MONUMENT BANK NAMES TSEGAYE DESSALEGN ASSISTANT VICE PRESIDENT, RISK ANALYST

December 16, 2013 (Bethesda, MD) – Monument Bank, a Maryland-chartered community bank based in Bethesda, announces today that it has appointed Tsegaye Dessalegn Assistant Vice President, Risk Analyst.

In his new role, Dessalegn will focus on enterprise risk management – that is, analyzing the bank’s credit, operational and other risks.

Prior to joining Monument Bank, he worked for several years in a variety of positions at Bethesda-based EagleBank, including database and loan administration.

Recently, Dessalegn earned a Master’s degree in accounting, with an internal audit focus, from the University of Maryland.

“I’m excited to come on board at Monument Bank,” Dessalegn says. “I had heard a lot about Monument, a healthy bank that continues to grow and has a terrific reputation in the marketplace. This is a wonderful opportunity to further advance my career in risk management.”

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.