Company Information

Get to know Carroll Bancorp Inc

Carroll Bancorp, Inc. was incorporated in 1990 and served as the parent holding company for Carroll County Bank and Trust Company. The bank focused on providing a full range of commercial and retail banking services to individuals, businesses, and local government agencies primarily within Carroll County, Maryland. On December 1, 2021, Carroll Bancorp, Inc. was acquired by and merged with Farmers and Merchants Bancorp, Inc. Consequently, its subsidiary bank now operates as Carroll Community Bank, a division of Farmers and Merchants Bank (FMB), continuing its mission of community-focused banking under the new ownership.

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Carroll Bancorp Inc

United States

Founded in

01 Jan 1870 (156 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.