About Us

Headquartered in Baltimore, Maryland, Advance Bank is a federally chartered Mutual Savings Bank. Since 1957, Advance Bank has provided banking services to the residents of Baltimore City and the surrounding communities. Since opening our doors, our goal has been to serve the community by providing homeownership loans, business loans, numerous savings products, and a host of other competitive banking services – all designed for our most valuable asset, our customers.

For over 46 years, Advance Bank has continued to prosper and grow. We’re excited that in 2003, Advance Bank was the successor by merger of Berean Bank, located in Philadelphia, Pennsylvania. Now with branch offices in two dynamic markets, Baltimore and Philadelphia, we’re looking for ways to serve our customers better with new products and services, additional delivery systems, a wide variety of ancillary services and exceptional customer service.

Advance Bank is managed by an experienced management team with extensive banking backgrounds. In addition the bank is governed by a seven (7) member board of directors. Our directors have diverse professional and business backgrounds and have substantial ties to the communities we serve. Because of their backgrounds, they understand what our customers expect from a community bank. The board members and the management serve with pleasure and take their roles and commitment to the community that they are so much a part of very seriously.

Please feel free to stop by any of our branch locations or give us a call regarding any of our products or services. At Advance Bank we want you to “Get to Know Us”.

We appreciate the opportunity to serve you.