OLNEY, Md., April 28, 2014 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq:SASR), the holding company for Sandy Spring Bank, was named to the prestigious 2014 Forbes list of the 50 Most Trustworthy Financial Companies in America.
"With the improving condition of financial institutions across the country, we're proud to be part of this impressive list of organizations who are true drivers of economic vitality in their communities," said Daniel J. Schrider, President and CEO. "Part of our vision as a company is to improve the financial lives of our clients, employees and communities and we know this starts by establishing a level of trust."
Forbes partnered with proprietary ratings provider and investment advisor GMI RATINGS (GMI) to review the accounting and governance behaviors of more than 8,000 publicly-traded companies in North America. Factors considered by GMI were high-risk events, revenue & expense recognition methods, SEC actions and bankruptcy risk as indicators of a company's credibility.
"As a community bank, we're committed to providing a remarkable client experience each and every day. The foundation of the relationships formed with our clients is based on trust and we are proud to once again be recognized by Forbes as a leading Trustworthy Financial Company," notes Schrider.
About Sandy Spring Bancorp, Inc. (Nasdaq:SASR) /Sandy Spring Bank
With $3.9 billion in assets, Sandy Spring Bancorp, Inc. is the holding company for Sandy Spring Bank and its principal subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc. Sandy Spring Bancorp is the largest publicly traded banking company headquartered and operating in Maryland. Sandy Spring is a community banking organization that focuses its lending and other services on businesses and consumers in the local market area. Independent and community-oriented, Sandy Spring Bank was founded in 1868 and offers a broad range of commercial banking, retail banking and trust services through 46 community offices in Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties in Maryland, and Arlington, Fairfax and Loudoun counties in Virginia. Through its subsidiaries, Sandy Spring Bank also offers a comprehensive menu of insurance and investment management services. Visit www.sandyspringbank.com for more information about Sandy Spring Bank.