President and CEO
Rosedale Federal Savings & Loan Association
Kevin Benson became the ninth president of Rosedale Federal Savings & Loan Association in 2016 after serving in a variety of leadership positions at the institution. From 2010 to 2016, he served as chief lending officer at Rosedale, where he built a robust residential and commercial lending practice as well as championed community lending partnership programs.
Prior to joining Rosedale, Benson held positions with the U.S. Treasury Department, PriceWaterhouseCoopers and First National Bank of Maryland. He has served on the boards of Sheppard Pratt Health System and on the Maryland Bankers Association Solutions Group.
What was the biggest lesson your organization learned from the COVID-19 pandemic?
The biggest lesson that we learned (again) is the importance of resilience and adaptability. Like many other small businesses, we focused on keeping our employees and customers safe and healthy. We made many changes to our operations to accomplish this goal. Since we’ve been in business since 1908, we’ve had to grow and adapt regularly to business cycles in order to succeed in the market. The pandemic taught us that the pace of that change had to be accelerated in order to continue to serve our clients.
What was your organization’s biggest success or shining moment during the pandemic?
The pandemic created some opportunities for community banks to really make a difference in the lives of our customers and communities. I’m particularly proud of our Rosedale Federal team in standing up the Paycheck Protection Program (PPP) from the SBA in a matter of days. After two rounds of participation in the program, we were able to help more than 600 local businesses with needed funding. I truly believe that we were able to show the importance of having a local banker you can talk to and help navigate important financial decisions. The bank also crossed the $1 billion asset mark.