Glen Burnie Bancorp (NASDAQ:GLBZ), Inc. is a bank holding company headquartered in Glen Burnie, Maryland, and operates through its wholly owned subsidiary, Glen Burnie Bank. The company provides a full range of retail and commercial banking services primarily in Anne Arundel, Baltimore, and Howard counties. Its offerings include deposit products such as checking, savings, money market accounts, and certificates of deposit, as well as digital banking solutions for personal and business customers.
In addition to traditional deposit products, Glen Burnie Bancorp offers a variety of loan products, including residential mortgage lending, home equity lines of credit, commercial real estate financing, and small business loans. The bank also provides SBA lending services and equipment financing to support local entrepreneurs and small-to-medium enterprises in its service area. Wealth management and trust services are available through partnerships, allowing clients to access investment advisory, retirement planning, and fiduciary solutions.
Founded in 1960, Glen Burnie Bank has deep roots in its community, focusing on personalized customer service and local decision-making. Over the years, the institution has expanded through organic growth and the development of digital platforms, while maintaining a community banking ethos. Its branch network and lending footprint reflect a commitment to supporting residential and commercial growth in key Maryland suburbs.
The company’s executive management team is led by President and Chief Executive Officer Robert Fennessy, under whose leadership Glen Burnie Bancorp continues to emphasize customer relationships, prudent risk management, and community involvement. The board of directors comprises local business and civic leaders who guide corporate governance and strategic planning to support the bank’s long-term growth objectives.
