Top Largest Banks in Maryland

The banking landscape in Maryland is marked by several significant institutions, each offering a wide range of services tailored to meet the diverse needs of the state's residents and businesses. Among the largest and most influential banks in Maryland are Sandy Spring Bancorp, Eastern Savings Bank, Community Bank of Tri-County, and The Columbia Bank. These banks have earned reputations for their customer service, financial strength, and commitment to their communities. Their contributions to the state’s economy and financial system reflect the importance of the banking industry in Maryland, a state known for its proximity to Washington, D.C., and its rapidly growing metropolitan areas.

Sandy Spring Bancorp stands out as the oldest and largest publicly traded banking company based in Maryland. Founded in 1868, the bank has a long history of serving the community, providing a broad spectrum of services to individuals, businesses, and organizations throughout the region. Sandy Spring Bancorp operates primarily in Maryland, with its community offices spanning several counties, including Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties, as well as in parts of Virginia, including Fairfax and Loudoun counties. Over the years, Sandy Spring has established itself as a trusted provider of commercial banking, retail banking, and trust services.

One of the key features that sets Sandy Spring Bancorp apart is its commitment to its customers. The bank has earned recognition for its ethical business practices, making it one of the top-ranked "Most Trustworthy Companies" according to Forbes, based on an analysis by Audit Integrity, a Los Angeles-based independent financial analytics firm. This commitment to integrity is reflected in the bank’s operations, which prioritize transparency, strong customer relationships, and a focus on providing financial solutions that meet the evolving needs of individuals and businesses alike.

The bank’s growth over the years has been driven by its ability to adapt to the changing needs of the financial industry while remaining rooted in its community-focused values. Sandy Spring Bancorp continues to provide a wide range of services, including personal banking products like checking and savings accounts, mortgages, and home equity lines of credit. For businesses, Sandy Spring offers commercial loans, cash management services, and lines of credit, among other financial solutions. Through its trust services, the bank also assists clients with estate planning, investment management, and retirement planning, helping families and businesses secure their financial futures.

Eastern Savings Bank is another prominent financial institution in Maryland. As the largest privately owned bank in the state, Eastern Savings Bank has established itself as a top financial institution in the Baltimore metropolitan area. Founded in 1920, the bank specializes in providing a variety of banking services to its customers, including residential and commercial real estate loans, personal and business banking services, and wealth management solutions. With assets of $980 million at the end of 2006, Eastern Savings Bank has built a solid foundation over the years and continues to serve its customers with a focus on stability and reliability.

One of the key factors that have contributed to Eastern Savings Bank’s success is its deep-rooted connection to the local community. The bank offers a range of services tailored to meet the specific needs of its customers, including personalized banking solutions for individuals and businesses. Its expertise in residential and commercial real estate lending has made it a go-to institution for many customers in the region. In addition, Eastern Savings Bank offers competitive deposit products, such as savings accounts, certificates of deposit, and individual retirement accounts, helping customers build wealth and secure their financial future.

Despite its relatively small size compared to some of the larger national banks, Eastern Savings Bank has maintained a strong reputation for financial strength and customer satisfaction. The bank’s approach to banking focuses on providing personalized service and fostering long-term relationships with customers. This customer-centric approach has allowed Eastern Savings Bank to build a loyal customer base and continue to thrive in a competitive financial environment.

Community Bank of Tri-County is another significant player in the Maryland banking sector. Recognized for its excellence in customer service and community engagement, the bank has been honored with several awards over the years. In 2010, it received the prestigious Platinum Award for its work on the Community Wealth Advisors Campaign. The Platinum Award is given to the best entries in the competition, with only about 15 percent of entries achieving this honor. Community Bank was also awarded the Gold Award for its work on the 2009 Convenience Services Campaign, further cementing its reputation for innovation and excellence in banking.

In addition to these accolades, Community Bank of Tri-County received honorable mentions for its "Ribbiting News," a children’s savings newsletter, and the 2009 Business Services Campaign, highlighting the bank’s commitment to both financial literacy and business development. These awards reflect the bank’s dedication to providing high-quality services to its customers and demonstrating its active involvement in the community.

Community Bank of Tri-County is known for its broad range of services, which include personal banking products like checking and savings accounts, mortgages, and home equity lines of credit. The bank also offers small business banking services, including commercial loans, cash management, and business checking accounts. One of the key aspects of the bank’s business model is its focus on creating strong relationships with local customers, offering personalized solutions that are tailored to meet the needs of the communities it serves. This customer-first approach has allowed Community Bank of Tri-County to build a loyal following and maintain a strong presence in Maryland’s banking sector.

The Columbia Bank is yet another major financial institution in Maryland. Based in the central Maryland marketplace, The Columbia Bank has been a leader in the banking community, offering a wide range of financial products and services to individuals and businesses in the region. The bank operates in several counties, including Anne Arundel, Baltimore, Cecil, Frederick, Howard, Montgomery, Prince George's, and Washington, as well as Franklin County in Pennsylvania. The Columbia Bank has long been recognized for its commitment to providing exceptional customer service and helping the businesses and individuals in its service area achieve their financial goals.

In addition to its excellent customer service, The Columbia Bank has been recognized for its workplace culture, receiving a Healthy Workplace gold medal. This recognition underscores the bank’s commitment to fostering a positive and supportive work environment for its employees, which in turn contributes to the overall quality of service provided to its customers. The Columbia Bank offers a wide variety of banking services, including personal banking products such as checking and savings accounts, mortgages, and loans. For businesses, the bank offers commercial loans, lines of credit, and cash management services, helping companies manage their finances more efficiently.

As with other banks in the region, The Columbia Bank is focused on building strong relationships with its customers. The bank’s approach to banking is centered on providing personalized, community-oriented service that helps individuals and businesses succeed. Its commitment to the local community and its customers has made it a trusted financial partner in central Maryland, and its innovative services and positive workplace culture continue to set it apart from other financial institutions in the area.

Maryland’s top banks, including Sandy Spring Bancorp, Eastern Savings Bank, Community Bank of Tri-County, and The Columbia Bank, all play crucial roles in the state’s financial landscape. These institutions provide a broad range of banking services, from personal banking products like savings accounts and mortgages to commercial banking services like business loans and cash management. Their commitment to customer service, community engagement, and financial stability has helped them maintain strong positions in the competitive Maryland banking market. Whether through a focus on customer relationships, innovative services, or community involvement, these banks continue to make significant contributions to the financial well-being of Maryland’s residents and businesses.