Madison Bank of Maryland

Madison Bank of Maryland is a financial institution with a rich history dating back to its establishment on May 4, 1904, originally under the name Madison and Bradford Savings and Loan Association. Over the years, the bank underwent several name changes and structural transformations. In 2002, it became Madison Bradford/Bohemian American Savings Bank following the acquisition of Bohemian American Federal Savings and Loan Association, Inc. in Baltimore, Maryland, and transitioned to a mutual savings bank. By June 1, 2004, the institution was renamed Madison Bohemian Savings Bank. A significant acquisition occurred on April 7, 2006, when it purchased The Back and Middle River Federal Savings and Loan Association, Inc. located in Essex, Maryland. On April 9, 2010, the institution adopted its current name, Madison Bank of Maryland. Additionally, the bank's main office moved to its present location at 1920 Rock Spring Road in Forest Hill, Maryland, on December 5, 2000. Throughout its history, the bank has adapted to changing financial landscapes while continuing to serve the community.

Below is a list of some important events in banks history, including mergers and acquisitions.

1904-05-04Institution established. Original name: Madison and Bradford Savings and Loan Association.

1986-06-30Changed Chartering Agency to Ots.

2000-12-05Main Office moved to 1920 Rock Spring Road, Forest Hill, MD 21050.

2002-03-04Changed Bank Class to Federal Savings Bank.

2002-03-04Changed Organization Type to Mutual Savings Bank.

2002-03-04Changed Institution Name to Madison Bradford/Bohemian American Savings Bank.

2002-03-04Acquired Bohemian American Federal Savings and Loan Association, Inc. in Baltimore, MD.

2004-06-01Changed Institution Name to Madison Bohemian Savings Bank.

2006-04-07Acquired The Back and Middle River Federal Savings and Loan Association, Inc. in Essex, MD.

2010-04-09Changed Institution Name to Madison Bank of Maryland.