Apr 7, 2024 | FEATURED, In the Community, News
March 30, 2024
Chesapeake Bank & Trust President Bob Altieri was recently interviewed by the Chestertown SPY. The chat brought forth some enlightening perspectives on the state of commerce on the mid Eastern Shore of Maryland. As reported by the SPY “Altieri, entering his fourth year as President of the bank, strives to make CB&T (Chesapeake Bank & Trust) more about community relations than banking algorithms while offering a nimbler approach to lending and providing other bank services. This local focus can lead to quicker decision-making and more flexibility in lending, benefiting small businesses and individuals who may not qualify for loans from larger institutions.”
To listen to the interview please visit the SPY online here.
About Chesapeake Bank and Trust
Chesapeake Bank and Trust is a full-service community bank, locally owned and directed by area business and community leaders. The Bank is committed to providing area residents and business owners with a broad range of financial products and an unparalleled level of individual service. Chesapeake Bank and Trust’s main branch is located at 245 High Street, Chestertown, Maryland 21620.
For more information, contact Chesapeake Bank and Trust at 410-778-1600, or e-mail Bob Altieri directly at baltieri@chesapeaketrust.com.
Jun 7, 2023 | IMPORTANT NEWS, News
May 31, 2023
Chesapeake Bank and Trust Company is pleased to announce that Lynn Payne has joined its staff as Chief Financial Officer. She will replace Pat Stanley, who is retiring after serving the Bank for nearly 9 years as CFO.
“With her extensive experience in local community banking, Lynn will make a wonderful addition to our organization,” said Mr. Altieri. “We look forward to having her join our management team.”
Mrs. Payne obtained her B.S. in Accounting from University of Maryland College Park and has held a CPA designation since 1994. After 21 years with Prince George’s Federal Savings Bank, she joined CNB as its CFO. Her career continued with Shore United Bank, where she served as Director of Finance and Director of Asset Liability Management (ALM), and had budgeting, Treasury and CECL responsibilities. Mrs. Payne and her husband, Greg, reside in Centreville with their two sons, Sean and Eric. She enjoys gardening, tennis, hiking, and traveling with her family.
“I’ve spent my entire career in community banking and most of it as a CFO. I look forward to joining the Bank and continuing with their great legacy,” said Mrs. Payne.
About Chesapeake Bank and Trust
Chesapeake Bank and Trust is a full-service community bank, locally owned and directed by area business and community leaders. The Bank is committed to providing area residents and business owners with a broad range of financial products and an unparalleled level of individual service. Chesapeake Bank and Trust’s main branch is located at 245 High Street, Chestertown, Maryland 21620.
For more information, contact Chesapeake Bank and Trust at 410-778-1600, or e-mail Bob Altieri directly at baltieri@chesapeaketrust.com.
Nov 2, 2022 | In the Community, News
Chesapeake Bank & Trust Company (CB&T) has officially opened its new branch conveniently located at 611 Washington Avenue on the southeast corner of Morgnec Road and 213. The branch is full service and also offers drive-in banking. We welcome your visit.
Jan 11, 2021 | IMPORTANT NEWS, News
Chesapeake Bank & Trust Company (CB&T) will again assist its business clients with Paycheck Protection Program (PPP) applications when the U.S. Small Business Administration (SBA) reopens its online loan portal system.
If you have questions, please call us at 410-778-1600.
Dec 10, 2020 | IMPORTANT NEWS, News
December 10, 2020
Tot Strong, Chairman of the Board of Directors of Chesapeake Bank & Trust Company, today announced that the Company has hired Bob Altieri as President and CEO of both the Bank and its holding company, Chesapeake Bancorp. He will replace Glenn L. Wilson, who is retiring after serving the Bank for nearly 6 years as President and CEO.
“We are pleased to welcome Bob to our organization,” said Mr. Strong. “His experience with and enthusiasm for Maryland community banking makes him an excellent fit for Chesapeake. We are looking forward to introducing him to our clients and community.” Mr. Altieri will officially join the Bank on December 14, 2020.
Mr. Altieri obtained his B.A. in Finance from Indiana University of Pennsylvania, and shortly thereafter entered the banking industry. He spent over two decades of his early career at Carrollton Bank in Baltimore, Maryland, initially as Senior Vice President of Lending, where he was tasked with building the commercial lending department. Mr. Altieri was then promoted to President and CEO of Carrollton Bancorp and Carrollton Bank, a $370 million publicly traded community bank with eleven locations across the Baltimore metropolitan area. After successfully implementing several strategic initiatives during his 13 years as President and CEO at Carrollton, he joined Howard Bank as Executive Vice President and President of Mortgage Division in May 2013, where he built a mortgage division to support the rapid growth of the Bank.
Mr. Altieri commented: “I want to congratulate Glenn for his work and dedication over the past 6 years and wish him well in retirement. I am humbled to be selected to continue the storied history of CB&T and look forward to working with our excellent staff and Board to carry on providing the community of Chestertown and Kent County with the best banking products and services available in the marketplace.”
About Chesapeake Bank and Trust
Chesapeake Bank and Trust is a full-service community bank, locally-owned and directed by area business and community leaders. The Bank is committed to providing area residents and business owners a broad range of financial products and an unparalleled level of individual service. Chesapeake Bank and Trust’s main branch is located at 245 High Street, Chestertown, Maryland 21620.
For more information, contact Chesapeake Bank and Trust at 410-778-1600, or e-mail Bob Altieri directly at baltieri@chesapeaketrust.com.
