Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On July 21, 2009, the Board of Directors of Severn Bancorp, Inc. accepted the resignation of Mr. Keith Stock from his position as Director of Severn Bancorp, Inc. and Severn Savings Bank, FSB, effective immediately. Mr. Stock's decision to resign was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Stock has accepted an employment position with a financial services company in New York City and concluded that he would not be able to devote sufficient time to the directorships.