SEVERN SAVINGS BANK, FSB DBA SEVERN BANK
Status: | Inactive as of 11/01/2021 |
Absorption - Without Assistance | |
Successor Bank: | Shore United Bank, N.A. |
Headquarters: | SEVERN SAVINGS BANK, FSB DBA SEVERN BANK 200 Westgate Circle, Suite 200 Annapolis, MD 21401 |
Established: | 04/04/1949 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #32367 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $1,113,906,000 |
Total Deposits: | $971,589,000 |
History
1949-04-04 | Institution established: Original name:Severn Savings Association | |
1987-06-30 | Changed organization type to STOCK SAVINGS BANK | |
1987-06-30 | Changed name to Severn Savings Bank, FSB | |
2011-07-21 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
2018-08-28 | Changed name to SEVERN SAVINGS BANK, FSB DBA SEVERN BANK | |
2021-11-01 | Merged into and subsequently operated as part of Shore United Bank (4832) |