The name of a savings and loan association: (1) Need not indicate that it is a corporation; (2) Shall contain one of the following phrases or any combination of the words: (i) 'Savings association'; (ii) 'Building association'; (iii) 'Savings and loan association'; or (iv) 'Building and loan association'; (3) May not be similar in any material or misleading respect to the name of any other State or federal savings and loan association, except that a savings and loan association in operation before July 1, 1980 may continue to operate under its existing name; and (4) May not include the words 'commercial', 'federal', 'government', 'guaranteed', 'insured', 'Maryland', 'national', 'trust', 'trustee', or 'United States', except that a savings and loan association in operation before July 1, 1986 may continue to operate under its existing name.
Maryland Legal Code