BankRankedBanks in Maryland
5 FDIC-insured banks headquartered in Maryland, ranked by total assets.
Maryland is home to 5 FDIC-insured banks holding a combined $33.90B in total assets and approximately $29.60B in deposits (Source: FDIC BankFind). These figures represent banks headquartered in Maryland and may not include all branches of out-of-state banks operating in the state.
EagleBank is the largest bank headquartered in Maryland with $10.45B in total assets, indicating moderate market concentration among the largest institutions (Source: FDIC BankFind). The mix of national banks, regional institutions, and community banks in Maryland provides consumers with a range of options based on their banking preferences.
Total Banks
5
Combined Assets
$33.90B
Avg ROA
0.85%
Largest banks in Maryland
EagleBank is the largest bank headquartered in Maryland with $10.45B in total assets and 14 branches (Source: FDIC BankFind).
Forbright Bank is a major bank headquartered in Maryland with $7.92B in total assets and 3 branches (Source: FDIC BankFind).
Shore United Bank is a major bank headquartered in Maryland with $6.25B in total assets and 38 branches (Source: FDIC BankFind).
CFG Bank is a major bank headquartered in Maryland with $5.74B in total assets and 3 branches (Source: FDIC BankFind).
Capital Bank is a major bank headquartered in Maryland with $3.55B in total assets and 8 branches (Source: FDIC BankFind).
Banks headquartered in Maryland
| # | Bank | Total Assets |
|---|---|---|
| 1 | EagleBank | $10.45B |
| 2 | Forbright Bank | $7.92B |
| 3 | Shore United Bank, National Association | $6.25B |
| 4 | CFG Bank | $5.74B |
| 5 | Capital Bank, National Association | $3.55B |
Source: FDIC BankFind, most recent quarterly data. Only includes banks headquartered in Maryland. Data last updated: April 2, 2026.
Credit unions in Maryland
4 credit unions headquartered in Maryland, ranked by total assets. Credit unions are member-owned cooperatives insured by the NCUA.
| # | Credit Union | Total Assets |
|---|---|---|
| 1 | STATE EMPLOYEES CU OF MARYLAND, INC | $5.77B |
| 2 | NASA | $5.74B |
| 3 | TOWER | $4.79B |
| 4 | ABERDEEN PROVING GROUND | $2.61B |
Source: NCUA Quarterly Call Report Data. Only includes credit unions headquartered in Maryland.
How to choose a bank in Maryland
When choosing a bank in Maryland, consider what matters most for your financial needs. Maryland has 5 FDIC-insured banks headquartered in the state, plus additional out-of-state banks with local branches. Each institution offers different strengths in terms of branch access, product variety, and community focus.
Consider whether branch access matters to you. If you prefer in-person banking, look for institutions with branches near your home or workplace. If you primarily use mobile and online banking, you may want to prioritize digital features and compare interest rates, as online-focused banks often offer higher savings APYs.
All banks listed on this page are FDIC-insured, meaning deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category (Source: FDIC). Beyond FDIC insurance, compare factors such as monthly maintenance fees, ATM networks, minimum balance requirements, and customer service availability. The CFPB recommends comparing at least three institutions before opening a new account.
Data Sources
FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/
CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/
Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/
BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.