Severn Bancorp, Inc.

Severn Bancorp, Inc.

Severn Bancorp is the holding company for Severn Savings Bank, which operates about five bank branches in Anne Arundel County, Maryland. The thrift provides traditional retail products, including checking and savings accounts, CDs, and IRAs. Severn uses funds from deposits to originate loans and mortgages, primarily residential and commercial mortgages, construction loans, and business loans. The holding company also owns SBI Mortgage, which originates riskier loans than Severn Savings Bank does; it also invests in real estate on its own behalf. Severn is working towards recovery after suffering real estate- and mortgage-related losses in the economic recession.

Contact Details

Office Address

Severn Bancorp, Inc.
200 Westgate Circle, Suite 200
Annapolis, Maryland, USA 21401
Phone: (410) 260-2000
Fax: (410) 841-6296

Executives

Chairman, President, and CEO, Severn Bancorp and Severn Savi

Alan J. Hyatt

EVP and COO, Severn Savings Bank

Philip V. Jones Jr.

Business Reviews for Severn Bancorp, Inc.

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