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Arundel Federal Savings Bank names president

Glen Burnie, Md.-based Arundel Federal Savings Bank named Thomas Herpel president and COO.

Herpel has been the bank's executive vice president and COO since 2018. He succeeds Dave Costello as president, while Costello will keep the CEO title and provide leadership support for strategic initiatives through early 2020. Costello will remain as a board member of the bank.