Severn Bank has appointed Vance W. Adkins as its executive vice president and chief financial officer.
Adkins brings years of experience in financial management, and in particular banking, to Severn Bank. From 2016 until the completion of its merger in April 2019,. Adkins served as chief financial officer of HomeTown Bankshares and its banking subsidiary, HomeTown Bank in Roanoke, VA. Before serving as chief financial officer he held the position of senior risk officer of HomeTown Bank from 2010 until 2016.
“We are looking forward to having Vance join the Severn Bank team. He brings knowledge and experience to our organization as we undertake growth,” said Alan J. Hyatt, president and chief executive officer.
“He comes from a community bank background similar to ours so he will have a good understanding of our commitment to the community we serve. His background as a CPA and Bank Risk Officer will also prove invaluable in this period of changing regulations.”
Founded in 1946, Severn Bank is a full-service community bank offering a wide array of personal and commercial banking products as well as residential and commercial mortgage lending products.