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Arundel Federal Savings Bank

Jan 30, 2014 12:28PM ● By Cate Reynolds

Standing, left to right: Josie Pratt, Amanda Baxley, Joann Shipley, Sara Rychwalski, George Behr, Gail Mossman, Van Mills, Debbie Gaffier, John Kirkpatrick, Jill McGuire, Tracy McQuoid, Fern Madden. Seated: Kathi Finley, Stephanie Fountain, Diana Olup.

Meet the People You’ll Work With

Arundel Federal Savings Bank really is a different kind of bank.

  • Arundel Federal only makes loans in Maryland, with the vast majority of them located in the greater Anne Arundel County area. All loan decisions are made locally by people who know Anne Arundel County and the Maryland residential real estate market.

  • Loans are made and serviced in Maryland by the people you see in the photo above.

  • At Arundel Federal, there’s no need to deal with a call center in another part of the country to ask a question about your Maryland home loan. You deal with people who live and work in the area.

  • Arundel Federal considers loan situations that other banks can’t by evaluating every borrower’s complete financial situation. Arundel Federal lenders don’t rely on a computer to tell them whether to approve a loan.

As a mutual savings bank, Arundel Federal doesn’t have shareholders. Arundel Federal returns its profits to its Maryland borrowers and depositors by offering highly competitive interest rates on both loans and deposits.

Arundel Federal has always done business this way. President George Behr, Jr. says, “Arundel Federal remains true to our original founders’ vision established in 1906 by making individual credit evaluations of each borrower. We don’t use a cookie-cutter approach to lending. We match the right mortgage loan to each borrower so that the borrower buys a home they can afford and once the loan is made we continue to serve the borrower through the life of their loan. This traditional approach to lending has served Arundel Federal and its borrowers well. Despite the market tumult of the past years, Arundel Federal has never stopped making loans. Using the bank’s strong capital base to fund customer dreams of homeownership is reflected in the bank’s advertising statement of “Your Vision. Our Strength.”

Credit for Arundel’s remarkable record of service to its borrowers goes to the lending team at Arundel Federal. Each Arundel Federal residential loan originator has a depth of knowledge that allows them to counsel borrowers and consider each borrower’s unique financial situation.

Arundel Federal uses the money that it takes in from local deposits to make local loans. This long-term commitment to local deposit growth and local lending means that Arundel Federal’s lenders have the flexibility to consider all aspects of a borrower’s situation and to look for ways to make good loans. A major benefit to customers is that they always deal with a local person who understands the challenges borrowers face and lenders who create practical financial solutions to meet customer needs. After the loan is made, Arundel Federal provides local customer service through the life of the loan when customers have questions about their loan payments, escrow accounts, year-end statements or other loan-related questions. Arundel Federal also helps borrowers by financing home improvements with traditional second mortgages and home equity loans.

The bank’s website ( accepts online applications and provides loan calculators, current loan rates and mortgage information. Loan originators are also available to accept applications at any one of the bank’s six offices.

Arundel Federal Savings Bank is a Member FDIC and an Equal Housing Lender.

Commercial Real Estate Lendingthe Arundel Way

Arundel Federal Savings Bank should be your first call when purchasing or improving your commercial real estate property. Use the experienced lending team at Arundel Federal to help evaluate the options for financing your project at the lowest cost possible and in the shortest possible time.

Commercial real estate transactions are often complex and involve substantial commitments of time and capital. A commercial real estate financing package includes issues of interest rate, loan term, guarantees, insurance and a host of other issues that must be evaluated by both the borrower and the lender. At many banks this process can drag out over an extended period of time. At Arundel Federal, our experienced lending team can generally complete a financing package and make a decision in far less time than our more bureaucratic competitors. Our ability to make prompt decisions allows our customers to begin their projects earlier and faster. And, since time is money, quicker decisions by the bank mean that the return on your project’s investment begins sooner.

A key factor in Arundel’s ability to make prompt decisions on commercial real estate deals is the depth of local knowledge that our lending team has. Arundel Federal only makes loans in Maryland and the majority of those loans are in the greater Anne Arundel County area. This benefits our borrowers since the collective experience of our lending team contains an in-depth knowledge of local business conditions, local real estate values and local growth areas…all of which we put to work for you. This depth of local knowledge greatly contributes to the speed with which commercial real estate deals are moved through the decision process.

Examples of the kinds of loans that Arundel Federal’s lenders have completed include:

  • $2,100,000, refinance of a 20,910 sf retail automotive center.

  • $950,000, refinance of a 49,468 sf industrial warehouse.

  • $4,300,000, refinance of a 28,600 sf retail and office center.

  • $1,640,000, refinance of a 41,405 sf owner-occupied light industrial manufacturing facility.

Call John Giovanazi who heads up Arundel’s commercial real estate lending team to discuss your commercial real estate project. Whether your project involves property purchases, property improvements or refinance, Arundel Federal should be your first call. John Giovanazi can be reached on his direct line at 410-863-7040 or by email at

Arundel Federal Savings Bank is a Member FDIC and an Equal Housing Lender.

655 Crain Highway South
Glen Burnie, MD 21061

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