18.01.2008 15:00:00
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Jay Baldwin Named to BankAnnapolis Board of Directors
BankAnnapolis today announced the election of Joseph G. (Jay) Baldwin,
President and CEO of Millersville, Maryland-based Reliable Contracting
Company, to its Board of Directors.
Baldwin, known for his leadership in the building and contracting
industries, heads one of Maryland’s largest
and most successful site work, road and highway construction companies.
He was recently recognized with the 2007 Ernst & Young Entrepreneur of
the Year®
Award in the Construction and Contracting Services category in Maryland,
an honor bestowed annually upon "outstanding
entrepreneurs who are building and leading dynamic, growing businesses.” "We are extremely pleased to welcome Jay
Baldwin to the BankAnnapolis Board of Directors,”
said Richard M. Lerner, Chairman and CEO of BankAnnapolis. "In
addition to bringing strong leadership skills and extensive business
expertise to the board, Jay truly understands and cares about the
communities we serve. He and BankAnnapolis share the same business
principles and values, as well as a commitment to strengthening the
community through public service and giving back. Jay will be a real
asset to BankAnnapolis and we’re fortunate to
have him on our board.” "It is an honor and privilege to be asked to
serve on the BankAnnapolis board,” Baldwin
said. "BankAnnapolis is unique in this
marketplace. It offers a level of service and financial expertise that
is unparalleled for a community bank, yet it maintains its community
bank feel and dedication to community service. I am proud to be
associated with such a fine institution.”
No stranger to the banking industry, Baldwin previously served on the
boards of the Community Bank of Maryland, based in Bowie, and F&M Bank
of Maryland, headquartered in Bethesda.
An Anne Arundel County native, Baldwin also manages several residential
and commercial real estate development companies and has been involved
in some of the area’s most successful
projects including the Quarterfield Crossing Shopping Center on Route 97
and Quarterfield Road. New projects on the way include Waugh Chapel II,
the Odenton Marc Station Public/Private Venture, Ellendale (a
residential community on Kent Island) and Kaufmann Park.
Baldwin is active in several industry groups. He is currently President
of the Maryland Highway Contractors Association and is on the board of
the Maryland Asphalt Association. In 2001, he was named "Contractor
of the Year” by the Home Builders Association
of Maryland.
Involved in many charitable and philanthropic activities, Baldwin and
his family were instrumental in getting the new School of the
Incarnation financed and built, and continue to be involved with the
Anne Arundel Medical Center and Hospice of the Chesapeake, to name a
few. A graduate of the University of Maryland, Baldwin resides in
Crownsville with his wife and three children.
BankAnnapolis contributes financial, in-kind and volunteer assistance to
numerous nonprofit institutions and organizations that assist people in
need and enhance the quality of life in the Greater Annapolis area.
Through its seven community banking offices in Anne Arundel and Queen
Anne's Counties, BankAnnapolis serves the financial needs of small
businesses, professional concerns and individuals. In 2008, the Bank
will open its eighth office in the Annapolis Towne Centre at Parole. The
Bank’s parent company, Annapolis Bancorp,
Inc. (NASDAQ:ANNB), trades on the Nasdaq Capital Market under the ticker
symbol "ANNB,” and
reported total assets of $357.5 million at September 30, 2007.
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