Sandy Spring Bank
Status: | Inactive as of 04/01/2025 |
Merger - Without Assistance | |
Successor Bank: | Atlantic Union Bank |
Headquarters: | Sandy Spring Bank 17801 Georgia Ave Olney, MD 20832 |
Established: | 01/01/1900 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #4865 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $13,765,535,000 |
Total Deposits: | $11,322,359,000 |
History
1900-01-01 | Institution established: Original name:The First National Bank of Sandy Spring | |
1972-06-30 | Acquired Savings Institution of Sandy Spring, Maryland (18468) in SANDY SPRING, MD | |
1972-06-30 | Changed name to Sandy Spring National Bank and Savings Institution | |
1986-07-01 | Changed name to Sandy Spring National Bank of Maryland | |
1986-09-15 | Moved bank headquarters from SANDY SPRING, MD to OLNEY, MD | |
1987-03-24 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
1988-01-29 | Reorganized. | |
1993-12-01 | Acquired First Montgomery Bank of Maryland (27191) in GAITHERSBURG, MD | |
1996-08-29 | Acquired Bank of Annapolis (27519) in ANNAPOLIS, MD | |
2001-09-21 | Changed name to Sandy Spring Bank | |
2001-09-21 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD | |
2001-09-21 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2007-02-16 | Acquired Potomac Bank of Virginia (34807) in FAIRFAX, VA | |
2007-06-01 | Acquired County National Bank (34286) in GLEN BURNIE, MD | |
2012-06-01 | Acquired CommerceFirst Bank (35475) in ANNAPOLIS, MD | |
2018-01-01 | Acquired WashingtonFirst Bank (57696) in RESTON, VA | |
2020-04-01 | Acquired Revere Bank (58640) in ROCKVILLE, MD |