farmers & Merchants Bank; and Kim Liddell, Chairman, President & CEO, The National Bank of Cambridge. John A. Scaldara, Jr., Chairman, President & CEO, The Columbia Bank, was elected to the board’s Executive Committee and will serve as Vice Chairman. Former Vice Chairman Robert A. DeAlmeida, President & CEO, Hamilton Bank, is serving as the Chairman-Elect of the Association.
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Maryland banks hold $116 Billion in deposits and employ 47,600 banking professionals. Ninety-six percent of the banks in Maryland are well capitalized (the highest regulatory designation). MBA’s member banks hold 97% of the FDIC insured deposits in Maryland in more than 1,800 branch offices. MBA serves member banks as a legislative and regulatory advocate at all levels of government, as the public relations voice for the industry, as a provider of professional education to members and a promoter of financial education to the community.