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Glen Burnie Bancorp Announces Departure of CFO, Appoints Interim Treasurer and Chief Financial Officer Search Commences

Strategic Insights

— 1 min read

Glen Burnie Bancorp, a community bank based in Maryland, has announced the departure of its Chief Financial Officer, Jeffrey D. Harris, who will retire on June 30, 2025. The company has commenced a search for a new Chief Financial Officer and has appointed Mark C. Hanna, its President and Chief Executive Officer since October 2023, as interim Treasurer and interim Principal Accounting Officer effective July 1, 2025. Hanna, a seasoned banking professional with over 35 years of experience, will oversee the company's accounting and financial departments until a new Chief Financial Officer is appointed.

Key Takeaways:

  • Jeffrey D. Harris, CFO of Glen Burnie Bancorp, will retire on June 30, 2025, after serving in the role since 2017.
  • Mark C. Hanna, current President and CEO, will assume the roles of interim Treasurer and interim Principal Accounting Officer on July 1, 2025.
  • The company has commenced a search for a new Chief Financial Officer to replace Harris.
  • Hanna, a member of the company's Board of Directors, has over 35 years of experience in commercial banking, including previous roles at F&M Bank Corp. and Eastern Virginia Bankshares.
  • Artisan Advisors, an Illinois-based consulting firm, has entered into a Consulting Agreement with the company to provide interim executive management services and support for the company's financial and accounting management personnel.

Statistics:

  • 35 years: Mark C. Hanna's experience in commercial banking.
  • 2017: Year Jeffrey D. Harris became CFO of Glen Burnie Bancorp.
  • 2023: Year Mark C. Hanna became President and CEO of Glen Burnie Bancorp.
  • 57: Mark C. Hanna's age as of 2025.
  • 101 Crain Highway, S.E., Glen Burnie, MD 21061: Address of Glen Burnie Bancorp's principal executive offices.
  • (410) 766-3300: Glen Burnie Bancorp's telephone number, including area code.

Sources:

  • United States Securities and Exchange Commission (SEC) Form 8-K filed by Glen Burnie Bancorp on June 27, 2025.

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