410-778-1600 Main Branch | 410-778-2181 Washington Avenue Branch | 410-778-1600 Heron Point Branch | 410-778-2265 Automated Telephone Banking
Welcome to our new Branch

Welcome to our new Branch

Chesapeake Bank & Trust Company (CB&T) has officially opened its new branch conveniently located at 611 Washington Avenue on the southeast corner of Morgnec Road and 213. The branch is full service and also offers drive-in banking. We welcome your visit.

Paycheck Protection Program Resumes in January 2021

Chesapeake Bank & Trust Company (CB&T) will again assist its business clients with Paycheck Protection Program (PPP) applications when the U.S. Small Business Administration (SBA) reopens its online loan portal system.
While CB&T awaits additional guidance and access to SBA's online loan portal, those interested in applying can visit SBA's Paycheck Protection Program website for additional information and to download application forms.
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Although the Chesapeake Bank & Trust website may include links providing direct access to other Internet resources, including websites, Chesapeake Bank & Trust is not responsible for the accuracy or content of information contained in these sites and in particular SBA’s Paycheck Protection Program website. To continue to this site click OK

If you have questions, please call us at 410-778-1600.
Chesapeake Bank & Trust Welcomes New CEO Bob Altieri

Chesapeake Bank & Trust Welcomes New CEO Bob Altieri

December 10, 2020

Tot Strong, Chairman of the Board of Directors of Chesapeake Bank & Trust Company, today announced that the Company has hired Bob Altieri as President and CEO of both the Bank and its holding company, Chesapeake Bancorp. He will replace Glenn L. Wilson, who is retiring after serving the Bank for nearly 6 years as President and CEO.

“We are pleased to welcome Bob to our organization,” said Mr. Strong. “His experience with and enthusiasm for Maryland community banking makes him an excellent fit for Chesapeake. We are looking forward to introducing him to our clients and community.” Mr. Altieri will officially join the Bank on December 14, 2020.

Mr. Altieri obtained his B.A. in Finance from Indiana University of Pennsylvania, and shortly thereafter entered the banking industry. He spent over two decades of his early career at Carrollton Bank in Baltimore, Maryland, initially as Senior Vice President of Lending, where he was tasked with building the commercial lending department. Mr. Altieri was then promoted to President and CEO of Carrollton Bancorp and Carrollton Bank, a $370 million publicly traded community bank with eleven locations across the Baltimore metropolitan area. After successfully implementing several strategic initiatives during his 13 years as President and CEO at Carrollton, he joined Howard Bank as Executive Vice President and President of Mortgage Division in May 2013, where he built a mortgage division to support the rapid growth of the Bank.

Mr. Altieri commented: “I want to congratulate Glenn for his work and dedication over the past 6 years and wish him well in retirement. I am humbled to be selected to continue the storied history of CB&T and look forward to working with our excellent staff and Board to carry on providing the community of Chestertown and Kent County with the best banking products and services available in the marketplace.”

About Chesapeake Bank and Trust

Chesapeake Bank and Trust is a full-service community bank, locally-owned and directed by area business and community leaders. The Bank is committed to providing area residents and business owners a broad range of financial products and an unparalleled level of individual service. Chesapeake Bank and Trust’s main branch is located at 245 High Street, Chestertown, Maryland 21620.

For more information, contact Chesapeake Bank and Trust at 410-778-1600, or e-mail Bob Altieri directly at baltieri@chesapeaketrust.com.

FDIC Consumer News: COVID-19 and Your Financial Health

In April 2020, the Federal Deposit Insurance Corporation (FDIC) issued a special edition of the FDIC Consumer News called “COVID-19 and Your Financial Health.” For tips on how to keep yourself and your money safe, view the .pdf version of the newsletter, in English or Spanish, below.
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Although the Chesapeake Bank & Trust website may include links providing direct access to other Internet resources, including websites, Chesapeake Bank & Trust is not responsible for the accuracy or content of information contained in these sites and in particular the FDIC Consumer News Special Edition 2020 website pdf newsletter. To continue to this pdf click OK. To continue to the spainish language version of this pdf click OK.

E.L.B. Incorporated Expresses Gratitude for CB&T

E.L.B. Incorporated Expresses Gratitude for CB&T

On Thursday, April 30, 2020, Lori Elburn-Tucker and Mike Tucker of E.L.B. Incorporated delivered lunch to the staff of Chesapeake Bank & Trust Company. In a post shared on Facebook, E.L.B. Incorporated wrote, “Delivering lunch today to our favorite hometown bank! Thank you for being there in our community’s time of need!”

Our staff thoroughly enjoyed the delicious food from Luisa’s, and was touched by the kind gesture from our friends at E.L.B. Incorporated.

Mike Tucker & Lori Elburn-Tucker