22. Advance Bank - Black Enterprise
Black Enterprise Magazine September/October 2018 Issue

Advance Bank is a federally chartered minority-owned mutual savings bank. The Baltimore, Maryland-based bank specializes in commercial and mortgage loans.  The financial services firm expanded its services and reach in Pennsylvania when it acquired the Philadelphia-based Berean Bank.

In 2008, the bank reported assets totaling $76 million—up 7.8% from the previous year.

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