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Community Financial in Waldorf, Md., filed a shelf registration that will allow it to raise up to $75 million over the next three years.
October 20 -
Community Bank of the Chesapeake in Waldorf, Md., plans to continue its expansion into Virginia by opening two branches in Fredericksburg over the next 18 months.
February 11 -
Community Bank of the Chesapeake in Waldorf, Md., has a new chief executive.
July 24 -
Community Financial (TCFC) in Waldorf, Md., has named William Pasenelli, its president and chief financial officer, as its next chief executive.
November 12
Community Financial Corp. in Waldorf, Md., raised $23 million from a debt offering.
The $1 billion-asset company issued the unsecured, fixed-to-floating-rate notes on Tuesday and closed the offering Friday. The notes are due in 2025.
Community plans to use the net proceeds from this offering to redeem $20 million of outstanding preferred stock issued under the Small Business Lending Fund program. The
The remaining funds will contribute capital to the company's subsidiary, Community Bank of the Chesapeake, and support organic growth and future acquisitions.
Keefe, Bruyette & Woods served as the sole book-running manager.
