This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Severn Savings Bank Appoints Chief Lending Officer

ANNAPOLIS, Md., Jan. 9, 2013 /PRNewswire/ -- Severn Bancorp, Inc., (Nasdaq SVBI) parent company of Severn Savings Bank, FSB (" Severn"), today announced the appointment of William Lindlaw as Executive Vice President along with his appointment as Chief Lending Officer of Severn.  Lindlaw joins Severn from City First Bank of DC in Washington, DC where he served as Executive Vice President and Chief Credit/Lending Officer.

Lindlaw has over thirty five years of experience in the banking industry.  He has served in key management positions in both retail and lending fields.  His role at Severn will be to oversee commercial banking, mortgage lending, underwriting, risk mitigation and banking relations.

Commenting on the appointment, Alan J. Hyatt, president and chief executive officer said: "We are delighted to have someone with Bill's vast industry experience and knowledge joining our team in such an important role.  His insight will prove valuable and he will be instrumental in our growth and solidifying Severn's position as the premier community bank in the region."

About Severn Savings BankFounded in 1946, Severn Savings Bank, FSB is a full-service community bank offering a wide array of personal and commercial banking products as well as residential and commercial mortgage lending.  It has assets of approximately $850 million and four branches located in Annapolis, Edgewater and Glen Burnie.  The bank specializes in exceptional customer service and holds itself and its employees to a high standard of community contribution.  Severn is on the Web at

SOURCE Severn Bancorp, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free


DOW 18,235.39 -50.35 -0.28%
S&P 500 2,128.07 -2.75 -0.13%
NASDAQ 5,090.2430 -0.5510 -0.01%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs