Howard Bank's Scully Appointed to Private Sector Commission

March 25, 2014

Howard Bank President & CEO Mary Ann Scully has been appointed to a private sector commission created to focus on Maryland's economic development structure and incentive programs. She is one 20 members, according to the announcement from State Senate President Thomas V. Mike Miller, Jr., and House Speaker Michael E. Busch.

"The competition for jobs and economic development will no longer be limited to Maryland versus our sister states. It is going to be a global competition," said Senate President Miller. "We are asking for the expertise of these distinguished individuals because we don't want Maryland to merely 'compare favorably' to other places in the world. We plan to be at the forefront of the innovation economy of the future."

"This commission is critically important to map out the future growth of Maryland's economy," said Speaker Busch. "This panel of private sector leaders have state, national and global experience in promoting business competitiveness and I believe they will produce a blueprint for the next Governor and next legislature to guide our policy making decisions to continue Maryland's economic and private sector growth and prosperity."

A banker for over 30 years, Scully opened Howard Bank in 2003. The company now includes eight full service branches and regional offices in Annapolis and Towson, and mortgage operations throughout the Central Maryland area. She is the immediate past chair of the Maryland Bankers Association and currently serves as a trustee of Catholic Charities and a board member of Kennedy Krieger Institute. She sits on the President's Advisory Council of the Maryland Chamber of Commerce.

About Howard Bancorp, Inc.

Howard Bancorp is a bank holding company with total assets of $499.9 million as of December 31, 2013. Its principal operating subsidiary, Howard Bank, headquartered 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 regional offices in Annapolis and Towson, MD, and mortgage operations throughout the Central Maryland area. Howard Bank is a wholly owned subsidiary of Howard Bancorp (NASDAQ: HBMD). For information, call 410-750-0020 or visit www.howardbank.com