Waldorf, Maryland, January 20, 2016 — Community Bank of the Chesapeake announced that Donald M. Parsons, Jr., Senior Vice President and Senior Lender of Community Bank of the Chesapeake has been elected to the Board of Directors of CareFirst, Incorporated and CareFirst of Maryland. Mr. Parsons will sit on the Finance and Investment Committee and the Audit and Compliance Committee.
“I am truly honored to be appointed to the Board of Directors of CareFirst,” said Mr. Parsons. “This is a wonderful opportunity and I look forward to learning a great deal more about healthcare as I serve as Southern Maryland’s representative on the CareFirst Board.”
Mr. Parsons graduated from Shepherd University with a bachelor’s degree in Political Science and Economics. He received his Master of Business Administration from Loyola University. Mr. Parsons has been dedicated to the Southern Maryland Community for over 17 years serving on numerous boards and committees. He is the past Chairman of the Board of Calvert Memorial Hospital, the College of Southern Maryland Foundation and past President of Habitat for Humanity.
“It is a proud moment when we get to recognize one of our own,” said Greg Cockerham, Executive Vice President and Chief Lending Officer of Community Bank of the Chesapeake. “I have no doubt Don will be a great asset to the Board of Directors for CareFirst just as he’s been with the bank. Don continues to leave his mark on the community in so many ways.”
CareFirst is a not-for-profit, non-stock health services company. Their mission is to “provide health benefit services of value to customers across the region comprised of Maryland and the National Capital Area.” CareFirst is the leading health insurer in the Mid-Atlantic region.
Headquartered in Waldorf, Maryland, Community Bank of the Chesapeake is a full-service commercial bank, with assets over $1 billion. Through its 12 banking centers and five dedicated commercial lending centers, Community Bank of the Chesapeake offers a broad range of financial products and services to individuals and businesses. Community Bank of the Chesapeake is a wholly owned subsidiary of The Community Financial Corporation (NASDAQ: TCFC). Member FDIC. More information about Community Bank of the Chesapeake can be found at cbtc.com.