Ever since its inception the bank was locally owned and operated serving both businesses and individuals. According to the bank’s website “the bank is able to remain the same strong, reliable, and safe bank as when it began. In fact, NBRS Financial is one of only two banks in the state of Maryland to stay open and solvent during the years of the Great Depression.” Management’s boasting about the strong financial position of NBRS Financial appears ridiculous today, but they join a long line of failed banks that insisted they were solvent until they failed.