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    Severn Bancorp Inc. (SVBI)

    4.50 Up 0.01(0.22%) 2:50PM EST
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    Severn Bancorp Inc.
    200 Westgate Circle
    Suite 200
    Annapolis, MD 21401
    United States - Map
    Phone: 410-260-2000
    Website: http://www.severnbank.com

    Index Membership:N/A
    Industry:Regional - Mid-Atlantic Banks
    Full Time Employees:160

    Business Summary 

    Severn Bancorp, Inc. operates as the holding company for Severn Savings Bank, FSB that provides personal and commercial banking products and services in Maryland, Delaware, and Virginia. The company offers various deposit products, such as checking, savings, money market, time deposit, and individual retirement accounts. It also offers various loans, including residential mortgage loans; commercial real estate loans; construction and land acquisition, and development loans for the construction of one-to-four family dwellings; land loans for the development of residential subdivisions and loans on unimproved lots; business and commercial loans; and home equity loans, home equity lines of credit, and other consumer loans. In addition, it offers cash management, ATMs, debit cards, mortgage lending, Internet banking, safe deposit boxes, telephone banking, and other products and services. In addition, the company provides commercial real estate brokerage and property management services, as well as acquires real estate for syndication and investment purposes. As of August 1, 2014, it had four branches in Annapolis, Edgewater, and Glen Burnie, Maryland. Severn Bancorp, Inc. was founded in 1946 and is based in Annapolis, Maryland.

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    Key Executives 
    Mr. Alan J. Hyatt , 61
    Chairman, Chief Exec. Officer, Pres, Member of Nominating Committee, Chairman of Severn Savings Bank and Pres of Severn Savings Bank
    Mr. Thomas G. Bevivino CPA, 60
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Sec., Treasurer, Principal Accounting Officer of Severn Savings Bank, Exec. VP of Severn Savings Bank, Sec. of Severn Savings Bank and Treasurer Severn Savings Bank
    Mr. William F. Lindlaw ,
    Chief Lending Officer and Exec. VP
    Ms. Nicole Donegan ,
    VP of Marketing and Communications
    James Orazi ,
    Sr. VP of Mortgage Operations
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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