President’s Message

William Knott, President & CEO March 2023

Cecil Bank has been a member of the Northeast Maryland community since 1959.

We want to thank our community for its past support!  Your support has allowed Cecil Bank to continue as an independent bank while others no longer remain. In fact, Cecil Bank is the only indigenous independent bank headquartered in Cecil County.

As I write this note, Silicon Valley Bank and Signature Bank have been taken over by the FDIC.  And, the news media is asking whether financial markets are about to repeat the events of 2008-2009.

Hence, it is a good time to provide you an update on Cecil Bank’s current health.

  • A Written Agreement which was in place with the Federal Reserve Bank of Richmond and State of Maryland was removed in 2022. The Agreement had been in place since 2010.
  • We reported full year operating earnings for the first time since 2010.
  • Our full-year profits exceeded $10.0 million.
  • We are in the best financial condition that we have been in for the last 12+ years.

Again, we thank you for your past support and we look forward to your continued support!

Bill Knott

Come Grow With Us! 

Board of Directors:

William H. Cole IV, Chairman

J. William Knott, Director

Hope W. Lundt, Director

John J. Lyons, Director

Mark A. Keidel, Director

P. Kent Snodgrass, Director

Thomas L. Vaughan, Director

E-mail is not necessarily secure against interception. If your communication is very sensitive, or includes personal information such as your account numbers, credit card number or social security number, you may want to call us at 410-398-1650, send it through the U.S. Post Office, or use our Secure Contact Us Form.

Bank Officers:

J. William Knott, President & Chief Executive Officer

David S. Miller, EVP, Chief Credit Officer

R. Lee Whitehead,  SVP & Chief Financial Officer

Robin W. Brueckman,  SVP & Business Development Officer

Zeljka Preradovic, SVP, Branch Operations and Information Security Officer

Tamara S. Fender, VP & Loan Operations and Credit Administration

V. Guy Abell, VP, BSA Officer & Asst. Controller

Milena Vujnovic, Bank Officer, BSA Coordinator