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allfirst
allfirst, formerly the First National Bank changed their name to allfirst Bank, June 28, 1999, a wholly owned company of First Maryland Bancorp is headquartered in Baltimore, MD (the holding company). allfirst is a full service, retail commercial bank and operates 265 bank offices throughout Maryland, Pennsylvania, Washington, D.C., and Northern Virginia.
NOTE: allfirst Bank will merge with Manufacturers and Trade Bank by the end of March, 2003. For more information visit Manufacturers and Trade Bank.
| President |
Susan C. Keating
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| Total Assets |
$77.3 Million for the District of Columbia (as of December 31, 2001)
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| Total Deposits |
$246.6 Million for the District of Columbia (as of December 31, 2001)
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| Branches |
Eleven
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| ATMs |
Seventeen
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| CRA Rating |
Satisfactory (as of January 29, 2001)
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| CRA Statement |
allfirst offers a full rage of credit products including consumer, small business, residential mortgage, home improvement, and commercial loans. allfirst also offers Small Business Administration loans as part of its commercial loan portfolio; allfirst level of responding to community development needs through its investment activities is rated high satisfactory. Qualified community development investments consist primarily of low income housing tax credits while also including stock investments, loan consortiums, charitable grants and contributions to organizations and/or causes directed towards community development needs; allfirst has a high level of community development loans for an assortment of social service, affordable housing, and economic development projects; allfirst has a good level of community development services.
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Primary Focus of CRA Activity |
The bank offers a full range of loan and deposit services. ANB is well positioned to help meet the credit needs of their assessment area. As a percentage of gross loans, 76% were principally commercial real estate loans, 22% were commercial loans, 1% were consumer loans, and 1% other loans.
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