Arundel Federal Savings Bank
FDIC #28780
📍 Glen Burnie, Maryland
Arundel Federal Savings Bank is a savings bank, state charter, supervised by the fdic. established in 01/01/1906. With assets of $452.34 Million, it operates 6 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 18, 2022
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
July 18, 2022
Satisfactory
July 8, 2019
Satisfactory
June 20, 2016
Satisfactory
💰 Financial Strength
Total Assets$452.34 Million
Total Deposits$347.80 Million
Equity Capital$61.11 Million
Net Income$456,000
📈 Performance
ROA0.14%
ROE0.99%
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
Established01/01/1906
FDIC Cert28780
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredNo
🕰️ 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 - 6:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2011
Relocation
Moved HQ to: 655 Crain Highway, S, Glen Burnie, MD 21061.
2010
Relocation
Moved HQ to: 655 Crain Highway, Se, Glen Burnie, MD 21061.
1993
Name Change
Name became: Changed Institution Name To Arundel Federal Savings Bank.