Mr. Raymond Raedy was appointed as Chairman of the Board of Frederick County Bancorp, Inc., effective June 26, 2012. Mr. Raedy was the primary organizer of the Bank. He is an investor and business owner. Since 1980, Mr. Raedy has owned several businesses. He currently is a partner in one pharmacy and owns a real estate investment firm. He is a graduate of the University of Notre Dame and the Washington College of Law at the American University. He is a member of the Maryland Bar, but has not engaged in the practice of law since 1983. Mr. Raedy has held positions at the American Enterprise Institute, the Republican National Committee, the Maryland Legislature, and the United States Senate in the Sergeant at Arms Office. He was Counsel to the National Society of Public Accountants, the Health Insurance Association of America, the American Bankers Associations, and an insurance brokerage firm, Alexander & Alexander. Mr. Raedy was a lector at his church and served as President of the Rotary Club of Frederick, Maryland
Raedy director qualifications include his past service as a counsel to the American Bankers Association, his knowledge of banking practices and regulatory issues, and his tenure on the Company board of directors since inception in 2001, which includes service as a director of the Bank prior to formation of the Company, along with director training on an annual basis.
Management Efficency
The company has return on total asset (ROA) of 0.36 % which means that it generated profit of $0.36 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of 4.28 % meaning that it generated $4.28 on every $100 dollars invested by stockholders.
Frederick County Bancorp, Inc. operates as the holding company for Frederick County Bank that offer various banking services to individuals and commercial enterprises in Frederick County, Maryland. Frederick County Bancorp Inc [FCBI] is traded as part of a regulated electronic trading service offered by the NASD. Filter other
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