Banking & Mortgage-Lending Access in Maryland
340 FDIC-insured institutions (28 currently active) are recorded in Maryland in FDIC BankFind. HMDA 2024 data report an overall mortgage application denial rate of 25.9% in Maryland.
FDIC data as of 2026 · HMDA data year 2024 · Last export: June 20, 2026
How many FDIC-insured institutions are in Maryland?
FDIC BankFind records 340 FDIC-insured institutions (all historical) in Maryland, of which 28 are currently active. Counts include banks, savings banks, and other insured depository institutions across all charter classes.
| Metric | Count |
|---|---|
| Total FDIC-insured institutions (historical) | 340 |
| Currently active | 28 |
Source: FDIC BankFind (src:fdic:bankfind:2026).
Verify: https://banks.data.fdic.gov/
What types of banks are chartered in Maryland?
FDIC uses charter class codes to categorize insured depository institutions. The breakdown for Maryland:
| Charter class | Description | Count |
|---|---|---|
| NM | State non-member bank (Fed non-member) | 113 |
| SB | Savings bank (state-chartered) | 77 |
| N | National bank (OCC-chartered) | 54 |
| SL | Savings institution (state-chartered S&L) | 50 |
| SM | State member bank (Fed member) | 37 |
| SI | Savings institution (OTS-supervised) | 7 |
| NS | Non-member savings bank (state-chartered) | 1 |
| NC | Non-deposit trust company | 1 |
Source: FDIC BankFind (src:fdic:bankfind:2026).
Charter class labels per FDIC BankFind official definitions.
What was the mortgage application denial rate in Maryland? (HMDA 2024)
HMDA 2024 data report an overall mortgage application denial rate of 25.9% in Maryland. The table below shows reported denial rates by applicant race where available in the HMDA dataset.
| Applicant group (reported) | Denial rate |
|---|---|
| Overall | 25.9% |
| White applicants | 20.5% |
| Black applicants | 34.3% |
| Black/White denial rate ratio | 1.67x |
Source: FFIEC HMDA (src:ffiec:hmda:2024).
Verify: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=MD
Mortgage origination volume in Maryland (2024)
HMDA 2024 data record 116,805 originated mortgage loans in Maryland , totaling $40.6B , with an average loan size of $347,508.
| Metric | Value |
|---|---|
| Originated loans (2024) | 116,805 |
| Total origination volume | $40.6B |
| Average loan size | $347,508 |
Source: FFIEC HMDA (src:ffiec:hmda:2024).
Sources & provenance
FDIC data — source id src:fdic:bankfind:2026,
as of 2026.
Verify via FDIC BankFind: https://banks.data.fdic.gov/
HMDA data — source id src:ffiec:hmda:2024,
data year 2024.
Verify via FFIEC Data Browser: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=MD
Data exported June 20, 2026 · content hash 1dbc06b6e541cf29 ·
machine-readable brief: /finance/states/md/context.md
Where to act
- Verify a lender's FDIC status: banks.data.fdic.gov
- File a mortgage complaint (CFPB): consumerfinance.gov/complaint
- Find a HUD-approved housing counselor: hud.gov/findacounselor