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[1] [2] The center occupies 75 acres (30 ha) of property 2.0 miles (3.2 km) east of Laytonsville, Maryland, on the site of a former Nike missile base. [3] [4] The NSWC acquired the facility from the Federal Emergency Management Agency (FEMA) in March 2019. [5]
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It provides mobile banking services through its partner bank, Choice Financial Group. Current was founded by Stuart Sopp at June 2015. [ 2 ] In 2020, the Wall Street Journal reported a valuation of $750 million, and reported that Current "is the latest beneficiary of this trend [toward mobile consumer banking]".
Olney is a census-designated place and an unincorporated area in Montgomery County, Maryland, United States. It is located in the north central part of the county, ten miles (16 km) north of Washington, D.C.
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In December 1993, the bank acquired First Montgomery Bank of MD for $1.9 million. [4] In August 1996, the bank acquired Annapolis Bancshares of MD for $17 million. [4] In December 2001, the company acquired Chesapeake Insurance Group of Annapolis and renamed it Sandy Spring Insurance Corp. [5] [4]