Printer Friendly
The Free Library
19,595,263 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Bradford Bancorp Buys Real Estate Title Company.


BALTIMORE Baltimore, city (1990 pop. 736,014), N central Md., surrounded by but politically independent of Baltimore co., on the Patapsco River estuary, an arm of Chesapeake Bay; inc. 1745.  -- Bradford Bancorp announced today that it completed the acquisition of Best Title and Processing, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 of Towson, Maryland “Towson” redirects here. For other uses, see Towson (disambiguation).
Towson is an unincorporated community and a census-designated place in Baltimore County, Maryland, United States. The population was 51,793 at the 2000 census.
. The company will operate under the name Bradford Title, LLC.

"We formed Bradford Bancorp as our holding company in 2005 for the purpose of increasing the Bradford franchise. We are not limiting that growth to bank branches, as this acquisition demonstrates," said Dallas R. Arthur, president of Bradford Bancorp.

Also announced is the hiring of David C. Fitz to be president of Bradford Title. Mr. Fitz has over 19 years of experience in residential lending and the mortgage settlement industry.

Before this acquisition, Bradford Bank and its subsidiary Bradford Financial Group were the only holdings of Bradford Bancorp. Bradford Financial Group is a non-banking subsidiary that offers investments and insurance products. Bradford Bancorp previously announced an agreement to purchase Valley Bancorp, Hunt Valley, Maryland Maryland (mâr`ələnd), one of the Middle Atlantic states of the United States. It is bounded by Delaware and the Atlantic Ocean (E), the District of Columbia (S), Virginia and West Virginia (S, W), and Pennsylvania (N). , in a cash transaction valued at approximately $9.6 million; approval is pending.

Bradford Bancorp is the parent company of Bradford Bank, a community bank headquartered in Baltimore, Maryland "Baltimore" redirects here. For the surrounding county, see Baltimore County, Maryland. For other uses, see Baltimore (disambiguation).
Baltimore is an independent city located in the state of Maryland in the United States.
, and, as of September 30, 2006, had $450 million in assets. Bradford Bank has six branches in the greater Baltimore metropolitan area Baltimore-Towson, MD MSA is a U.S. Metropolitan Statistical Area (MSA) as defined by the United States Office of Management and Budget (OMB) as of November 2004. It is located in Maryland and had a population of 2,655,675 as of 2005, making it the 19th most populus MSA in the  and provides consumer and commercial banking services to individuals and businesses. Agreements with Allpoint ATM network and a regional bank provide over 32,000 fee-free ATMs.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 1, 2006
Words:220
Previous Article:Schaeffer's Today's Market Features: Home Depot, Warner Music Group, Ford Motor, DaimlerChrysler, and Toyota Motor.
Next Article:Western Asset Income Fund Declares Monthly Dividend Distribution.
Topics:



Related Articles
Realtors are getting connected to Stewart Title for referrals.
BANCORP HAWAII TO BUY VALLEY-BASED CALIFORNIA UNITED : DEAL ESTIMATED AT $183 MILLION.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles