Arundel Federal Savings Bank Becomes Arundel Bank. – Read the story

Arundel Federal Savings Bank Becomes Arundel Bank

June 4, 2026
arundel federal becomes arundel bank

A new name that reflects a stronger commitment to Maryland businesses, communities, and relationships.

Download the Full Press Release (PDF)

GLEN BURNIE, Md. — JUNE 5, 2026 — After serving Maryland communities for more than 120 years, Arundel Federal Savings Bank is proud to announce its new name: Arundel Bank.

The name change reflects the evolution of the organization while honoring the values that have defined it since 1906. As Arundel Bank, the institution will continue delivering the same relationship-focused service, local decision-making, and long-term commitment that customers have trusted for generations.

“Our new name is simpler, clearer, and more representative of who we are today,” said Matthew Mullen, President and CEO of Arundel Bank. “While much has changed in banking over the past century, our purpose has not. We remain committed to helping Maryland families, businesses, and communities thrive through personal service, local expertise, and common-sense banking.”

The transition to Arundel Bank marks an important milestone in the organization’s history. While the bank has long been known for serving individuals and families throughout Maryland, it has also expanded its support of small businesses, commercial lending, and community investment. The new name better reflects the full breadth of services offered today and the bank’s vision for the future.

Importantly, the name change does not affect customer accounts, services, locations, online banking access, or existing relationships. Customers will continue to work with the same trusted team members they know today.

As a Maryland-based independent bank, Arundel Bank remains uniquely positioned to make local decisions, build lasting relationships, and focus on the long-term success of the communities it serves.

Unlike many financial institutions that have merged, consolidated, or shifted decision-making outside the region, Arundel Bank continues to operate independently with leadership, lending decisions, and customer relationships rooted in Maryland.

“We believe banking is still a people business,” added Mullen. “Our customers are more than account numbers. They’re our neighbors, local business owners, community leaders, and families. That’s been true since 1906, and it remains true today.”

The rollout of the Arundel Bank name and brand identity will occur throughout 2026 across branches, digital platforms, marketing materials, and community communications.

About Arundel Bank

Founded in 1906, Arundel Bank is a Maryland-based independent community bank serving individuals, families, and businesses throughout the state. The bank offers personal banking, business banking, commercial lending, mortgage lending and retail lending services. Built on local relationships and local decision-making, Arundel Bank remains committed to helping Maryland communities grow and prosper.

Built for Maryland.
100% Independent Since 1906.
We’ll Be Here.

Media Contact
Jeanne Slaughter
Corporate Communications Director

Arundel Bank
410-863-7028
jslaughter@arundelbank.com
www.arundelbank.com