The group's principal activity is that of a holding company for the baltimore county savings bank, fsb. The bank is a federally chartered stock savings bank which operates through sixteen banking offices in the baltimore and harford counties of Maryland. The group accepts deposits from the general public and originates commercial and consumer loans secured by first mortgages on owner-occupied, single-family residences in the baltimore metropolitan area. Other investment areas include real estate loans, commercial and consumer loans and automobile loans.
