Hamilton Bank has transformed and thrived under the leadership of president and CEO Robert (Bob) DeAlmeida. His vision for expansion began as far back as 1990 when he was hired as the bank’s chief financial officer. At the time, the bank had two locations and less than 25 employees. Today, Hamilton Bank operates five Maryland locations from its headquarters in Towson, and its staff has more than doubled. DeAlmeida and his team have expanded the bank’s services to meet the complete banking needs of small businesses, retailers, consumers, and homeowners across Greater Baltimore.
During his prior post as CFO of Hamilton Bank, DeAlmeida managed the accounting operations and investments for the bank, yet he quickly found himself entrenched in other aspects of the business. DeAlmeida handled negotiations and all related acquisition dealings, fueling growth for Hamilton Bank at a time when other banks were struggling. He became vice president and treasurer in 1990, and earned the position of bank president in July 2005. During DeAlmeida’s tenure, Hamilton Bank has proven its stability, its reputation, and its dedication to the customer.
DeAlmeida is making history as the first savings bank CEO representative to serve as chairman of the Maryland Bankers Association, the only professional association representing the banking industry in Maryland. He is also on a special committee to advise the president of the Maryland Chamber of Commerce and is on the University of Baltimore Merrick School of Business Advisory Council, which provides a business perspective for the strategic direction of the School. DeAlmeida serves on the Federal Reserve Bank of Richmond’s Community Depository Institutions Advisory Council (CDIAC), a 12 member, hand-selected group of banking experts that shares insights on the economy, banking conditions, lending conditions, regulatory matters and other issues that affect the ability of community depository institutions to serve local markets. He is on the board of directors of Healthy Neighborhoods, a supporting organization of the Baltimore Community Foundation, which finances housing and home improvements for home buyers and homeowners in Baltimore City. DeAlmeida also serves on the Neighborhood Housing Services (NHS) of Baltimore loan committee.
DeAlmeida earned his bachelor’s degree in accounting from Loyola College of Maryland and his master’s degree in economics from the University of Baltimore.
“The CEO’s role in raising a company is to establish an atmosphere that encourages knowledge-sharing and collaboration. Too many businesses lose sight of a consistent company culture and as a result, lose sight of their business goals. All employees, both recent hires and veterans, know they play a crucial role in the business. We keep everyone involved in our success.”— Bob DeAlmeida