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Welcome to Belmont Finance. Our company was founded in June of 2005 by John Harris IV. Having been in direct sales for 17 years and financing with many other companies, his original vision was to develop a direct sales finance program that would allow him a greater percent of profit for his sales company. Starting small and slow, he soon realized that with todays technologies and the growth of his own distributorship that it was time to make a move.We hired our first employee, Cara Bloom, who is now the C.O.O. of our company. Six months later, we invited a fellow distributor friend to finance with us, and word started to spread! A good thing doesnt stay quiet for long, and with more distributors asking to sign on, we realized our little company was heading in the right direction. Belmont was created by a direct sales distributor who wanted to be treated fair and honest in his daily business activities. We didnt envision there would be so many distributors looking for that same relationship. Our industry is a dynamic and fast-paced business, so we developed a finance program to meet direct sales distributors needs. Belmonts vision was to start small and simple with its main focus on customer service, not only for the owner and his new-found business growth, but most importantly for the borrower. By the end of 2008, Belmont Finance had grown to 36 distributors in 9 different states. We started to realize that our success wasnt ours at all. It was the distributors that were doing all of the hard work in the field, working 10 - 12 hour days and 6 - 7 days a week. Our original finance model not only stood the test of the most difficult economy of our generation, it also helped with the growth of our participating businesses. By the end of 2010, Belmont had tripled in size to over 120 distributors in 18 states. It was time to add on to the business.
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Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. It accepts various deposits, such as regular savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, Christmas Club accounts, and certificates of deposit. The company offers various lending activities, including residential and commercial real estate loans, construction loans, land acquisition and development loans, commercial loans, and consumer installment loans comprising indirect automobile loans. It also offers various ancillary products and services, which include safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, wire transfers, automated teller machines, telephone banking, and Internet banking services. It serves customers in northern Anne Arundel county and surrounding areas from its main office; branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company was founded in 1949 and is based in Glen Burnie, Maryland.