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Through a merger between the Baltimore Washington Corridor Chamber and the West Anne Arundel County Chamber in early 2017, the Central Maryland Chamber of Commerce (CMCC) was created. We are dedicated to providing networking, information and growth resources to all sizes and kinds of businesses, agencies, institutions and organizations. Our connections to business, industry, academia, government are unparalleled.

Revere Bank to Buy Monument Bank For $65.1M

Laurel-based Revere Bank is making good on its quest to grow in the I-270 corridor, announcing a $65.1 million deal Tuesday evening to buy Monument Bank of Rockville.

The combination of the two privately held banks will create an institution with more than $1.7 billion in assets and $1.37 billion in total deposits. It will have 10 branches.

The deal comes just weeks after the ambitious Revere Bank, the 29th largest in Greater Washington at the end of 2015, closed on its acquisition of Frederick-based Blueridge Bank, another step in its move up Interstate 270.

Read the full article from the Washington Business Journal.

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