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Severn in Maryland Names a Chief Lending Officer

JAN 10, 2013 10:25am ET
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Severn Savings Bank in Annapolis, Md., has turned to a 35-year banking veteran to be its chief lending officer.

William Lindlaw will join Severn from the $219 million-asset City First Bank of DC in Washington. He will be responsible for commercial banking, mortgage lending, underwriting, risk mitigation and banking relations, the news release announcing his appointment says.

Lindlaw "will be instrumental in our growth and solidifying Severn's position as the premier community bank in the region," said Alan Hyatt, president and chief executive of the $855 million-asset Severn, in the release.

Severn operates four branches in Annapolis, Glen Burnie and Edgewater. The bank did not immediately respond to American Banker's request for comment.

Lindlaw will also be an executive vice president of Severn Bancorp (SVBI), the parent company of Severn Savings Bank.

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