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Making Maryland banks stronger and more successful.

News Release – January 2, 2013
Kathleen Murphy | President and CEO | 443.837.1601 |
Cindy Gentilcore
| Senior Vice President, COO | 443.837.1602 | 



Federal Reserve President Leads Economic Forum in Maryland
Bankers host first economic forum of the New Year

ANNAPOLIS, MD (January 2, 2013) – Jeffrey N, Lacker, Ph.D., president of the Federal Reserve Bank of Richmond will launch the new year by addressing Maryland’s business community as the key note speaker at a public forum featuring the head of the American Bankers Association and a panel of senior economists. This event signifies President Lacker’s first speech in 2013 as a non-voting member of the Federal Open Market Committee.

The Economic Outlook Forum is the first economic forecast event of the New Year. Hosted by the Maryland Bankers Association, this event was developed to help business leaders prepare for the year ahead. In addition to Lacker’s assessment of the national and State economies, the president and CEO of the American Bankers Association and former two-term Governor of Oklahoma Frank Keating will address the event. Also, Maryland’s best-known economist Anirban Basu, Chairman and CEO of Sage Policy Group, will moderate a panel of senior economists from some of the largest banking institutions in Maryland.

"With such important issues at stake in this region and nationally, banks and businesses will hear first hand important predictions on how our State will fare economically in the coming year," said Kathleen Murphy, President and CEO of the Maryland Bankers Association (MBA). “This is a must attend event as we all seek insights that will bring greater clarity and certainty on what lies ahead."

According to Jim Cornelsen, President & CEO of Old Line Bank, this event is not to be missed. “Each year this event provides need-to-know information. Banking and business leaders in Maryland can use this information to help position them for a successful year ahead,” Cornelsen said.

The MBA’s economic forum includes four participating Associations: Maryland Association of CPAs, Maryland Retailers Association, Maryland Chamber of Commerce, and the Maryland Association of REALTORS. “We want to give all Maryland businesses every possible advantage, and working together is good for all our members,” Murphy said.

MBA’s Economic Outlook Forum is being held on Friday, January 4, 2013 at the Renaissance Baltimore Harborplace Hotel. The key note speaker, lunch and forum will begin at 11:00 am and registration will open at 10:00 am. This event is open to the public. Registration, including the special session and lunch, is $125. Seating is limited. To register, contact MBA’s Andrea DeVilbiss (443-837-1606 / or visit MBA’s Sixth Annual First Friday Economic Outlook Forum to view the event brochure and registration materials.



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