Community Heritage Financial, Inc. (OTC Pink: CMHF) announced today that Robert Wolfe, Jr. has been named Executive Vice President and Chief Financial Officer. He has served as Senior Vice President and Controller since 2019.

"I am pleased to welcome Bob as a member of our Executive Management team," said Robert "BJ" Goetz, Jr., President and Chief Executive Officer. "His leadership skills and extensive experience in the financial services industry is a tremendous value to the team and will contribute to our continued growth and success."

Mr. Wolfe has over 35 years of financial management and accounting experience. Previously, he held various management positions at Bay Bank, Susquehanna Bancshares and the Pennsylvania Higher Education Assistance Agency. During his career, Mr. Wolfe has developed considerable knowledge in the areas of financial analysis, portfolio management and strategic planning.

"I am honored to be a part of this organization and the leadership team," Mr. Wolfe said. "Since my arrival, I continue to be impressed by the employees and their commitment to the customers and communities they serve."

Community Heritage Financial, Inc. is the parent company for its wholly owned subsidiaries Middletown Valley Bank and Millennium Financial Group, Inc (Mlend). Middletown Valley Bank is a full-service commercial and retail bank with seven locations in Frederick County and Washington County, Maryland, as well as a loan production office in Garrett County, Maryland. For more information, visit http://www.mvbbank.com/.

Mlend is a full-service mortgage lender headquartered in Middletown, Maryland with locations in Crofton and Oakland, Maryland. For more information visit http://mlend.com/.