Community Bank of the Chesapeake Opens New Branch Location In Fredericksburg

WALDORF, Md., July 25, 2014 /PRNewswire/ -- Community Bank of the Chesapeake announced the opening of its new branch location in Fredericksburg's Central Park commercial area. The branch, located at 1340 Central Park Boulevard, Suite 106 opened on Tuesday, July 15, 2014.

"We are excited to open the doors to our new branch in Fredericksburg," said William Pasenelli, President and Chief Executive Officer of Community Bank of the Chesapeake. "We look forward to bringing our community-focused approach to this new market and to serving the personal and commercial banking needs of customers in Fredericksburg for years to come."

The Bank moved into the Fredericksburg market in 2013, opening a Loan Production Office in Central Park last September. Led by Vice President, Senior Lender Tony Farland, the lending team successfully established a growing commercial loan portfolio in the Rappahannock region. With the opening of the branch, the team will relocate to the Bank's new space.

Branch Manager Linda Caporali will oversee the day-to-day operations of the branch, supported by a team of customer service representatives. The branch will also house Cash Management professionals to provide products and services to commercial customers, as well as investment representatives from Community Wealth Advisors.

"The staff and I are eager to welcome the people of Fredericksburg to our new branch," Ms. Caporali said. "Fredericksburg has been my family's home for years and I have watched the community grow and flourish. I am honored to introduce Community Bank of the Chesapeake to the Fredericksburg region; a strong community bank that shares its values with the community I love."

Headquartered in Waldorf, Maryland, Community Bank of the Chesapeake is a full-service commercial bank, with assets over $1 billion.  Through its 12 banking centers and three dedicated commercial lending centers, Community Bank of the Chesapeake offers a broad range of financial products and services to individuals and businesses.  Community Bank of the Chesapeake is a wholly owned subsidiary of The Community Financial Corporation (NASDAQ: TCFC). More information about Community Bank of the Chesapeake can be found at www.cbtc.com.

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SOURCE Community Bank of the Chesapeake