Severn Bancorp has entered into a definitive agreement to purchase a Maryland title company that is based in Annapolis and was founded by real estate attorneys in 1981. The acquisition is subject to the completion of due diligence and is expected to close in September.
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Severn Bancorp buys Maryland title company
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Industry News
Wednesday, July 12, 2017
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Severn Bancorp has entered into a definitive agreement to purchase a Maryland title company that is based in Annapolis and was founded by real estate attorneys in 1981.
The acquisition is subject to the completion of due diligence and is expected to close in September.
The bank’s CEO said the acquisition would complement the bank’s current offerings.
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