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Howard Bank's acquisition of First Mariner wins regulatory approval

Holden Wilen
American City Business Journals

Howard Bancorp has been given the go-ahead to move forward with its acquisition of First Mariner Bank after receiving approval from federal banking regulators. The Federal Reserve gave its OK for the $163.4 million deal late Monday, according to a letter sent to Howard Bancorp, the Ellicott City-based parent of Howard Bank. The Federal Deposit Insurance Corp. approved the deal on Jan. 31.