BRANCH PURCHASE AND ASSUMPTION AGREEMENT between CECIL BANK and HOWARD BANK MARCH 28, 2013Branch Purchase and Assumption Agreement • May 15th, 2013 • Cecil Bancorp Inc • Savings institution, federally chartered • Maryland
This BRANCH PURCHASE AND ASSUMPTION AGREEMENT (this “Agreement”) is made and executed as of the 28th day of March, 2013, by and between Howard Bank, a Maryland trust company operating as a commercial bank with its main office located in Ellicott City, Maryland (“Buyer”), and Cecil Bank, a Maryland chartered commercial bank with its main office located in Elkton, Maryland (“Seller”).
