Harbor Bank of Maryland

Opened in 1982, Harbor Bank of Maryland was the first minority-owned, full-service bank in Baltimore.  With assets of $233 million as of 2015, the bank aims to serve as a catalyst for economic development by offering small and mid-size business loans, directing a non-profit community development corporation, and lending in distressed areas.  As a CDFI, the bank is credited with directly leveraging approximately $800 million in Baltimore—investments that have indirectly initiated more than $1.5 billion dollars of new development in the area.