Community Bank Earns #7 Spot on SBA Lender List, Recognized by Regional Business Media
BALTIMORE, Oct. 26, 2011 /PRNewswire-USNewswire/ -- Hamilton Federal Bank, a 96-year-old community bank in Greater Baltimore today announced several new achievements and honors, including rankings within:
SBA's Baltimore Lender List
Hamilton Federal Bank placed seventh on Baltimore's Small Business Administration's Lender List, which is ranked by the dollar amounts of loans given to small businesses in the region from October, 1, 2010 through September 30, 2011. The bank provided its highest total loan amount to date, $7,225,000 SBA-guaranteed loans to small businesses in the Baltimore area. The list includes only the most active, healthy, and aggressively closing lenders and banks in the region.
SmartCEO Smart 100
Bob DeAlmeida, president and CEO of Hamilton, was recently recognized a Smart100 CEO for his leadership, strategic vision and character in running the bank. The Smart100 is an exclusive group of 100 CEOs who represent the region's most influential business leaders and have a passion for entrepreneurship as well as educating and inspiring fellow business leaders. They span many industries across Greater Baltimore, Philadelphia and Washington, DC.
SmartCEO Future 50 Award Winner
Hamilton Federal Bank was recently recognized for its accomplishments as one of the region's 50 fastest-growing companies based on employee and revenue growth over the past three years. Each Future 50 winning company CEO will be profiled in the January 2012 issue of SmartCEO, making it one of the magazine's largest and most-coveted issues.
These recent accolades parallel the bank's current rebranding initiative and period of substantial development. Over the past two years, the bank has launched retail and small business banking services - more than doubling its commercial loan portfolio - and has experienced an employee growth rate of 30 percent. In December 2009, the bank opened a fifth branch in Pasadena, Md., and in July of this year, the bank relocated its headquarters to Towson, Md.
About Hamilton Federal Bank
Founded in 1915, Hamilton Federal Bank is a community bank with more than $330 million in assets and $32 million in regulatory capital. The bank employs more than 50 people and operates five retail branch locations across Greater Baltimore, serving the communities of Cockeysville, Pasadena, Towson, and Baltimore (Overlea and Hamilton) in Maryland.
SOURCE Hamilton Federal Bank