What does BMBC mean in COMPANIES & FIRMS
BMBC is an acronym commonly used in business and finance. It stands for Bryn Mawr Bank Corporation. Headquartered in Bryn Mawr, Pennsylvania, BMBC is a financial services company that provides a range of banking and investment services to individuals, businesses, and institutions.
BMBC meaning in Companies & Firms in Business
BMBC mostly used in an acronym Companies & Firms in Category Business that means Bryn Mawr Bank Corporation
Shorthand: BMBC,
Full Form: Bryn Mawr Bank Corporation
For more information of "Bryn Mawr Bank Corporation", see the section below.
What Does BMBC Stand for?
- B: Bryn
- M: Mawr
- B: Bank
- C: Corporation
Business Meaning of BMBC
BMBC is primarily known for its banking operations. It offers a comprehensive suite of services, including:
- Personal Banking: Checking and savings accounts, mortgages, personal loans, and credit cards
- Business Banking: Commercial lending, cash management, and other services tailored to businesses
- Wealth Management: Investment advisory, financial planning, and trust services for high-net-worth individuals and families
- Institutional Banking: Wholesale banking solutions for financial institutions, corporations, and government entities
Essential Questions and Answers on Bryn Mawr Bank Corporation in "BUSINESS»FIRMS"
What is Bryn Mawr Bank Corporation (BMBC)?
Bryn Mawr Bank Corporation is a financial holding company headquartered in Bryn Mawr, Pennsylvania. It operates as the parent company of Bryn Mawr Trust Company, a state-chartered commercial bank that provides a range of financial services to individuals, businesses, and non-profit organizations.
Which areas does BMBC primarily serve?
BMBC primarily serves the Greater Philadelphia region, including the counties of Chester, Delaware, Montgomery, and Philadelphia in Pennsylvania, as well as New Castle County in Delaware.
What types of financial services does BMBC offer?
Through its subsidiary, Bryn Mawr Trust Company, BMBC offers a comprehensive suite of financial services, including checking and savings accounts, personal and business loans, mortgages, wealth management, and trust services.
Is BMBC a publicly traded company?
Yes, BMBC is a publicly traded company listed on the NASDAQ Global Select Market under the ticker symbol "BMBC."
What is the FDIC insurance coverage limit for BMBC accounts?
Deposits at Bryn Mawr Trust Company, a subsidiary of BMBC, are insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum coverage limit of $250,000 per depositor.
Final Words: BMBC (Bryn Mawr Bank Corporation) is a reputable financial institution with a strong presence in the Philadelphia region and beyond. Its diversified range of banking and investment services makes it a valuable partner for individuals, businesses, and institutions seeking comprehensive financial solutions.
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