Sandy Spring Bank Completes Conversion of All Systems and Branding After WashingtonFirst Bank Acquisition

3/5/18

OLNEY, Md., March 05, 2018 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (NASDAQ:SASR) announced today that the transition of WashingtonFirst Bank to Sandy Spring Bank is complete, including the full conversion of all systems and branding. Sandy Spring Bancorp, Inc. completed the acquisition of WashingtonFirst Bankshares, Inc.  effective January 1, 2018, but today is celebrated as “Client Day One” in recognition of full conversion of all systems and branding providing all clients full access.

“With full conversion complete today, all clients now have direct access to all of our comprehensive products and services with more branches across the region, especially in DC and Virginia,” said Daniel J. Schrider, President and CEO of Sandy Spring Bank. “This is an important year for us as we mark our 150th anniversary of serving this region. Now we have completed our acquisition of WashingtonFirst Bank and are poised for future growth.”

Although WashingtonFirst Bank’s name has changed to Sandy Spring Bank, many things will not change for WashingtonFirst customers. See the Sandy Spring Bank website for more information at https://www.sandyspringbank.com/welcome.

Sandy Spring Bank is now the region’s largest, locally-headquartered community bank with combined assets of approximately $7.8 billion. Two successful community banks have joined together to become a premier bank in the region and, now combined, will continue to provide remarkable client experiences, build long-lasting relationships and help people and businesses reach their financial goals.

“We remain committed to investing in the communities we serve and are dedicated to providing personalized service to all of our clients, because we truly understand that real life requires real banking. This unique approach is what sets us apart,” said Schrider.

About Sandy Spring Bancorp, Inc.

Sandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank. Independent and community-oriented, Sandy Spring Bank offers a broad range of commercial banking, retail banking, mortgage and trust services throughout central Maryland, Northern Virginia, and the greater Washington, D.C. market. Through its subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of insurance and wealth management services. Visit www.sandyspringbank.com for more information.

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