Waldorf, MD – According to filings with the U.S. Securities and Exchange Commission, Community Bank of the Chesapeake is raising $15,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, William Pasenelli played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Community Bank of the Chesapeake

At Community Bank, we’re committed to exceeding our customers’ expectations. We’ve been serving the financial needs of our neighbors throughout the region for generations. For convenience, service and value, there is no place like the community. Community Bank of the Chesapeake’s home office is located in Waldorf, Maryland. The bank operates twelve retail banking centers throughout Southern Maryland and Fredericksburg, VA and five dedicated commercial lending centers throughout the region, including Annapolis, MD.

To learn more about Community Bank of the Chesapeake, visit http://www.cbtc.com/

Contact:
William Pasenelli, President and Chief Executive Officer
301-645-5601
wpasenelli@cbtc.com
https://www.linkedin.com/in/bill-pasenelli-496b4610/

SOURCE: http://www.intelligence360.io
Copyright (c) 2019 SI360 Inc. All rights reserved