Farmers and Merchants Bancshares, Inc. and Farmers and Merchants Bank Announces Retirement of James R. Bosley Jr. as President
January 20, 2022 at 05:30 pm
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Farmers and Merchants Bancshares, Inc. and Farmers and Merchants Bank (collectively, Farmers) announced that James R. Bosley, Jr. intends to retire as President effective at the close of business on December 31, 2022. Mr. Bosley recently informed the Board of Directors of his retirement plans in order to allow for an orderly transition.
Farmers and Merchants Bank is a Maryland commercial bank engaged in a general commercial and retail banking business. The Bank provides a range of personal banking services designed to meet the needs of local consumers. Its deposit services include checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts. The Bank also offers repurchase agreements and remote check deposits. The Bank grants available credit for residential mortgages, construction loans, home equity lines, personal installment loans and other consumer financing. It is also engaged in financing commerce and industry by providing credit and deposit services for small to medium sized businesses and the agricultural community in the Bankâs market area. Its main office is located in Upperco, Maryland, and it has six additional full-service branches located in the Maryland communities of Hampstead, Greenmount, Reisterstown, Owings Mills, Eldersburg, and Westminster.