Sandy Spring Bancorp, Inc.
| Nasdaq: SASR
Sandy Spring Bancorp, Inc. operates as the holding company for Sandy Spring Bank, which offers commercial banking, retail banking, and trust services to individuals and businesses. It accepts deposits, extending real estate, consumer and commercial loans and lines of credit, equipment leasing, general insurance, personal trust, and investment and wealth management services. The company offers investment and wealth management services through the Bank's subsidiary, West Financial Services. It operates its business through the following segments: Community Banking, Insurance and Investment Management. The Community Banking segment conducts its operations through Sandy Spring Bank and involves delivering a broad range of financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment conducts its operations through Sandy Spring Insurance Company, a subsidiary of the Bank, and offers annuities as an alternative to traditional deposit accounts. Sandy Spring Insurance Company operates the Chesapeake Insurance Group, a general insurance agency located in Annapolis, Maryland, and Neff and Associates, located in Ocean City, Maryland. The Investment Management segment conducts its operations through West Financial Services, Inc., a subsidiary of the Bank. This asset management and financial planning firm, located in McLean, Virginia, provides comprehensive investment management and financial planning to individuals, families, small businesses and associations, including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis and estate planning. The company was founded in 1988 and is headquartered in Olney, MD.