Old Line Bank buying Damascus Community Bank for $40.7M

Maryland Chamber member Old Line Bank, based in Bowie, is acquiring Damascus Community Bank for $40.7 million in stock.  The combined bank will have a total of about $2 billion in assets.

The purchase is the fourth by Old Line Bank in the past six years.  Back in 2015, Old Line Bank announced the purchase of Owings Mills-based Regal Bank and Trust.

READ MORE

STAY
IN THE KNOW

WITH THE LEADING VOICE

SIGN UP

LATEST ARTICLES

Getting ahead of human resource challenges Maryland primaries: The numbers are in Mixing with millennials
FEATURED NEWS:

P-TECH: Maryland Chamber members partner with students at Dundalk High

LEADING VOICE ARCHIVES