Bay Bancorp : Bank Hires Bob Kaestner As Senior Vice President Of The Mortgage Division

FOR IMMEDIATE RELEASE

BAY BANK HIRES BOB KAESTNER AS SENIOR VICE PRESIDENT OF THE MORTGAGE DIVISION

LUTHERVILLE, MD - June 17, 2014 - Bay Bank, FSB announced today that it has hired Bob Kaestner as Residential Mortgage Sales Manager and Senior Vice President of Carrollton Mortgage Services ("CMS"), the Bank's mortgage division, reporting to Russ McAtee who will continue to run the overall mortgage operation. In this position, Kaestner will be responsible for managing all aspects of the sales process for CMS, including sales team leadership, residential mortgage production, recruitment, optimizing the borrower/customer/realtor experience and expanding the business.
Kaestner joins the Bank with over 28 years of experience in the mortgage industry including launching regional sales divisions in the Baltimore Metropolitan area. He has an extensive background in recruiting lenders, analyzing the market and developing strategies and partnerships to attain goals. Prior to coming on board with Bay Bank, Kaestner served as the Baltimore Area Sales Executive for M&T Bank's Mortgage Division for six years. He has earned many accolades for his efforts including Manager of the Year in 2012. Kaestner also spent time at Wachovia and Metrocities Mortgage as well as Bank of America managing regional mortgage divisions.
"I am thrilled about the opportunity at Bay Bank and look forward to building a top quality Residential Mortgage Loan Officer team with the full support of Bay and its unique business model," said Bob Kaestner. "Bay Bank has a long history of serving home owners and realtors in this market; the bank's current mortgage platform, capital position, and entrepreneurial growth strategy is a perfect place to build a mortgage platform.
"We are very excited to welcome Bob to the Bank," said Russ McAtee, Executive Vice President of Retail Banking. "His track record of building superior sales teams and developing customer-focused relationships will serve him well at Bay Bank," continued McAtee.
"This is a significant hire for Bay Bank and represents our commitment to continue our investment in CMS as we reposition the mortgage business in a challenging economy and build our market leading community bank in the Baltimore/Washington market," said Kevin B. Cashen, Chief Executive Officer.

www.baybankmd.com	Headquarters:	Operations Center:
	2328 West Joppa Road, Suite 325	7151 Columbia Gateway Drive, Suite A
	Lutherville, MD 21093	Columbia, MD 21046
	[phone]	[phone]

About Bay Bank

Bay Bank, FSB is headquartered in Lutherville, Maryland and is focused on providing superior customer service to the local communities in our market. Bay Bank serves the community with a network of 11 branches strategically located throughout the region. Bay Bank serves local consumers, small and medium size businesses, professionals and other valued customers by offering a broad suite of financial products and services, including on- line and mobile banking, commercial banking, cash management, mortgage lending and retail banking. A locally based financial institution, the Bank has total assets of over $500 million. The Bank's parent company, Bay Bancorp, Inc., trades on the NASDAQ Capital Market under the ticker symbol "BYBK". Investor information is available on Bay Bank's website at www.baybankmd.com.
Contact: Russ McAtee, Executive Vice President, Retail Banking
Bay Bank, FSB [phone] [e-mail]

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www.baybankmd.com	Headquarters:	Operations Center:
	2328 West Joppa Road, Suite 325	7151 Columbia Gateway Drive, Suite A
	Lutherville, MD 21093	Columbia, MD 21046
	[phone]	[phone]