Federal Reserve Bank Appoints Howard Bank's Scully to Baltimore Office Board

January 02, 2014

Howard Bank President & CEO Mary Ann Scully has been appointed to a three-year term on the Baltimore office board of the Federal Reserve Bank of Richmond. She was appointed by the Richmond board of directors. Scully is a lifelong banker with over 35 years of varied executive experiences in the Maryland marketplace. In 2003, she headed the organizing team for Howard Bank. Scully is the immediate past chair of the Maryland Bankers Association.

The Federal Reserve Bank of Richmond serves the Fifth Federal Reserve District, which includes the District of Columbia, North Carolina, South Caroline, Virginia and most of West Virginia. As part of the nation's central bank, it is one of 12 regional Reserve banks that work together with the Federal Reserve's Board of Governors. It supervises and regulates financial institutions.

Howard Bank has four branches in Howard County, one branch in Anne Arundel County, one branch in Baltimore County and one branch in Harford County. In addition, Howard Bank has regional offices in Annapolis and Towson, and a headquarters and operating center in Howard County. The bank has announced intentions to open an additional location in the heart of Bel Air on North Main Street.

For more information, visit www.howardbank.com

About Howard Bancorp, Inc.

Howard Bancorp is a bank holding company with total assets of $467 million as of September 30, 2013. Its principal operating subsidiary, Howard Bank, located in Ellicott City, MD, is a growth-focused community bank serving businesses, professionals and individuals in the Greater Baltimore area through seven full service branches and also a regional office in Towson and Annapolis, MD. Howard Bank is a wholly owned subsidiary of Howard Bancorp, Inc. (NASDAQ: HBMD). For information, call 410-750-0020 or visit www.howardbank.com