Savings Institution of Sandy Spring, Maryland

Status:Inactive as of 06/30/1972
 Merger - Without Assistance
Successor Bank:Sandy Spring Bank
Headquarters:Savings Institution of Sandy Spring, Maryland
908 Sandy Spring-Olney Road
Sandy Spring, MD 20860
Established:01/01/1868
FDIC Insurance:01/01/1962
FDIC Cert:#18468
Charter Class:

History

1868-01-01Institution established: Original name:Savings Institution of Sandy Spring, Maryland
1972-06-30Merged into and subsequently operated as part of Sandy Spring National Bank and Savings Institution (4865) in SANDY SPRING, MD
1972-06-30Changed name to Sandy Spring National Bank and Savings Institution (4865)
1986-07-01Changed name to Sandy Spring National Bank of Maryland (4865)
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 primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2001-09-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2001-09-21Changed name to Sandy Spring Bank (4865)
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