Late December is a time of year that encourages us to reflect – on our achievements, our left “to dos” and the excitement of looking forward to a new year and new goals and challenges.
These reflections of course take place in a larger context. It is the time of year when some of us retell the story of a child born under a star in trying circumstances who went on to change the world, and others retell the story of a small band of fighters who won against all odds and were rewarded with the gift of lamp light. A time when many of us focus on our cultural roots and community and when all of us rejoice for the promise of the growing light that the winter solstice and the end of the shortest day of the year bodes.
Light is a recurring theme for each of us – whatever we celebrate or believe. And change is another element in all of these stories. The world is turning for all of us- at this time of year and throughout the year. Both light and change and turnings are gifts – gifts that often come with new opportunities, new roles and new responsibilities.
Howard Bank has certainly received many gifts this year – new capital, new customers, new colleagues, and new community, industry and market recognition. This was a watershed year for the bank – maybe more than any other to date in our history. We reached new heights and while we encountered many challenges, we are grateful for our many rewards. Those rewards are because of the contributions of others.
To each of our colleagues, we owe a debt of gratitude for your commitment to a vision, your hard work in service to that vision and your many individual and team achievements that moved us forward in our goal for greater impact and greater relevance in the many small and large communities we serve.
To each of our customers, we owe a similar debt of gratitude for your receptivity to our messages, for your loyalty and, of course, for your business.
So, as the new year emerges on the horizon, may each of us thrive in the opportunities that a New Year presents to us.
Happy Holidays and sincere wishes for a healthy, successful and rewarding New Year for which we will all be grateful.
We are committed to building Baltimore’s Best Business Bank. Howard Bank and 1st Mariner Bank jointly announced the signing of an agreement where Howard Bank will acquire 1st Mariner.
The combination of Howard Bank and 1st Mariner Bank enables us to achieve the vision of becoming the region’s leading business bank in a relentless way. Together, we become the largest community bank headquartered in the Baltimore metropolitan market with the 7th largest deposit market share and the second largest commercial loan share. You can read more here.
With more than 40 years of commercial banking experience in the Baltimore area, Howard Bank SVP and Relationship Manager Team Lead, Rick Botti, knows how to help local businesses succeed. It often comes in the form of capital – but most business owners aren’t sure what the best solutions for their needs are. Business owners who work with Botti and his team can trust that they are getting superior customer service, quickly.
A key aspect of managing commercial banking is recognizing that one size doesn’t fit all. Each business has unique needs. Botti and his team not only understand that – they embrace that. And as banking experts, they know the options that fit the needs of each situation. In fact, they will tailor a program of loan, deposit and cash management services to satisfy their clients’ needs and – hopefully – improve their operations.
For Botti and his team, every day is different. There are new business relationships to develop, referrals to gain through networking, meeting the needs of existing customers, underwriting and approving credit, and fostering his own associates’ careers. “I like that we have the ability to get things done quickly for our clients and the collegiality and teamwork of our associates,” Botti says.
In celebrating the recent milestone of reaching $1B in assets, Botti says, “We’ve just scratched the surface (more…)
Preservation Maryland’s ongoing work to offer preservation and rebuilding assistance in Ellicott City after the July flood is possible thanks to the support of our donors and generous partners, including, in a large part to the Maryland-owned and managed, Howard Bank.
After the devastating flood in Ellicott City at the end of July, Howard Bank, a locally owned and managed, growth-focused community bank serving the Greater Baltimore area, immediately stepped up to provide much needed services and support to those impacted. In addition, Howard Bank’s grant to Preservation Maryland directly supported the establishment of a Ellicott City Preservation Resource Center and the organization’s long-term commitment to recovery efforts by including it as Six-to-Fix project.
FROM MARY ANN SCULLY, PRESIDENT AND CEO, HOWARD BANK
“For Howard Bank, a partnership with Preservation Maryland brings together two organizations (more…)
Howard Bank Chief Executive Officer Mary Ann Scully has been named one of Maryland’s Most Admired CEOs by The Daily Record for a third year. Ms. Scully was honored on the elite list in 2012 and 2015.
The Daily Record’s annual list is an exclusive ranking of top business CEOs, nonprofit executives and community leaders in Maryland who are judged by a panel of business and legal professionals on professional accomplishments, community service, leadership and vision. Ms. Scully was selected among 25 other Maryland business CEOs and leaders.
“It is a privilege to be regarded among the top business leaders and professionals in Maryland,” said Ms. Scully. “Receiving this honor for the third year speaks volumes of the hard work, dedication and talent of our Howard Bank team. Without them none of this would have been possible.”
1. Review your budget: did you to stick to it this year? Do you need to make any adjustments? If you consistently ran over budget in one area, you may have been too strict when you planned your spending. Or if you were always over budget across the board, you may want to recommit to sensible spending – unless you had a lot of unanticipated expenses in 2015.
2. Evaluate your progress: did you meet your savings goals? Whether you were focused on building your emergency fund or stashing money for a dream trip, be sure to evaluate how far you’ve come and determine your new savings goals for 2016 early on in your financial checklist.
3. Prioritize: what would you like to do this year? Perhaps you’d like a weekly (more…)
What better way to say thank you to our customers and friends than to celebrate our success with a little wine and cheese? Howard Bank, as part of our 10-year anniversary celebration, recently hosted a wine and cheese event at each of our branches to toast our shared success. Click the link to our Facebook album for our pictures from all our fabulous events! Facebook Album.
Mobile banking has been declared the “future of banking” more than once over the past few years. Frequent appreciation of mobile banking’s potential to make personal finance more convenient has accompanied its evolution from initial text-based banking services to the sleek apps that exist today. In recent years, evidence has accumulated that supports these notions and points to increased adoption among mobile phone owners. An August Pew Research report showed that, as of July 2013, 35% of cell phone owners were using mobile banking, an increase of 17% from the (more…)