The Maryland Bankers Association maintains three membership categories that are differentiated by type of business. The requirements for each category are as follows:
To be selected as a Charter Member, you must be a national or state-chartered commercial bank, trust company, or savings bank; or a federally-chartered savings bank or savings and loan association that is headquartered, incorporated, and authorized to solicit deposits in the state of Maryland and/or maintains a branch or solicits deposits in Maryland but is headquartered outside of the state.
To be selected as an Associate Financial Member, you must be a state, national or foreign bank/state or federal savings bank, or a savings and loan association that is doing business in Maryland and does not qualify to be a Charter Member. Additional candidates include Trust companies, insurance companies, securities broker-dealers, or other corporations/partnerships that provide financial services as their primary business and is currently doing business in Maryland but do not qualify to be a Charter Member. Learn more about the advantages of becoming a Associate Financial Member here.
To be selected as an Associate Member, you must be a business entity (other than a credit union) that does not meet the eligibility requirements for any other class of membership but that has an interest in the Maryland banking industry.
The MBA staff welcomes inquiries regarding membership in the Association. Assistance is available Monday through Friday during normal business hours (except bank holidays) by calling 410-269-5977 or toll free at 1-800-327-5977.