Baltimore, Md. (September 12, 2016) — Israel Bonds Maryland announced today that Bay Bank will continue its legacy partnership with the Israel Bonds High Holidays Matching Partners Program following Bay Bank’s acquisition of Hopkins Federal Savings Bank earlier this year.
Bay Bank assumes Hopkins Federal Savings Bank’s previous role and joins matching partners The Associated: Jewish Community Federation of Baltimore, The Haron Dahan Foundation and Sandra R. & Malcolm C. Berman as they continue to provide 100 percent matching purchases for all Israel bonds investments made by the community during the 2016 High Holidays season. An Israel bond investment declares appreciation for the ideals and values of the State of Israel — democracy, diversity and putting human creativity and ingenuity to work to make the world a cleaner, safer, healthier, better place. To maximize support for Israel Bonds, Bay Bank is a participating bank in the Israel Bonds financing program.
“Having Bay Bank as a Matching Partner continues the program started by Hopkins Federal Savings Bank and strengthens the bond between the Baltimore community and Israel,” said Alan Dorenfeld, executive director of the Israel Bonds Maryland office.
The Israel Bonds Maryland High Holidays matching program began in 2006 with a 50 percent match from Hopkins Federal Savings. The Associated became Israel Bonds’ second matching partner in 2008 with a 100 percent match. Since then, the program has grown to include four partners. Throughout the past 10 years, the High Holidays campaign has generated investments of over $75 million for Israel through more than 6,000 participants.
“We are proud to continue Hopkins Federal Savings Bank's 10-year tradition of being a Matching Partner,” said Bay Bank President and CEO Joseph J. Thomas. “We look forward to supporting the State of Israel and continuing the legacy of Hopkins Federal Savings Bank and Alvin and Lois Lapidus in the community.”
Individuals interested in participating in the Israel Bonds High Holidays matching campaign can turn down their tab card during their synagogue’s High Holidays appeal, contact the Israel Bonds office at 410-484-6670 X1, or visit www.israelbonds.com.
About Israel Bonds
Development Corporation for Israel/Israel Bonds offers investment and gift options that provide semi-annual interest or interest upon maturity. Israel bonds are also a personal connection to a nation not only of Jewish heritage, but also of cutting-edge innovation that saves lives and changes the world on a daily basis. Israel bonds start at $36 and are available online at israelbonds.com. Member FINRA.
About Bay Bank
Bay Bank, FSB is headquartered in Columbia, Maryland, and serves the community with a network of 12 branches strategically located throughout the region. Founded in 2010, the bank has quickly developed a strong reputation for its focus on being the bank built by entrepreneurs, for entrepreneurs. Since its opening in 2010, Bay Bank has successfully acquired four other community banks — Bay National Bank, Carrollton Bank, Slavie Federal Savings Bank and Hopkins Federal Savings Bank. The bank’s parent company, Bay Bancorp, Inc., trades on the NASDAQ Capital Market under the ticker symbol “BYBK.” Member FDIC.