Queenstown, Maryland; May 18, 2017 Queenstown Bank of Maryland is pleased to announce the appointment of Kevin B. Cashen as President and Chief Executive Officer. Kevin joins the bank with over 30 years of banking experience.
Kevin was the founding CEO of Bay Bank and Bay Bancorp, Inc. which opened in Lutherville, MD in 2010. He previously also spent time at Easiloans, LLC a start-up technology company developing an online marketplace focused on mortgage lending.
Kevin began his career with Loyola Federal Savings & Loan in 1984 before moving to Signet Bank in 1985. As a Senior Vice President at Signet, he led several initiatives within the real estate lending division in the Baltimore and Washington metropolitan areas. During that time, he founded the Real Estate Capital Markets Group to direct the bank’s commercial real estate banking efforts. In 2001, Kevin was appointed Senior Vice President of Chevy Chase Bank and President of its consumer finance subsidiary. Later he co-managed the banks multi-billion-dollar commercial banking division.
Kevin holds a Master of Science in Real Estate from John Hopkins University, a Master of Business Administration from the University of Baltimore, and a Bachelor of Science in Business and Finance from Mount St. Mary’s University. He has earned many accolades for his efforts including E & Y Entrepreneur of the Year, Maryland – 2014; Smart CEO Magazine – 2013 Circle of Excellence CEO Finalist; and the Baltimore Business Journal – 2011 Power 20 Top Future Leaders in Baltimore.
Kevin succeeds the retiring J. Thomas Rhodes, Jr., who is working to ensure a smooth leadership transition. “Kevin is a true community banker and understands being involved in the community is a large part of the job. I really feel he is the right person to lead us in the future as we continue to prosper,” said Rhodes. “We congratulate Tommy on his exceptional career at Queenstown Bank, and for his business and community leadership on the Eastern Shore,” Patrick Thompson, Chairman of the Board said in a statement. “Tommy has been a strong advocate of our core values, including putting people first. He will leave behind a remarkable legacy.”
Queenstown Bank of Maryland was established in 1899 and currently has eight branch locations within Maryland’s Queen Anne’s, Talbot and Caroline Counties.