Harford Bank (HFBK)

31.75 0.00 (0.00%) At close: 10:29AM EDT

Harford Bank

8 West Bel Air Avenue
Aberdeen, MD 21001
United States
410 272 5000
https://www.harfordbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 87

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael F. Allen	President & Director	419.09k	N/A	1962
Mr. Neil L. Christ M.B.A., CPA, CPA	Senior VP, CFO & Corporate Secretary	245.8k	N/A	1958
Ms. Lorrie A. Schenning	Executive VP & Chief Lending Officer	267.24k	N/A	1969
Ms. Sandra M. Osborn	Senior Vice President of Operations	N/A	N/A	1964
M. Scott Elliot	SVP of Commercial Lending & Business Development Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Harford Bank offers commercial and retail banking products and services for individuals, businesses, and governmental units in Harford County, Maryland, Cecil County, and neighboring counties. It provides various deposit services, including checking, savings, money market, certificates of deposit, and individual retirement accounts. The company also offers various commercial loans, which include secured and unsecured loans for working capital, business expansion loans, and equipment and machinery purchase loans, as well as commercial mortgages secured by real estate, real estate construction loans, and real estate acquisition loans. In addition, it provides consumer loans, such as secured and unsecured loans for financing automobiles, boats, mobile homes, education, bill consolidation, and home improvements. Further, the company offers various other banking services, including mobile banking, automated teller machine, online banking with bill payment, cash management, commercial account remote deposit capture, safe deposit boxes, direct deposit of payroll and social security checks, and ACH origination services, as well as debit, gift, and credit cards. Harford Bank was formerly known as Harford National Bank and changed its name to Harford Bank in July 2001. The company was founded in 1964 and is based in Aberdeen, Maryland.

Corporate governance

Harford Bank’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.