Glen Burnie Bancorp (GLBZ)

Overall impact
B (79)

Commentary

Glen Burnie Bancorp is a strong overall performer. With a 'B' rating of 78.9 for overall impact (93rd percentile compared to all companies), Glen Burnie Bancorp ranks 7th out of 81 industry peers, behind First United, First US Bancshares, Middlefield Banc and 3 others, and ahead of American National Bankshares, Atlantic Capital Bancshares, Ameris Bancorp and 71 others. On top material causes for Glen Burnie Bancorp's industry (Banking), Glen Burnie Bancorp performs well in Reduced Inequality (82.7 score), Reduced Availability of Weapons (81.3), Sustainable Use of Natural Resources (95.4) and 8 other causes where it received an 'A' score. Glen Burnie Bancorp did not receive a 'D' or 'F' rating on any cause.
Impact
Cause GLBZ
Peer rank
Overall impact

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Impact trend

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Company
Founded
1949
Employees
73
Sector
Financials
Industry
Banks
Sub-industry
Regional Banks
SASB industry
Commercial Banks
Headquarters
Md, United States
Share classes
GLBZ
Description
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer instalment lending, such as indirect automobile lending services; residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans; and farmland, single-family residential, multi-family, SBA guaranty, and automobile loans. In addition, the company offers safe deposit boxes, night depositories, automated clearinghouse transactions, wire transfers, and automated teller machine (ATM) services, as well as electronic banking services, such as telephone and online banking, bill pay, card management and control, mobile app, merchant source capture, mobile deposit capture, Zelle, etc. Further, it provides treasury services, including wire transfer services, ACH services, and debit cards. It serves individual and corporate customers. The company was founded in 1949 and is based in Glen Burnie, Maryland.
Material causes
Ethos considers the following causes material for Glen Burnie Bancorp, based on its industry sub-industry Regional Banks. Learn more about material causes in our methodology overview.

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