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.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.