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Bay Bank Expands Mortgage Banking Team to Provide Unparalleled Financial Solutions for Consumers

Columbia, Md. (September 21, 2017) Bay Bank, the bank built by entrepreneurs for entrepreneurs, announced today that Jeff Schroll has joined the company as Senior Mortgage Loan Officer.

Schroll brings over 20 years of experience to the Bay Bank team and carries a certification in Construction Loans. He began his career in 1990 as part of the consumer finance team at Norwest Financials before accepting a position in mortgage banking at Maryland National Mortgage four years later. Prior to joining Bay Bank, Schroll held positions at Sandy Spring Bank and Citizen One Home Loans located in Annapolis.

“Our ability to provide comprehensive, personalized mortgage services is one of Bay Bank’s most distinct advantages that sets us apart from larger banks,” said Director of Mortgage Banking, Kyle Becraft. “With Jeff’s extensive background and expertise within mortgage banking, we’re thrilled to have him as part of the team.”

In this role, Schroll will help expand Bay Bank’s presence in the Baltimore-Washington mortgage banking market focusing on construction permanent mortgage loans. His primary responsibilities will be to form meaningful relationships with regional builders, assist consumers with construction/permanent financing for home building and support builders with builder line financing.

“I’m eager to join the Bay Bank team as they’ve proven to be a reliable and forward-thinking financial services solution for consumers throughout the region,” said Schroll. “As we continue to grow the mortgage banking division, our customers can expect a more comprehensive range of services and personalized customer service experiences than ever before.”

Schroll received his Bachelor of Arts degree in Economics from St. Mary’s College of Maryland. Under the strategic direction of Becraft, he will be located at Bay Bank’s corporate headquarters in Columbia, Maryland.

About Bay Bank

Bay Bank, FSB is headquartered in Columbia, Maryland, and serves the community with a network of 11 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. The bank has total assets of around $646 million. The bank’s parent company, Bay Bancorp, Inc., trades on the NASDAQ Capital Market under the ticker symbol “BYBK.” For more information, please visit www.baybankmd.com.

 

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