M&A Deal Summary

The Bank of Glen Burnie Acquires VA Wholesale Mortgage

On August 18, 2025, The Bank of Glen Burnie acquired financial services company VA Wholesale Mortgage

Acquisition Highlights
  • This is The Bank of Glen Burnie’s 1st transaction in the Financial Services sector.
  • This is The Bank of Glen Burnie’s 1st transaction in the United States.
  • This is The Bank of Glen Burnie’s 1st transaction in Virginia.

M&A Deal Summary

Date 2025-08-18
Target VA Wholesale Mortgage
Sector Financial Services
Buyer(s) The Bank of Glen Burnie
Deal Type Add-on Acquisition

Target

VA Wholesale Mortgage

Virginia Beach, Virginia, United States
VA Wholesale Mortgage (VAWM) is a veteran-owned-and-operated business that offers home financing to a wide range of customers, with a special focus on serving active-duty and retired members of the U.S. armed forces. The company specializes in VA home loans, helping military service members, veterans, and their families achieve the dream of homeownership. In addition to VA loans, it offers FHA, Conventional, Jumbo, and Non-QM loan products to meet a wide range of financial needs. VA Wholesale Mortgage is based in Virginia Beach, Virginia.

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Buyer(S) 1

Buyer

The Bank of Glen Burnie

Glen Burnie, Maryland, United States

Category Company
Founded 1949
Sector Financial Services
DESCRIPTION

The Bank of Glen Burnie is a locally owned community bank with six Anne Arundel County branches. The Bank is engaged in commercial and retail banking, including accepting demand and time deposits and originating loans to individuals, associations, partnerships, and corporations. Its real estate financing consists of residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. The Bank of Glen Burnie was formed in 1949 and is based in Glen Burnie, Maryland.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1