On September 10, 2015, Michael G. Livingston, a member of the board of directors since 2005 and president and chief executive officer since 2008 of Glen Burnie Bancorp and its subsidiary, The Bank of Glen Burnie notified the company's board of directors that, effective March 31, 2016, he will retire from his positions with, and as a director of, the company and the Bank, after 19 years at the Bank, to spend more time with family and pursue personal interests.