Maryland Federal Bancorp, Inc. is an unitary savings and loan holding company and lone stockholder of Maryland Federal Savings and Loan Association. The company attracts deposits from the general public and invests such deposits primarily in permanent loans secured by first liens on one to four family residential properties and in commercial real estate located in the Association's market area and in consumer loans. The businesses of the bank is conducted through 33 branch offices. Interest and fees on loans accounted for 75% of fiscal 1998 revenues; other interest income, 21% and non interest income, 4%.