Baltimore County Savings Bank

Baltimore County Savings Bank Locations
4208 Ebenezer Road
Baltimore, MD 21236
410-256-5000
www.baltcosavings.com



The Bank is a federal savings bank operating through eighteen banking offices serving the Baltimore Metro area. The Bank’s principal business consists of attracting deposits from the general public and investing these funds in loans secured by first mortgages on owner-occupied, single-family residences in the Bank’s market area, and, to a lesser extent, other real estate loans, consisting of construction loans, single-family rental property loans, commercial real estate loans, and consumer loans. The Bank derives its income principally from interest earned on loans and, to a lesser extent, interest earned on mortgage-backed securities and investment securities. Funds for these activities are provided principally by operating revenues, deposits and repayments of outstanding loans and investment securities and mortgage-backed securities.

Related Posts

Baltimore County Savings Bank Rewards Checking: Rate Drop To 3.00% Apy From 4.00% Apy (Forum) - 11/4/2010

The rate drop is effective Nov. 4 2010.  

Reward Checking Account at Baltimore County Savings Bank - Local Only - 6/15/2009

Baltimore County Savings Bank is offering a rewards checking account with the following rates and features if certain monthly requirements are met



See Rates for: Checking | Savings | Money Market | CD | IRA

Baltimore County Savings Bank Checking Account Rates

ApyMinMaxProduct
2.00%-$25kUChoose Rewards Checking
0.25%$250-Senior Gold Checking
0.20%$1k-Super Checking
0.10%$250-Interest Checking

Baltimore County Savings Bank Savings Account Rates

ApyMinMaxProduct
1.00%$10k-Health Savings Account
0.50%$50k-Business Savings
0.25%$250-Statement Savings
0.25%$100-IRA Statement Savings
0.25%$250-Money Market Passbook
0.25%--Super Saver Kids
0.20%$250-Passbook Savings

Baltimore County Savings Bank Money Market Rates

ApyMinMaxProduct
0.75%$250k-Mega Money Market
0.30%$20k-Money Market Deposit

Baltimore County Savings Bank CD Rates

ApyMinMaxProduct
1.82%$500-60 Month CD with Checking
1.65%$500-60 Month CD
1.60%$500-48 Month CD with Checking
1.45%$500-48 Month CD
1.38%$1k-CD Special 38 Month One-time Rate Bump with Checking
1.25%$1k-CD Special 38 Month One-time Rate Bump
1.10%$500-36 Month CD with Checking
1.00%$500-36 Month CD
0.99%$1k-CD Special 17 Month One-time Rate Bump with Checking
0.94%$500-30 Month CD with Checking
0.90%$1k-CD Special 17 months One-time Rate Bump
0.85%$500-30 Month CD
0.77%$500-24 Month CD with Checking
0.70%$500-24 Month CD
0.61%$500-18 Month CD with Checking
0.55%$500-18 Month CD
0.50%$500-12 Month CD with Checking
0.45%$500-12 Month CD
0.22%$500-6 Month CD with Checking
0.20%$500-6 Month CD
0.06%$500-3 Month CD with Checking
0.05%$500-3 Month CD

Baltimore County Savings Bank IRA Rates

ApyMinMaxProduct
1.82%$500-5 Year IRA with Checking
1.82%$500-5 Year Roth IRA with Checking
1.65%$500-5 Year IRA
1.65%$500-5 Year Roth IRA
1.60%$500-4 Year IRA with Checking
1.60%$500-4 Year Roth IRA with Checking
1.45%$500-4 Year IRA
1.45%$500-4 Year Roth IRA
1.38%$1k-IRA Special 38 Month One-time Rate Bump with Checking
1.38%$1k-Roth IRA Special 38 Month One-time Rate Bump with Checking
1.25%$1k-IRA Special 38 Month One-time Rate Bump
1.25%$1k-Roth IRA Special 38 Month One-time Rate Bump
1.10%$500-3 Year IRA with Checking
1.10%$500-3 Year Roth IRA with Checking
1.00%$500-3 Year IRA
1.00%$500-3 Year Roth IRA
0.99%$1k-IRA Special 17 Month One-time Rate Bump with Checking
0.99%$1k-Roth IRA Special 17 months IRA with Checking
0.94%$500-30 Month IRA with Checking
0.94%$500-30 Month Roth IRA with Checking
0.90%$1k-IRA Special 17 Month One-time Rate Bump
0.90%$1k-Roth IRA Special 17 months
0.85%$500-30 Month IRA
0.85%$500-30 Month Roth IRA
0.77%$500-2 Year IRA with Checking
0.77%$500-2 Year Roth IRA with Checking
0.70%$500-2 Year IRA
0.70%$500-2 Year Roth IRA
0.61%$500-18 Month IRA with Checking
0.61%$500-18 Month Roth IRA with Checking
0.55%$500-18 Month IRA
0.55%$500-18 Month Roth IRA
0.50%$500-1 Year IRA with Checking
0.50%$500-1 Year Roth IRA with Checking
0.45%$500-1 Year IRA
0.45%$500-1 Year Roth IRA
0.22%$500-6 Month IRA with Checking
0.22%$500-6 Month Roth IRA with Checking
0.20%$500-6 Month IRA
0.20%$500-6 Month Roth IRA
0.06%$500-3 Month IRA with Checking
0.06%$500-3 Month Roth IRA with Checking
0.05%$500-3 Month IRA
0.05%$500-3 Month Roth IRA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Baltimore County Savings Bank, FSB
OTS #08163
FDIC Certificate #32341
BankRate ReportView
Year Established1955
Employees145
Primary RegulatorOCC

Assets and Liabilities

Assets$620.52 million
Loans$364.85 million
Deposits$552.56 million
Equity Capital$63.09 million
Loan Loss Allowance$3.56 million
Unbacked Noncurrent Loans$16.51 million
Real Estate Owned$2.94 million

Historic Data - September 2010

Assets$616.56 million
Equity Capital$67.15 million
Loan Loss Allowance$4.06 million
Unbacked Noncurrent Loans$10.28 million

Profit Margin - Quarterly

Net Interest Margin3.32%
Return on Assets0.11%
Return on Equity1.09%
Interest Income$20.20 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Baltimore County Savings Bank had $19.44 million in non-current loans and owned real-estate with $66.64 million in equity and loan loss allowances on hand to cover it. This gives Baltimore County Savings Bank a Texas Ratio of 29.17% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Baltimore County Savings Bank increased slightly from 14.43% as of September 30, 2010 to 29.17% as of September 30, 2011, resulting in a negative change of 102.17%. This indicates that the balance sheet and financial strength for Baltimore County Savings Bank has declined slightly in recent periods.
Deposit Growth4
In the past year, Baltimore County Savings Bank has increased its total deposits by $9.73 million, resulting in 1.79% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Baltimore County Savings Bank has shown is above average.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Baltimore County Savings Bank has $620.52 million in assets with $66.64 million in equity, resulting in a capitalization level of 10.74%, which is above average.
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