Severn Bancorp, Inc. is a savings and loan holding company, which engages in the provision of financial services through its subsidiaries, Severn Savings Bank, FSB, Mid-Maryland Title Company, Inc., SBI Mortgage Company, and Louis Hyatt, Inc. Its subsidiaries offer personal banking, commercial banking, mortgage lending, and commercial real estate. The company is headquartered in Annapolis, Maryland and currently employs 170 full-time employees. The firm conducts business through its subsidiaries, Severn Savings Bank, FSB (the Bank) and SBI Mortgage Company (SBI). The Bank offers a range of deposit products and originates mortgages in its market of Anne Arundel County, Maryland and in other parts of Maryland, Delaware and Virginia. SBI is engaged in the origination of mortgages not suitable for the Bank. SBI owns subsidiary companies that purchase real estate for investment purposes. The Bank provides a range of personal and commercial banking services. Personal services include mortgage lending and various other lending services, as well as checking, savings, money market, time deposit and individual retirement accounts. Commercial services include commercial secured and unsecured lending services, as well as business Internet banking, corporate cash management services and deposit services.
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NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: NortonLifeLock Inc. (NASDAQ: NLOK) concerning pot...
ANNAPOLIS, Md., Aug. 24, 2021 /PRNewswire/ -- Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank) announced that the Board of Directors declared a cash di...
ANNAPOLIS, Md., May 25, 2021 /PRNewswire/ -- Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank) announced that the Board of Directors declared a cash div...
ANNAPOLIS, Md., April 23, 2021 /PRNewswire/ -- Severn Bancorp, Inc. (the Company) (NASDAQ: SVBI), the parent company of Severn Bank (the Bank), reported net income of $3.9 million for the first quart...
NEW YORK, March 11, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: PRA Health Sciences, Inc. (NASDAQ: PRAH) concerni...
NEW YORK, March 4, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Severn Bancorp, Inc. (NASDAQ: SVBI) concerning poten...
NEW YORK, March 4, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Severn Bancorp, Inc. ("Severn" or the...
The stock price of Severn Bancorp, Inc. (NASDAQ: SVBI) is trading at over 20% pre-market. This is why it happened....
MILWAUKEE, March 3, 2021 /PRNewswire/ -- Ademi LLP is investigating Severn (NASDAQ: SVBI) for possible breaches of fiduciary duty and other violations of law in its transaction with Shore. Click here ...