Felton Magee Jr. Joins Glen Burnie Bancorp Board in September 2024
- Felton Magee Jr. was appointed to the Board of Directors of Glen Burnie Bancorp on September 16, 2024.
- He has a strong background in financial management and process improvement, with previous leadership roles in various organizations.
- His appointment is expected to drive growth and enhance the bank's operations, contributing to its strategic objectives.
On September 16, 2024, Glen Burnie Bancorp announced the appointment of Felton Magee Jr. to its Board of Directors. Magee, a seasoned business leader, brings a wealth of experience in financial management and process improvement, having previously held significant roles in various organizations, including as president and CEO of Regent HealthCare, Inc. His educational background includes a Bachelor of Science in Banking and Finance from Bowie State University and an MBA from Loyola University. Mark C. Hanna, President and CEO of Glen Burnie Bancorp, expressed confidence in Magee's ability to drive growth and enhance the bank's operations. Magee's expertise in Lean Six Sigma and project management is expected to contribute to the bank's strategic objectives, focusing on growth in both business and community service. The Chairman of the Board, John E. Demyan, highlighted the bank's 75 years of stability and the potential for future opportunities with Magee's addition to the board. His skills in process improvement are seen as a valuable asset in navigating the challenges of the banking industry. Magee aims to leverage his extensive experience to help the bank achieve new heights, emphasizing a commitment to improving business performance. His appointment is viewed as a strategic move to enhance the bank's capabilities and ensure its continued success in the competitive financial landscape.