Glen Burnie Bancorp Welcomes Felton Magee Jr. to Leadership Team
Glen Burnie Bancorp Welcomes New Board Member
Glen Burnie Bancorp, the parent organization of The Bank of Glen Burnie, recently announced the appointment of Felton Magee Jr. to its Board of Directors. This decision reflects a strategic move to enhance the company’s leadership and maintain its commitment to growth amidst evolving financial landscapes.
Leadership Insights
Mark C. Hanna, the President and CEO of Glen Burnie Bancorp, expressed great confidence in Magee's capabilities. "Felton is an accomplished business leader with a strong track record in growth acceleration, strategic implementation, and process improvement," Hanna stated. This sentiment underscores the importance of strategic thinking in today’s competitive banking environment.
Felton Magee Jr.: A Proven Leader
Felton Magee brings a wealth of experience to his new role. He grew up in New Orleans and later moved to Maryland, where he pursued his education in Banking and Finance at Bowie State University, followed by an MBA from Loyola University. His qualifications, combined with Lean Six Sigma and Project Management Professional certifications, showcase his solid foundation in process optimization and efficiency enhancement.
Military and Professional Background
Before establishing his career in finance, Magee served in the United States Air Force, specifically in the civil engineering squadron. After his service, he worked at United Parcel Service (UPS) as a finance manager for almost ten years. His leadership capabilities were further honed at various reputable firms, including Arthur Andersen Management Consulting and Promesa Consulting Group, where he focused on delivering significant operational improvements and enhancing financial performance.
Recent Accomplishments at Regent HealthCare
Most recently, Magee was the president and CEO of Regent HealthCare, Maryland's largest non-franchised private pay home care company. Under his leadership, the company underwent two successful acquisitions, significantly doubling its operations and expanding into new markets. His experience in managing growth will be invaluable as he steps into his role at Glen Burnie Bancorp.
Embracing the Community Banking Mission
As a board member, Magee looks forward to contributing to The Bank of Glen Burnie's mission of supporting local businesses. He emphasizes the importance of community banking in providing essential funding to both emerging startups and established enterprises. His goal aligns with the bank's vision of fostering growth within the community and enhancing service delivery.
About Glen Burnie Bancorp
Headquartered in Glen Burnie, Maryland, Glen Burnie Bancorp has been a mainstay in the community since its founding in 1949. The Bank of Glen Burnie operates eight branches in Anne Arundel County, engaging actively in both commercial and retail banking. Services offered include a range of loan options such as mortgages, home equity lines, and personal loans, making it a vital player in supporting the financial needs of the community.
Contact for More Information
For additional details regarding Glen Burnie Bancorp and its services, please contact:
Janet Kim | Director of Marketing and Public Relations 410-768-8857 JKim@BoGB.net
Frequently Asked Questions
Who is Felton Magee Jr.?
Felton Magee Jr. is the newly appointed member of the Board of Directors of Glen Burnie Bancorp, bringing extensive experience in business leadership.
What are Magee's qualifications?
He holds a Bachelor of Science in Banking and Finance and an MBA, along with Lean Six Sigma and Project Management certifications.
What prior experience does Magee have?
Magee has served as president and CEO of Regent HealthCare and has held various financial leadership roles in reputable companies.
What is the focus of Glen Burnie Bancorp?
The focus is on community banking, providing essential financial services and support to local businesses and consumers.
How can I contact Glen Burnie Bancorp?
You can reach out to Janet Kim, the Director of Marketing and Public Relations, at 410-768-8857 or via email at JKim@BoGB.net.
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