North Arundel Savings Bank

North Arundel Savings Bank was established in 1956 under the name North Anne Arundel Federal Savings and Loan Association. In 1988, the institution changed its name to North Arundel Savings Bank, FSB, and transitioned to a mutual savings bank organization type. The bank underwent further regulatory changes in 2016 when it changed its name to North Arundel Savings Bank, switched its primary federal regulatory agency to the Federal Deposit Insurance Corporation, and became classified as an FDIC-supervised state savings bank with a state-chartered designation. The main office of North Arundel Savings Bank moved to 125 Mountain Road in Pasadena, Maryland, in 2007. On January 1, 2022, North Arundel Savings Bank merged with BayVanguard Bank, located in Baltimore, Maryland, marking the end of its independent operations.

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

1956-01-01Institution established. Original name: North Anne Arundel Federal Savings and Loan Association.

1988-12-31Changed Organization Type to Mutual Savings Bank.

1988-12-31Changed Institution Name to North Arundel Savings Bank, Fsb.

2007-05-22Main Office moved to 125 Mountain Road, Pasadena, MD 21122.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2016-01-22Changed Chartering Agency to State.

2016-01-22Changed Bank Class to FDIC Supervised State Savings Bank.

2016-01-22Changed Primary Federal Regulatory Agency to FDIC.

2016-01-22Changed Institution Name to North Arundel Savings Bank.

2022-01-01Merged and became part of BayVanguard Bank in Baltimore, MD.