Baltimore Bancorp's lead bank, the Bank of Baltimore, has agreed to outsource most of its technology operations to Mellon Bank Corp.'s data processing subsidiary.

Bank of Baltimore expects savings of almost $3 million a year by 1994 from the arrangement with Mellon Information Services.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.