Monocacy Bancshares Names Executive

Monocacy Bancshares, Taneytown, Md., appointed chairman Eric E. Glass as interim chief executive officer of the company and its Taneytown Bank and Trust.

He succeeded Frank W. Neubauer, who resigned as president and CEO to pursue other interests in the financial services industry, the company said.

Michael K. Walsch remains in charge of daily operations and reports to Mr. Glass. Mr. Walsch is the executive vice president, chief financial officer, and chief operating officer of $292 million-asset Monocacy Bancshares.

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