The Bank Of Glen Burnie
FDIC #16820
📍 Glen Burnie, Maryland
The Bank Of Glen Burnie is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 08/17/1949. With assets of $355.35 Million, it operates 6 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: May 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
May 1, 2023
Satisfactory
April 1, 2020
Satisfactory
January 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$355.35 Million
Total Deposits$314.94 Million
Equity Capital$13.05 Million
Net Income$1.37 Million
📈 Performance
ROA0.50%
ROE11.34%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established08/17/1949
FDIC Cert16820
Holding CoGlen Burnie Bcorp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 3:00 PM
Tuesday9:00 AM - 3:00 PM
Wednesday9:00 AM - 3:00 PM
Thursday9:00 AM - 3:00 PM
Friday9:00 AM - 3:00 PM
4:00 - 6:00 PM
4:00 - 6:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
1994
Name Change
Name became: Changed Institution Name To The Bank Of Glen Burnie.