Allegiance Bank Names Executive

Allegiance Bank, Bethesda, Md., hired Charles V. Joyce 3d to be chief financial officer.

Mr. Joyce was formerly vice president and controller at MNC Financial. He has also worked for Sallie Mae, Freddie Mac, and Price Waterhouse.

In addition, Allegiance hired Mervis Samuels to be a vice president and commercial lender. She is responsible for lending in Prince George's County. She had been an assistant vice president at NationsBank.

The hirings came after the announcement in April of a merger with Virginia's F&M National Corp. The deal is expected to close this fall. F&M is to pay $131 million for Allegiance.

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