Just about every bank based in the Baltimore region is about the same size as it was five years ago, or a little bigger, save one — CFG Bank more than quadrupled its assets, deposits and profits since the end of 2018. With about $4.25 billion in assets at the end of last year, CFG remains a small player nationally, but the Baltimore County bank has blossomed into the biggest bank headquartered in the metropolitan area and fourth biggest in Maryland, even as rising interest rates, depositor worries and bank failures roil the industry.
Baltimore’s CFG Bank has grown its own way, quadrupling in size in just a few years
May 19, 2023