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Scott Beatty Jr.

President and CEO
Shore United Bank

beatty-scott-002Since becoming president and CEO of Shore Bancshares, the parent of Shore United Bank, in 2013, Scott Beatty has presided over a period of strong growth by the historic Eastern Shore institution.

With roots going back to 1876, Shore United recently announced it has entered into a definitive agreement with Annapolis’ Severn Bank, which will greatly expand its footprint in the region. Beatty has been a senior executive at the bank since 2005. A graduate of Salisbury University’s Perdue School of Business, he also has served as board chair of the Easton Economic Development Corp.

What was the biggest lesson your organization learned from the COVID-19 pandemic?
In the banking industry, we are required by the bank regulators to be prepared for a global health pandemic. We have procedures in place and do tabletop exercises to validate those procedures. Within a couple of days of our states shutting down, we had about a third of our staff working remotely with full capabilities to carry out their daily responsibilities.

What was your organization’s biggest success or shining moment during the pandemic?
Clearly, our execution of the federal Payroll Protection Program was our biggest success. … Our staff literally worked every weekend and all day and all night to make sure our customers got the support they so desperately needed. Through the two rounds of the program Shore United Bank processed 2,454 loans totaling $196 million. We know this saved many businesses from failure.

How were you able to find time for yourself and your friends/family during the pandemic?
I am fortunate in that a lot of my immediate family lives close by. We were cautious, but were able to spend time with some of our kids and grandkids during the height of the pandemic. Our children and grandchildren that live in North Carolina stayed connected with FaceTime on a regular basis.