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Members of $6.3 million-asset FIAFE Federal Credit Union will vote early next year on whether to merge into $43 million-asset Central Credit Union of Maryland.December 24
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The Baltimore institution said it would close on Nov. 3 with the intention that employees use the paid time off to participate in the democratic process.September 17
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Driver Management, a bank investor, alleges that First United in Maryland made false claims and improperly lobbied lawmakers to keep its nominees off the board. The bank asserts that it acted properly in response to an attempted hostile takeover.September 9
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MBFT Federal Credit Union serves just 131 members and holds less than $1 million in assets.August 17
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Delmar Bancorp will lose its regionally associated brand when it becomes Partners Bank.August 5
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The $338 million-asset institution already serves more than 3,000 members in the county who were able to join through affiliations with Harford County.July 6
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Delmarva Bancshares, which was on the brink of failure during the financial crisis, will be sold to BV Financial for $54 million.June 18
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The Baltimore-area credit union crossed the latest threshold despite a dip in net income during the first quarter as many organizations struggle with the coronavirus fallout.May 19
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Members of Maryland-based GEICO Federal Credit Union are set to vote on whether to merge into Illinois-based Baxter Credit Union.April 29
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The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks.March 6
