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Severn Bancorp
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Founded in 1990, Severn Bancorp, Inc. operated as the holding company for Severn Savings Bank, FSB, a community bank headquartered in Annapolis, Maryland. The bank provided a full range of commercial and retail banking services, including various deposit products, commercial real estate loans, residential mortgage loans, and construction loans. Its primary focus was serving individuals, families, and businesses in Anne Arundel County and the surrounding areas. In November 2021, Severn Bancorp was officially acquired by Shore Bancshares, Inc., the parent company of Shore United Bank, and its operations were merged and rebranded under the Shore United Bank name.
United States
Industry
Financial
HQ Location