Montgomery County Bank Named Fifth Best Bank In The Country

Rockville MD

23 March, 2022

10:45 AM

Description

MONTGOMERY COUNTY, MD — S&P Global Market Intelligence unveiled its annual rankings for top-performing banks and credit unions in the United States. Headquartered in Olney, Sandy Spring Bank was among the top 50 banks with more than $10 billion in assets trading on major exchanges. "Sandy Spring Bank became a more than $10 billion company just two years ago, so we are honored to already be at the top of our class," said Daniel J. Schrider, President and CEO of Sandy Spring Bank. "For over 150 years we have prioritized delivering personal service to each of our clients, investing in strategic and sustainable growth, and serving our local communities. I am proud of our employees for their hard work. This recognition demonstrates that as a nearly $13 billion institution, we can bank clients of all sizes and compete on a national stage," he continued. S&P Global Market Intelligence launched the rankings more than a decade ago to assess the performance of community banks and credit unions. The division ranks institutions based on returns, growth and efficiency but places a premium on the strength and risk profile of balance sheets. The recognition comes weeks after Sandy Spring Bank was also recognized as a top-five bank by "Forbes" on its 2022 America's Best Banks list.