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.
