MONUMENT BANK NAMES TERRI FERRARA VICE PRESIDENT OF RETAIL ADMINISTRATION, A NEW POSITION AT THE GROWING COMMUNITY BANK

December 11, 2013 (Bethesda, MD) – Monument Bank, a Maryland-chartered community bank based in Bethesda, announces today that it has appointed Terri Ferrara its Vice President of Retail Administration.

In this newly created position, Ferrara’s primary role centers on overseeing the day-to-day operations of Monument Bank’s branch network, which currently consists of locations in Bethesda and Silver Spring. In this role, she also closely works with other departments, such as deposit operations and information technology.

Prior to joining Monument Bank, Ferrara served for about 20 years in various capacities at Olney-based Sandy Spring Bank, including Senior Vice President and Retail Administrator.

“Coming on board at Monument Bank is like coming home again,” she says. “It very much reminds me of when I started at Sandy Spring Bank in 1993. A nice, smaller bank poised for significant growth. This will help me as Monument Bank continues to expand, and I’m confident that I can play a key role here.”

Ferrara adds that the culture at Monument is a strong fit for her. “Everyone at the bank knows the customers, and each other, well. It’s a great group of people,” she says. “I’m excited about the challenge of learning a new organization and new systems. I’m really looking forward to this opportunity.”

About Monument Bank:

Monument Bank, founded in 2005, is a privately held, Maryland-chartered community business bank based in Bethesda. Monument Bank currently has two branches located in Bethesda and Silver Spring and a staff of almost 60. The bank’s emphasis on quality service and state-of-the-art technology has contributed to its consistent growth and increasing profitability. The bank’s board of directors consists of business owners and senior executives from companies in the Washington, D.C., area representing such industries as finance, accounting, law, real estate, technology and academia. For more information, please visit www.monumentbank.com.