More than one hundred years ago, a small group of citizens and local businessmen in the growing community of Brooklyn, Maryland formed Arundel Perpetual Building and Loan Association (now Arundel Federal Savings Bank) in the corner of a lumber company’s storeroom at Sixth Street and Patapsco Avenue. Their mission was to finance homes for the local citizenry through savings dollars invested by the community.
For the past 100+ years, Arundel Federal has provided a safe place for our customers to save for their future. People just like you trust us to keep their investments secure. We do that by using our assets for the soundest investments we believe we can make – home mortgages. It’s a very simple and enduring philosophy which has served both the bank and our customers well.
With offices in Brooklyn, Glen Burnie, Pasadena, Severna Park, Gambrills and Annapolis, we have committed ourselves to personal, friendly service. We know most of our customers by name and there are no "800" numbers at Arundel Federal. You can call and speak to the president if necessary. We continue to adhere to a conservative management style and have retained a strong base of directors, officers and employees. Arundel is consistently rated as one of the safest financial institutions with capital levels far in excess of federal regulatory requirements.
We have added many new products and services over the years to keep pace with the growing needs of our customers and technological advancements. This new website with added links, calculators and a greatly expanded mortgage loan section is an example of how we adapt proven financial technology to meet the needs of our customers.
"Your Vision. Our Strength." is the phrase that we have adopted for our on-going advertising and promotional efforts. This phrase describes what we do and have consistently done for over 100 years: use our strong capital position and financial strength to help our customers achieve their financial dreams and personal visions.
If you would like in-depth financial information on Arundel Federal Savings Bank, including balance sheet, income statement, performance and condition ratios, or demographic information, access the FDIC’s Institutional Directory Database. Our FDIC Certificate number is 28780. This link will take you from our web site to the FDIC’s website.