Section 4-206 - General powers of savings bank(a) Except as otherwise provided in this article, a savings bank has all of the general powers granted to Maryland corporations under the Maryland General Corporation Law.(b) In addition to the powers set forth elsewhere in this article, a savings bank may: (1) Receive deposits of money from: (ii) The federal government or its agencies; and(iii) Any state or its political subdivisions;(2) Pledge collateral to secure the deposits of:(i) The federal government or its agencies; or(ii) Any state or its political subdivisions;(3) On good security: (ii) Make loans from deposits;(4) Subject to § 4-603 of this title:(ii) Pledge its assets to secure the debt;(5) Rent its vaults or safe-deposit boxes and, in accordance with the rental agreement, permit deposits of property;(6) Subject to § 5-503 of this article, buy, hold, and convey real property;(7) Subject to § 4-604 of this title, act as trustee under:(i) The federal Self-Employed Individuals Tax Retirement Act of 1962; or(ii) The federal Employee Retirement Income Security Act of 1974;(8) With the prior approval of the Commissioner, exercise the powers granted under § 3-207 of this article to a trust company; and(9) Exercise all of the powers usual in carrying on a business of savings banking.