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Mid-Shore Commerce: A Chat With Chesapeake Bank and Trust President Bob Altieri

Mid-Shore Commerce: A Chat With Chesapeake Bank and Trust President Bob Altieri

Chesapeake Bank & Trust President Bob Altieri was recently interviewed by the The Chestertown SPY for their Mid-Shore Commerce series of articles. As reported by The SPY,

“As some community banks appear more and more on the endangered species list nationally, Bob Altieri points to his staff and Chesapeake Bank and Trust’s personal relationship with the community as the key to its successful role in local banking.

‘It’s amazing to me to think that you can have so much impact on the community by gathering deposits and lending the money back out. When eighty to ninety percent of your loans are in Kent County, that’s a pretty exciting thing,” Altieri says.’

Altieri, entering his fourth year as President of the bank, strives to make CB and T more about community relations than banking algorithms while offering a nimbler approach to lending and providing other bank services. This local focus can lead to quicker decision-making and more flexibility in lending, benefiting small businesses and individuals who may not qualify for loans from larger institutions.”

To read more from this article and to listen to this informative chat session with Bob Altieri you can visit the online publication date March 25, 2024 here.

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

Chesapeake Bank & Trust welcomes new Assistant Branch Manager, Jackie Forrest

Chesapeake Bank & Trust welcomes new Assistant Branch Manager, Jackie Forrest

February 8, 2024

Chesapeake Bank & Trust Company is pleased to announce that Jackie Forrest has joined its staff as Assistant Branch Manager. She will replace Sue St. Amour, who is retiring in April after serving the Bank for over 7 years.

“Jackie began her banking career with Chesapeake Bank & Trust, and we’re pleased to have the opportunity to work with her again,” said Bob Altieri, Chesapeake’s President & CEO. “Her client-focused approach to banking makes her a wonderful addition to our staff.”

Jackie grew up in Rock Hall and currently lives in Chestertown with her husband, daughter, and two dogs. She attended Washington College, Stevenson University, and finished her liberal arts degree at Chesapeake College. When she is not at the bank’s Washington Avenue branch, you can catch Jackie with her family at the Chestertown Farmer’s Market on Saturday mornings, teaching yoga at Foundations Island Yoga in Centreville, or on a run by the Chester River.

“I am excited to be welcomed back to Chesapeake Bank & Trust and serve our beautiful community once more,” said Jackie.

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 with a broad range of financial products and an unparalleled level of individual service.

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

Chesapeake Bank & Trust welcomes new CFO, Lynn Payne

Chesapeake Bank & Trust welcomes new CFO, Lynn Payne

May 31, 2023

Chesapeake Bank and Trust Company is pleased to announce that Lynn Payne has joined its staff as Chief Financial Officer. She will replace Pat Stanley, who is retiring after serving the Bank for nearly 9 years as CFO.

“With her extensive experience in local community banking, Lynn will make a wonderful addition to our organization,” said Mr. Altieri. “We look forward to having her join our management team.”

Mrs. Payne obtained her B.S. in Accounting from University of Maryland College Park and has held a CPA designation since 1994. After 21 years with Prince George’s Federal Savings Bank, she joined CNB as its CFO. Her career continued with Shore United Bank, where she served as Director of Finance and Director of Asset Liability Management (ALM), and had budgeting, Treasury and CECL responsibilities. Mrs. Payne and her husband, Greg, reside in Centreville with their two sons, Sean and Eric. She enjoys gardening, tennis, hiking, and traveling with her family.

“I’ve spent my entire career in community banking and most of it as a CFO. I look forward to joining the Bank and continuing with their great legacy,” said Mrs. Payne.

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 with 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.

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.

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

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