Chesapeake Bank Names Former Chestertown CEO to Board

Chesapeake Bank & Trust in Chestertown, Md., has named a former community bank chief executive to its board.

The $105 million-asset Chesapeake appointed Ray Tarrach to its board of directors last week. Tarrach filled one of two unoccupied seats on Chesapeake's board, CEO Glenn Wilson said.

Tarrach was previously president and CEO of Chestertown Bank, which was renamed Mercantile Eastern Shore Bank in 2004. It was acquired in 2007 by the $352 billion-asset PNC Financial Services Group, which continues to operate two branches in Chestertown.

Chesapeake was founded in 1986 and operates two branches in Chestertown.

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