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Frederick County Bank Names Bill Talley President & CEO

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President & CEO Marty Lapera Retiring

November 27, 2018 09:17 AM Eastern Standard Time

FREDERICK, Md.–(BUSINESS WIRE)–Frederick County Bancorp, Inc. (the “Company”) (OTCPink Marketplace: FCBI), the parent company for Frederick County Bank (“FCB”), announces that it has elevated longtime Executive Vice-President, Chief Financial Officer and Chief Operating Officer Bill Talley to the role of President and Chief Executive Officer. Talley replaces Marty Lapera who will retire effective March 31, 2019 to spend more time with family, traveling, and being an even bigger advocate for the Frederick community.

Talley, 63, was born and raised in Frederick. He became Frederick County Bank’s first employee in May of 2001 and has been an integral part of the bank’s growth and success.

Lapera, 65, will assist with Talley’s transition and the Frederick fixture will continue to serve as an asset for the bank over the next several months until his retirement in the spring. He will continue to represent FCB at events, engage with clients and prospects, and develop business and community relationships.

Raymond Raedy, the Chairman of the Board of Frederick County Bank said, “We thank Marty for all he has done since we started the bank in 2001 and wish him well in the next chapter of his life. We are fortunate to have someone as capable, experienced and trustworthy as Bill to step in and become our next President and Chief Executive Officer. Bill is a well-known member of our community and I am confident that the transition will be a seamless one and our clients will be unaffected and continue to receive the great service they have come to expect from our outstanding team.”

Frederick County Bank is headquartered in Frederick, Maryland and offers financial products and services to businesses and individuals through five bank centers located in Frederick County, Maryland.

The award-winning bank has been celebrated repeatedly over the years. Some of the accolades include: 2017 & 2018 “Best Bank” and 2018 “Best Company To Work For” Finalist by The Frederick News-Post; 2018 “Best Bank” by Frederick Magazine.

The team at Frederick County Bank is very active in the community through volunteerism. FCB employees have volunteered with the United Way, Blessings in a Backpack, Habitat for Humanity of Frederick County, the Frederick County Humane Society and Downtown Frederick Partnership. In addition, the bank has supported events including First Saturday, Movie Night on the Creek, Alive @5, It’s a Wonderful Life at the Weinberg, Blue Crabs & Blue Prints, Catoctin Affair, the Great Frederick Fair and more.

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