BankAnnapolis Honored as Corporate Philanthropist of the Year by the Community Foundation of Anne Arundel County

The Community Foundation of Anne Arundel County honored BankAnnapolis as Corporate Philanthropist of the Year at its annual Celebration of Philanthropy Luncheon in Annapolis on November 4, 2011. This award is presented to a large- or medium-sized corporation with a proven record of exceptional generosity that has demonstrated outstanding civic and charitable responsibility. The award is based on the corporation’s direct gift support, the impact of that support, success in motivating employees to make charitable contributions to local nonprofits, and the CEO’s philanthropic leadership and ability to encourage and motivate others to give back.

BankAnnapolis has a long history of supporting the community and, for 9 of the past ten years, has been named by the Baltimore Business Journal as one of the most generous corporate givers in the region. BankAnnapolis contributes more than $40,000 a year to local nonprofits and community events and its employees donated more than 3,100 volunteer hours in 2010. BankAnnapolis provides support to CASA, Hospice of the Chesapeake, United Way of Queen Anne’s County, YMCA Camp Letts, Anne Arundel Community College, Wellness House, Habitat for Humanity, Children’s Museum, Boys and Girls Club, Maryland Therapeutic Riding, Foundation for Community Partnerships, and Children’s Theatre of Annapolis, as well as many others. In addition, sixteen BankAnnapolis employees serve on the boards of local nonprofit organizations.

“Over the past 22 years, BankAnnapolis has worked purposefully to build a strong financial institution committed to business and responsible corporate citizenship in Anne Arundel County,” said Michael McHale, President and CEO of Hospice of the Chesapeake, the organization that nominated BankAnnapolis for the award.

“We are extremely proud to be recognized by the Community Foundation of Anne Arundel County as the first recipient of its Corporate Philanthropist of the Year Award,” said BankAnnapolis Chairman and CEO Richard M. Lerner. “Good corporate citizenship is central to who we are and what we stand for, and we are pleased that our longstanding support of local charitable organizations has helped to make a difference in our community.”

Just last month, BankAnnapolis was named by the Annapolis and Anne Arundel County Chamber of Commerce as the top financial services firm in the market for 2011. “It’s incredibly gratifying to be acknowledged for our customer and community service by these two highly respected business and community organizations. It validates and reinforces what has always been the central tenet of our community banking philosophy: what’s good for our customers and our community is also good for business,” said Lerner.

BankAnnapolis provides financial, in-kind and volunteer assistance to numerous nonprofit institutions and organizations that assist people in need and enhance the quality of life in the Greater Annapolis community and Queen Anne’s County. Through its seven community banking offices in Anne Arundel and Queen Anne's Counties, BankAnnapolis serves the financial needs of small businesses, professional concerns and individuals. The Bank is a subsidiary of Annapolis Bancorp, Inc. (NASDAQ:ANNB) and its headquarters building and main branch are located at 1000 Bestgate Road, directly across from the Westfield Annapolis Mall.

For more information about BankAnnapolis visit www.bankannapolis.com or call 410-224-4455.