As Baltimore's community bank, we feel it's essential that we do our part to support financial literacy in our community. During the month of April, we partnered with Operation HOPE: Banking on our Future, and Junior Achievement of Central Maryland to help educate students in the Baltimore community about financial literacy.
Through Operation HOPE: Banking on Our Future, volunteers visited Medfield Heights Elementary School and Old Court Middle School. We educated a total of 176 students about b... [More]
On Saturday, March 21st, my colleague, Autumn Wallace, and I attended the 10th annual Money Power Day which was held in Baltimore City at Poly-Western High School. The event was free to all who attended with the purpose of helping people boost their financial well-being and to inspire those of all ages and income levels. The theme of the day was about the importance of financial literacy and how it can change your life.
Approximately 40 exhibitors including financial institutions, non-profit age... [More]
The difference between winning and losing business is often boiled down to basis points. A basis point is one-hundredth of 1%. To quantify it further, for every $10,000 we lend, we generate $1.00 in revenue for each basis point in interest we charge for a loan. Why does this matter, you ask? Because that is exactly how close Towson University’s “The Associate” competition is between teams Eminence and Synergy. In terms of basis points, the difference between the two teams is in... [More]