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Financial Services Banking
The Harbor Bank of Maryland opened its doors in September of 1982 with $2.1 million in assets. As of December 31, 2020, Harbor Bank's assets were $321 million. The Bank conducts general banking business in seven branch locations; primarily serving the Baltimore, Maryland Metropolitan area, and one loan office in Silver Spring, Maryland. Harbor Bank offers checking, savings, time deposits, credit cards, debit card, commercial real estate, personal, home improvement, and other installment and term loans. The Bank is also a member of local and national ATM networks. The retail nature of the Bank allows for diversification of depositors and borrowers, so it is not dependent upon a single or a few customers. The Bank is proud of being the first community bank in the country to have an Investment Subsidiary, Harbor Financial Services.
