Market Overview

Todd Ellis, Senior Vice President, Appointed President of Sandy Spring Insurance

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OLNEY, Md., Nov. 1, 2012 (GLOBE NEWSWIRE) -- Sandy Spring Bank is a banking organization with deep community roots and a wide variety of products and services to help consumers and businesses not only achieve their financial goals, but ensure that those achievements are protected. With that in mind, the bank is pleased to announce the appointment of Todd Ellis as president of Sandy Spring Insurance, a subsidiary of Sandy Spring Bank. As president of the insurance subsidiary, Ellis will focus on ensuring that both commercial and consumer clients have the best coverage for their assets, their families, their businesses, and themselves.

"Todd has a rare ability to understand both sides of the financial equation; knowing the right products for the client and how to best safeguard a variety of assets," states R. Louis Caceres, executive vice president. "In all of his leadership roles, Todd has been able to successfully manage and implement a client-centric sales process." 

Since 1999, Ellis has taken on various leadership roles throughout Sandy Spring Bank overseeing Commercial Relationship Management, Investment Services, Deposit Relationship Management and the Retail Branch network covering all community offices in the bank's footprint. 

"Todd's knowledge and connection with the community fits with the bank's philosophy of establishing lifelong partnerships," states Daniel J. Schrider, president and chief executive officer. "His distinguished career and personal principles offers us the ability to build an insurance team that matches the bank's core values of providing exceptional experiences for our clients and creating a team atmosphere with internal business lines." 

About Sandy Spring Bancorp/Sandy Spring Bank

With $3.9 billion in assets, Sandy Spring Bancorp, Inc. is the holding company for Sandy Spring Bank and its principal subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc. Sandy Spring Bancorp is the largest publicly traded banking company headquartered and operating in Maryland. Sandy Spring is a community banking organization that focuses its lending and other services on businesses and consumers in the local market area. Independent and community-oriented, Sandy Spring Bank was founded in 1868 and offers a broad range of commercial banking, retail banking and trust services through 49 community offices in Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties in Maryland, and Arlington, Fairfax and Loudoun counties in Virginia. Through its subsidiaries, Sandy Spring Bank also offers a comprehensive menu of insurance and investment management services. Visit www.sandyspringbank.com for more information about Sandy Spring Bank.

The Sandy Spring Bancorp, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4138

CONTACT: For additional information or questions, please contact: Marc Meoli Vice President, Marketing Sandy Spring Bank 17801 Georgia Avenue Olney, Maryland 20832 301-774-6400 x8476 E-mail: mmeoli@sandyspringbank.com Web site: www.sandyspringbank.com

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