Forbes Names Sandy Spring Bank One of the 50 Most Trustworthy Financial Companies
Community Bank Earns National Recognition for 10th Consecutive Year
Company Release - 08/19/2015 12:50
OLNEY, Md., Aug. 19, 2015 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (NASDAQ:SASR), the holding company for Sandy Spring Bank, was recognized by Forbes as one of the 50 Most Trustworthy Financial Companies in America. This is the 10th consecutive year that Sandy Spring Bank has earned this designation.
"To be recognized as one of the most trustworthy banks in the business for the past decade is a testament to the people, culture and values that differentiate Sandy Spring Bank," said Daniel J. Schrider, President and CEO of the bank. "We have a company-wide commitment to put the client at the center of every business decision that we make. In turn, we're not only building trusted and lasting relationships, but we're delivering great results for our clients."
More than 700 publicly-traded companies with market caps of $250 million or more were considered for the list. In addition to accounting and governance behaviors, factors such as high-risk events, revenue and expense recognition methods, SEC actions, and bankruptcy risk were assessed. The list was researched and developed by MSCI ESG Research.
"For nearly 150 years, we have been working to make our communities a better place to live, work and raise a family," added Schrider. "To be recognized by Forbes in this way validates that our clients can continue to depend on us to be a trusted financial partner."
About Sandy Spring Bancorp, Inc.
With $4.5 billion in assets, Sandy Spring Bancorp, Inc. is the holding company for Sandy Spring Bank and its principal subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc. Sandy Spring Bank traces its origin to 1868, making it among the oldest banking institutions in the region. Sandy Spring is a community banking organization that focuses its lending and other services on businesses and consumers in the local market area. Independent and community-oriented, Sandy Spring offers a broad range of commercial banking, retail banking and trust services through 44 community offices in Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties in Maryland, and Arlington, Fairfax and Loudoun counties in Virginia. Through its subsidiaries, Sandy Spring Bank also offers a comprehensive menu of insurance and investment management services. Visit www.sandyspringbank.com for more information about Sandy Spring Bank.
CONTACT: Jen Schell 301-570-8331 [email protected]
Source: Sandy Spring Bancorp, Inc.