Bay Bank, the bank built by entrepreneurs for entrepreneurs, announced today that Jeff Aleshire has joined the company as Senior Vice President and Senior Credit Officer.
Aleshire comes to Bay Bank with more than 20 years of experience in the banking and residential construction industry, having held several leadership positions at BB&T, Susquehanna Bank, Provident Bank of Maryland and Signet Bank. Under the strategic direction of Chief Credit Officer, Jim Kirschner, Aleshire will be responsible for developing, reviewing and analyzing credit and financial information for the bank’s large business customers and working closely with relationship managers to shape the terms and conditions of loans to ensure high quality outcomes for clients.
“As trusted advisors, our clients look to us to guarantee we are helping them achieve the best possible outcome for their business,” said Kirschner. “With Jeff’s extensive knowledge and experience with real estate and the banking industry, we are confident our client’s will feel they are in good hands. We are thrilled to have him on board.”
Bay Bank’s recent string of new hires is part of its overarching growth strategy and continued expansion throughout the Baltimore Washington Corridor. A well-known veteran of the banking industry, Aleshire’s proven client success and background in commercial real estate furthers the bank’s ability to offer diversified solutions for its customers.
“Clients that partner with us are seeking long-lasting relationships to help them transform their ideas to reality,” said Aleshire. “Bay Bank has an incredible entrepreneurial spirit just like the customers it serves, and I couldn’t be more excited to be a part of the team.”
Aleshire has previously served as Chair of the Credit Committee for Baltimore Community Development Finance Corporation, member of the Risk Management Association and Mortgage Bankers Association and was recognized as Consultant of the Year from the Homebuilders Association of Maryland of which he previously served as a member of the Board of Directors. He received his Master of Finance from Loyola University and Bachelor of Science in Economics and Business Administration from Randolph-Macon College.
Aleshire will be located at Bay Bank’s corporate headquarters in Columbia, Maryland.
About Bay Bank
Bay Bank, FSB is headquartered in Columbia, Maryland, and serves the community with a network of 11 branches strategically located throughout the region. Founded in 2010, the bank has quickly developed a strong reputation for its focus on being the bank built by entrepreneurs, for entrepreneurs. The bank has total assets of around $633 million. The bank’s parent company, Bay Bancorp, Inc., trades on the NASDAQ Capital Market under the ticker symbol “BYBK.”