Howard Bank Named Small Business of the Year By Maryland ChambeR OF COMMERCE

Mary Ann Scully receiving Small Business of the Year Award

Howard Bank has been named Small Business of the Year by the Maryland Chamber of Commerce.

Howard County’s only locally owned and managed bank, Howard Bank, was cited in the 6-50 employees category.  Criteria upon which the nominees were judged included performance, growth, innovation, creativity, competitiveness, community involvement and more. The judging panel for the chamber’s awards program was comprised of representatives of Maryland’s business media. The awards program is designed to recognize the dedication, innovation and entrepreneurial spirit displayed by small businesses in Maryland.

“Small business is the cornerstone of our economy, not just in Maryland but throughout the country,” said Maryland Chamber Chairman Betty Buck, President of Buck Distributing Co., Inc.

The Chamber award comes on the heels of the recent announcement that Mary Ann Scully, President and CEO of Howard Bank, is a finalist for the prestigious Ernst & Young Entrepreneur Of The Year 2007 Award in the Maryland program.  According to Ernst & Young, the awards program is designed to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic, growing businesses.  Criteria include excellence in such areas as innovation, financial performance, and personal commitment to their businesses and communities. 

In addition, Rose Scharf, Senior Vice President and Relationship Manager for Howard Bank, was recently honored with the 2007 Individual Achievement Award at the 13th Annual Committee for Business and Economic Diversity Awards Program of the Howard County Economic Development Authority.

Mary Ann Scully said, “We are grateful for the recognition of the Maryland Chamber of Commerce as well as our nominator, the Howard County Chamber of Commerce, and for the recognition of Ernst and Young and the Howard County Economic Development Authority, since our bank is all about small business, and our growth over the past three years really reflects growth facilitated for other businesses and entrepreneurs.  Furthermore, we all strive, as a company and as individuals, to represent more than a small business and more than a bank but also to be a positive corporate and individual force in the community.”

Howard Bank has branches in the Village of Hickory Ridge in Columbia, on Snowden River Parkway in Ellicott City and on Johns Hopkins Road in Maple Lawn. A fourth branch in Ellicott City at the crossroads of Route 40, Centennial Lane and Frederick Road is also planned.