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I'm happy to report that on Tuesday, June 17th we completed the final step in the recapitalization of 1st Mariner Bank.
It has been a long and arduous process, but Tuesday’s closing allows us to move forward with the revitalization of 1st Mariner Bank. Now, 1st Mariner has $100 million in fresh capital, 16 branches, roughly 430 employees and meets all regulatory tests. In short, we are poised for growth.
I’d like to use this post to introduce myself as the new president and COO of 1s... [More]