HEBRON SAVINGS BANK

What HEBRON SAVINGS BANK does

Hebron Savings Bank is a federally chartered, independent community bank headquartered in Hebron, Maryland, operating since 1910 as a wholly-owned subsidiary of HSB Bancorp, Inc. The bank operates 14 branch offices across Wicomico, Dorchester, Somerset, and Worcester Counties on the Delmarva Peninsula, employing over 140 people and serving individual consumers, small-to-mid-size businesses, first-time homebuyers, and the agricultural sector.

The bank's product and technology surface spans a full retail and commercial banking suite. Personal banking includes four checking tiers, five savings options, CDs and IRAs (Traditional, Roth, SEP), instant-issue Visa debit cards, mortgages (construction-to-permanent, ARM, first-time buyer programs), home equity loans and HELOCs, vehicle and boat loans, and CD-secured loans. Business banking includes checking, savings, CDs, cash management with ACH processing and Positive Pay fraud protection, Remote Deposit Capture, business mortgages, lines of credit, and equipment loans. The underlying technology is a third-party digital banking platform exposed via web and native iOS/Android apps, with Touch/Face ID authentication, mobile deposit, person-to-person payments, and integrations with Apple Pay, Samsung Pay, and generic authenticator apps (including Authy) for two-factor security.

Revenue is generated primarily through net interest income from residential, commercial, consumer, and agricultural lending funded by retail and business deposits, supplemented by transaction-based fee income (overdraft/NSF at $35 per item, wire transfers at $15-$50, ATM transactions at $1.75 for non-network use) and subscription-style pricing on checking and savings accounts with account-opening minimums ranging from $25 to $1,000. The bank does not disclose revenue or asset figures; it markets primarily through community involvement, local branch presence, and a content-rich website.

Name

HEBRON SAVINGS BANK

Legal name

Hebron Savings Bank

Website

https://hebronsavingsbank.com

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

101–250 employees

Short description

Hebron Savings Bank is an independent, federally chartered community bank headquartered in Hebron, Maryland, operating 14 branches across four Eastern Shore counties, serving retail consumers, small and mid-size businesses, first-time homebuyers, and the local agricultural sector with full-service deposit, lending, and digital banking products.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

HELOC Origination (Revolving Lines of Credit) (FSALAGAB)

Keywords

• Retail banking services
• Community banking
• Commercial lending
• Mortgage loans
• Digital banking

Headquarters

HQ city

Hebron

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Lending: The bank attracts deposits from the general public and invests those funds back into communities by providing residential and commercial property loans, consumer loans, commercial business loans, and agricultural loans. Interest income from these loan products represents the primary revenue stream.
2. Banking Service Fees: Fee income from overdraft and NSF fees ($35 per item), wire transfers ($15-$50), ATM transactions ($1.75 for non-HSB ATMs), account research, statement copies, stop payments, safe deposit boxes, and other banking services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Hebron Savings Bank is a full-service independent community bank that attracts deposits from the general public and invests those funds back into communities by providing residential and commercial property loans, consumer loans, commercial business loans, and agricultural loans. The bank offers personal and business deposit accounts, certificates of deposit, IRAs, mortgages, home equity products, cash management services, and 24/7 digital banking capabilities through 14 branch offices and online/mobile channels across the Delmarva Peninsula.

Product overview

Hebron Savings Bank is a community bank offering a unified portfolio of retail and commercial banking products and services. Personal banking includes four checking tiers (HSB Free Checking, HSB Rewards, HSB Rewards Plus Interest, HSB Ready), five savings options (Statement Savings, Free Savings, Super Savings, Money Market, Holiday Savings), CDs/IRAs (Certificates of Deposit, Traditional IRA, Roth IRA, SEP Plan), and Visa debit cards with instant issuance. Digital banking encompasses Online Banking, Mobile Banking with Touch/Face ID, Bill Pay, Pay a Person, Mobile Deposit, and Insights budget tracker. Lending products span mortgages (Construction-to-Permanent, ARM, first-time homebuyer programs), home equity (loans and HELOCs), personal loans (vehicle, boat, CD-secured), and business lending (commercial mortgages, lines of credit, equipment loans). Business banking adds Cash Management with ACH Processing and Positive Pay, plus Remote Deposit Capture for commercial check scanning. The product portfolio is organized by customer segment (personal/business) with services connected through shared digital banking infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Personal checking account portfolio with four tiers ranging from a no-fee basic account to a premium interest-bearing account with cash rewards. Designed for individual consumers in the Delmarva region.
• Personal Savings Accounts Personal savings account portfolio including statement savings, no-fee savings, premium tiered-rate savings, money market accounts, and seasonal holiday savings accounts for individual customers.
• Certificates of Deposit (CDs) and IRAs Time deposit products including Certificates of Deposit with terms from 3 to 60 months and Individual Retirement Accounts (Traditional IRA, Roth IRA, SEP Plan) with terms from 12 to 60 months.
• Personal Loans Personal lending products including CD/savings secured loans, vehicle auto loans, and boat loans for marine financing with competitive rates and flexible terms.
• Business Lending Products Commercial lending portfolio including business mortgage loans for office buildings, rental properties, and land development; business lines of credit; and vehicle and equipment loans.
• Business Digital Banking Web-based and mobile banking platform for business accounts offering balance information, transaction history, transfers, loan payments, check reordering, stop payments, debit card management, and two-factor authentication.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• F.N.B. Corporation (First National Bank): Mid-Atlantic regional bank holding company headquartered in Pittsburgh, PA, with branches across PA, OH, MD, WV, NC, and SC. Comparable community-banking roots but at significantly larger scale - relevant incumbent competitor for deposit gathering and commercial lending in overlapping Mid-Atlantic geographies.
• M&T Bank Corporation: Large mid-Atlantic and Northeast regional bank holding company with significant Maryland presence. Represents the competitive incumbent pressure community banks face - offers similar products at scale with greater technology investment capacity, making it a key competitive benchmark for Hebron's market.
• Citizens Financial Group, Inc. Large diversified mid-Atlantic and Northeast regional bank with substantial retail branch presence including Maryland. Represents large-incumbent competitive pressure on community banks like Hebron across both consumer deposits and commercial lending segments.
• Fulton Financial Corporation (Fulton Bank): Larger mid-Atlantic regional bank holding company headquartered in Lancaster, PA, with branches across PA, NJ, MD, DE, and VA. Overlaps with Hebron's Delmarva/Maryland markets at a much larger scale, providing a relevant benchmark for community banking economics and competitive pressure from larger incumbents.

Direct peers

• Atlantic Union Bankshares Corporation: Virginia-headquartered community/regional bank holding company with significant Maryland branch presence. Offers full personal and commercial banking suite including HELOCs, ag lending, and digital banking - directly comparable business model and product set to Hebron Savings Bank.
• ACNB Corporation (ACNB Bank): Pennsylvania-based community bank holding company with cross-border Maryland presence (ACNB Bank acquired Bank of Georgetovvn in Maryland). Operates as a full-service community bank with comparable deposit products, mortgage, and commercial lending - a closely analogous mid-Atlantic community bank model.
• Shore Bancshares, Inc. (Shore United Bank): Maryland Eastern Shore community bank holding company headquartered in Easton, MD, operating in the same Delmarva region as Hebron Savings Bank with overlapping geographies (Talbot, Dorchester, Wicomico counties). Same thrift/community bank business model with comparable retail and commercial lending focus.
• WSFS Financial Corporation (WSFS Bank): Delaware-based community bank holding company serving the greater Delmarva region with branches across DE, MD, NJ, and PA. Operates a similar full-service community banking model with consumer deposits, mortgage, business lending, and cash management - directly comparable to Hebron on products, geography, and scale.
• Orrstown Financial Services, Inc. Pennsylvania-based community bank holding company with branches in PA and MD. Operates as a full-service community bank with consumer deposits, commercial lending, mortgage, and wealth services - closely parallel business model and asset size to Hebron Savings Bank.
• LinkBancorp, Inc. Small community bank holding company with multiple branches across south-central Pennsylvania. Operates a similar community-bank franchise model with comparable deposit/loan products and digital services - a tight analog for size and operating model to Hebron Savings Bank.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/HebronSavingsBank
• LinkedInlinkedin.com/company/hebron-savings-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HEBRON SAVINGS BANK