(Columbia, Md.) - July 1, 2015 -Bay Bankannounced today that it has moved its corporate headquarters to Columbia, where it also opened a new, full-service branch on April 27. This news is the latest in a collection of recent announcements that reflect a strategic intention to grow the bank's franchise in the Baltimore Washington Corridor where there is attractive economic growth and a vibrant community of entrepreneurs.

Historically, the bank's primary geographic footprint has been in the Baltimore metropolitan area; however, a change in strategy has shifted its reach to extend into Howard County and the southern portion of the Baltimore Washington Corridor. Bay Bank recently added two board members who will be partnering with a team of bankers specifically to support the expansion into Prince George's County and Montgomery County. The Bank also appointed Richard Ohnmacht as corridor market president to focus on growth throughout Anne Arundel, Howard, Montgomery and Prince George's Counties.

'Howard County has seen tremendous development over the past decade, and moving our corporate headquarters to Columbia is the logical next step for Bay Bank as we continue to seek opportunities for growth,' said Joseph J. Thomas, president and CEO of Bay Bank. 'We've always been invested in our local communities, and this location in the heart of the Baltimore Washington Corridor will allow us to better serve entrepreneurs throughout the region.'

The headquarter change results in 14 associates relocating to Columbia and 13 associates remaining in the Lutherville sales offices. With this move, Bay Bank now has 61 full-time employees in the new headquarters location, a 20,427-square-foot space. The new corporate headquarters and full-service branch are located at 7151 Columbia Gateway Drive, staffed by a full team of professionals across commercial, consumer and mortgage services.

The branch in Columbia, focused on business customers, is approximately 200 square feet. This is part of the bank's introduction of a new, smaller concierge branch concept in light of changing banking preferences and usage patterns of traditional bank branches by businesses and consumers. The significant reduction in branch size comes at a time when Bay Bank has built out a robust portfolio of technology products that make the bank readily accessible to customers through multiple online channels.

Bay Bank has been known for its focus on commercial and small business clients and respective service offerings since being founded in 2010. With the acquisition of Carrollton Bank in 2013 and Slavie Federal Savings Bank in 2014, the Bank has extended its reach in offering a broad array of core banking services to consumers throughout the Baltimore metropolitan region. Bay Bank now has more than $480 million in assets after the acquisitions.

About Bay Bank

Bay Bank, FSB is headquartered in Columbia, Maryland and serves the community with a network of 11 branches strategically located throughout the region. Founded in 2010, the bank has quickly developed a strong reputation for its focus on the bank built by entrepreneurs for entrepreneurs. The bank has total assets of around $480 million. The bank's parent company, Bay Bancorp, Inc., trades on the NASDAQ Capital Market under the ticker symbol 'BYBK.'

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