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

1900-01-01Institution 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
1988-01-29Reorganized.
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

Financial Information (2025-03-31 and Older)