Shore Bancshares, Inc. and Shore United Bank Announces the Retirement David J. Bates as from the Boards of Directors, Effective from August 31, 2021
August 12, 2021 at 08:41 am EDT
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On August 9, 2021, David J. Bates provided notice of his intention to retire for personal health reasons from the Boards of Directors of Shore Bancshares, Inc. and its wholly-owned subsidiary, Shore United Bank, as well as from any committees of such Boards of Directors on which he serves, effective August 31, 2021. Mr. Bates serves as the Chair of the Executive Committee, and as a member of the Audit Committee and Nominating & Governance Committee of the Company's Board of Directors.
Shore Bancshares, Inc. is a financial holding company. The Company conducts business primarily through two wholly owned subsidiaries, Shore United Bank, N.A. (the Bank) and Mid-Maryland Title Company, Inc. (the Title Company). The Bank provides consumer and commercial banking products and services and secondary mortgage lending, trust, wealth management and financial planning services. The Bank is a national banking association chartered, which operates 42 full-service branches, 42 automatic teller machines (ATM), three interactive teller machines, five loan production offices. The Bank provides a full range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Baltimore County, Howard County, Kent County, Queen Annes County, Caroline County, Talbot County, Dorchester County, Anne Arundel County, Charles County, St Marys County and others. The Title Company engages in title work related to real estate transactions.