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Shore Bancshares gets regulatory OK to acquire Severn Bancorp (access required)

Shore Bancshares Inc., the holding company of Easton-based Shore United Bank, Monday announced it has received regulatory approval from the Office of the Comptroller of the Currency to convert Shore United Bank to a national bank and merge with Severn Savings Bank, FSB. The deal’s completion remains subject to the approval by Severn's shareholders of the merger, the ...