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Severn Bancorp
United States
1946 (79 Years)
Last online: No recent activity
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Severn Bancorp
Company Information
Get to know Severn Bancorp
Severn Bancorp is a savings and loan holding company that offers full-service banking including residential lending. Banking with Severn Savings Bank is about more than dollars and cents. It is about the relationships, families, futures, and legacies that make up our community. They have made it our mission to enhance this country you call home. A mission accomplishes by reinvesting in the climate, culture, commerce, and people of this region; time and time again. Their commitment to serving this area exclusively started in 1980; when we pledged to provide our neighbors the best service for their business, home loan, and personal banking needs. Anne Arundel Country residents who recognize this commitment are the reason why Severn Savings Bank is the largest community financial institution in this area. They are always here; for whatever you might need.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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