The Patapsco Bank

The Patapsco Bank was established on January 1, 1910, originally as the Patapsco Federal Savings and Loan Association. Over its history, the institution underwent several significant changes, including a transition in organizational structure and name. On April 1, 1996, it changed its name to The Patapsco Bank and moved its main office to 1301 Merritt Boulevard in Baltimore, Maryland. Shortly thereafter, it adjusted its regulatory and organizational status, becoming a commercial bank and joining the Federal Reserve System. The Patapsco Bank expanded through acquisitions, including Parkville Federal Savings Bank on April 1, 2004, and Northfield Federal Savings on November 13, 2000. In 2015, it merged with Howard Bank, based in Ellicott City, Maryland, and adopted the Howard Bank name on April 6, 2018. The Patapsco Bank's final merger occurred on February 5, 2022, when it became part of the First National Bank of Pennsylvania, headquartered in Greenville, Pennsylvania.

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

1910-01-01Institution established. Original name: Patapsco Federal Savings and Loan Association.

1988-03-31Main Office moved to 1301 Merritt Blvd, Baltimore, MD 21222.

1996-04-01Changed Organization Type to Stock Savings & Loan.

1996-04-01Main Office moved to 1301 Merritt Blvd, Baltimore, MD 21222.

1996-09-30Institution becomes member of the Federal Reserve System.

1996-09-30Changed Chartering Agency to State.

1996-09-30Changed Organization Type to Commercial Bank.

1996-09-30Changed Primary Federal Regulatory Agency to FED.

1996-09-30Changed Institution Name to The Patapsco Bank.

2000-11-13Acquired Northfield Federal Savings in Baltimore, MD.

2004-04-01Acquired Parkville Federal Savings Bank in Baltimore, MD.

2015-08-29Merged and became part of Howard Bank in Ellicott City, MD.

2018-04-06Changed Institution Name to Howard Bank.

2022-02-05Merged and became part of First National Bank of Pennsylvania in Greenville, PA.