The parent company of Cecil Bank says it has reached an agreement with creditors to recapitalize and will use a pre-packaged bankruptcy proceeding to explore whether more lucrative bids to acquire the ...

RISING SUN, Md. (WJZ) --The former president of Cecil Bank has been sentenced to two years in prison after pleading guilty to multiple charges stemming from a 2012 straw purchase of a foreclosed home ...

RISING SUN, Md. (WJZ) --The former president and CEO of Cecil Bank pleaded guilty Friday to multiple federal charges stemming from a straw purchase of a home the bank had foreclosed on, the justice ...

Robert K. Hur, center, the U.S. attorney for the District of Maryland. (Amy Davis/The Baltimore Sun via AP) The former president and CEO of Cecil Bank has been charged with bank fraud for allegedly ...

ELKTON, Md., Nov. 18, 2022 (GLOBE NEWSWIRE) -- Cecil Bancorp, Inc. ("Company") (OTC: CECL) announced that its wholly-owned banking subsidiary, Cecil Bank (the "Bank"), received notification from the ...

When Cecil Bancorp issued its last annual report two years ago, its CEO acknowledged the bank’s struggle with “problem assets” but emphasized that the parent of Cecil Bank remained well-capitalized.

ELKTON, MD / ACCESSWIRE / August 26, 2021 / Cecil Bancorp ('Company') (OTC PINK:CECL), the bank holding company for Cecil Bank ('Bank'), today announced the completion of a successful $10.0 million ...

Cecil Bancorp has reached a deal with investors to recapitalize the long-troubled bank with $30 million and plans to use a bankruptcy auction to secure the cash, the bank announced. The investors have ...