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Making Maryland banks stronger and more successful.

News Release – November 27, 2012

Kathleen Murphy | President and CEO | 443.837.1601 | kmurphy@mdbankers.com
Cindy Gentilcore | Senior Vice President, COO | 443.837.1602 | cgentilcore@mdbankers.com

 

For Immediate Release

Maryland Bankers Association Announces 9th Annual Financial Education Award Recipients

22 Maryland Banks Recognized for Work They Do to Improve Financial Education in Their Communities!

Annapolis, MD
(November 27, 2012). MBA’s Financial Education Awards program, bestowed by Maryland Bankers Association’s (MBA) Financial Education Council, was launched by the MBA in 2004 to recognize the outstanding efforts of our member banks who are actively engaged in financial education outreach across Maryland.

MBA’s Financial Education Awards are given in three categories for programs and activities that reinforce financial education concepts such as developing good savings, budgeting techniques, money management skills, establishing and managing credit, understanding mortgage and consumer lending products and a variety of consumer protection practices. The three award categories are: 1) School-Aged Children (Pre-School through 8th Grade); 2) Young Adults (High School & College Students); and 3) Adults and Seniors (Age 25 and older)

The financial education award entries were reviewed by MBA’s Financial Education Council based on various criteria: program; presentation materials; community impact; financial literacy concepts; and development. This year 22 banks participated in the awards program, submitting a total of 36 entries. They were honored at an awards luncheon held in conjunction with MBA’s BankNext event on Friday, November 9 at the BWI Marriott in Linthicum.

The following are the 2012 MBA Financial Education Award winners:

In the School-Age Children Category (bank assets less than $1 billion):
First place, there was a tie, and it went to:
Community Bank of Tri-County and New Windsor State Bank
Second place went to: Baltimore County Savings Bank

In the School-Age Children Category (bank assets greater than $1 billion):
First place went to: Wells Fargo Bank
Second place went to: PNC Bank

In the Young Adults Category:
First place went to: Wells Fargo Bank
Second place went to: Capital One Bank

In the Adults and Seniors Category:
First place went to: The National Bank of Cambridge
There was a tie for second place, and it went to: PNC Bank and Wells Fargo Bank

A special recognition award was also provided to the following 15 banks who submitted entries this year and who are improving financial education in Maryland’s communities:

Calvin B. Taylor Banking Company
Carroll Community Bank
Carrollton Bank
Fairmount Bank
Fraternity Federal Savings and Loan Association
Hamilton Bank
M&T Bank
Old Line Bank
Prince George’s Federal Savings Bank
Queenstown Bank of Maryland
Sandy Spring Bank
Severn Savings Bank
SunTrust Bank
The Columbia Bank
The Talbot Bank of Easton, Maryland

Congratulations to this year’s 2012 Financial Education award winners and participants! They all should be commended for the work they do all year to improve the financial education skills in their communities.

 

Founded in 1896, MBA’s member banks hold 97% of the FDIC insured deposits in Maryland in more than 1,800 branch offices.  MBA serves member banks and thrifts 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.

   

 

 

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