Sandy Spring Bank, History

The following are major historical events for Sandy Spring Bank, including mergers and acquisitions.

1900-01-01Institution established: Original name:The First National Bank of Sandy Spring
1972-06-30Acquired Savings Institution of Sandy Spring, Maryland (18468) in SANDY SPRING, MD
1972-06-30Changed name to Sandy Spring National Bank and Savings Institution
1986-07-01Changed name to Sandy Spring National Bank of Maryland
1986-09-15Moved bank headquarters from SANDY SPRING, MD to OLNEY, MD
1987-03-24Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1993-12-01Acquired First Montgomery Bank of Maryland (27191) in GAITHERSBURG, MD
1996-08-29Acquired Bank of Annapolis (27519) in ANNAPOLIS, MD
2001-09-21Changed name to Sandy Spring Bank
2001-09-21Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2001-09-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2007-02-16Acquired Potomac Bank of Virginia (34807) in FAIRFAX, VA
2007-06-01Acquired County National Bank (34286) in GLEN BURNIE, MD
2012-06-01Acquired CommerceFirst Bank (35475) in ANNAPOLIS, MD
2018-01-01Acquired WashingtonFirst Bank (57696) in RESTON, VA
2020-04-01Acquired Revere Bank (58640) in ROCKVILLE, MD