TideMark Bank has chosen Bankers Financial Partners, a unit of Legg Mason Wood Walker, to help it launch an investment product sales program.
The $380 million-asset thrift, based in Newport News, Va., will offer mutual funds, annuities, and financial planning services through a broker employed by Bankers Financial.
Bankers Financial, based in Baltimore, is a relative newcomer to bank investment sales. Company executives say they plan to build business by offering Legg Mason's own mutual funds and support services, as well as other firms' products.
TideMark's sales program will meet customers' demand for investment products and attract new investors, said Gordon Gentry, the thrift's chairman.
