Maryland Code, Financial Institutions § 4-701

(b)(1) A savings bank may consolidate with, merge into, or transfer its assets to any banking institution in this State, any other bank in this State, or any State or federal savings and loan association in this State if the Commissioner gives written consent to the transaction.

(2) A savings bank may have any banking institution in this State, any other bank in this State, or any State or federal savings and loan association in this State merge into the savings bank if the Commissioner gives written consent to the transaction.

(1) Two thirds of the members of the savings bank, voting in person or by proxy; or

(2) If there are no members, the board of directors of the savings bank.

(1) Signed and acknowledged by the president and treasurer of each party to the transaction; and

(2) Filed with the Commissioner.

(e)(1) Except as provided in subsection (f) of this section, the Commissioner shall publish a notice of the filing of the agreement.

(2) The notice shall be published in the Maryland Register as provided in the State Documents Law.

(1) The financial condition or stability of one of the parties to the proposed transaction is such that a delay of the proposed transaction will cause an economic hardship to it; and

(2) Approval of the agreement is in the public interest.