Glen Burnie Bancorp Announces Retirement of Board Chair John Demyan and Appointment of New Board Chair Jay Baldwin

Core Viewpoint - Glen Burnie Bancorp announces leadership changes with Jay Baldwin becoming the new Chair of the Board of Directors, succeeding John "Jack" E. Demyan, who retires after nearly three decades in the role [1][2] Leadership Transition - Jay Baldwin has taken over as Chair of the Board effective immediately, while John "Jack" E. Demyan will remain on the board as a member and has been honored with the title Chairman Emeritus [1][2] - Thomas "Tommy" Clocker will retire on May 14, 2026, after serving as a director since 1995 [1] Leadership Statements - Demyan expressed pride in the bank's resilience and commitment to the community during his tenure, and he is confident in Baldwin's leadership for future growth [2] - Mark C. Hanna, President and CEO, emphasized the importance of Baldwin's leadership in continuing the bank's community-centered focus while pursuing innovation and growth [2][3] Company Overview - Glen Burnie Bancorp is a bank holding company based in Glen Burnie, Maryland, with The Bank of Glen Burnie as its primary subsidiary, founded in 1949 [3] - The Bank operates six branches in Anne Arundel County and provides commercial and retail banking services, including loans and real estate financing [3]