Madison Square Federal Savings Bank

Madison Square Federal Savings Bank Locations

9649 Belair Road
Baltimore, MD 21236
410-529-7420
www.madisonsquarefsb.com

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Madison Square Federal Savings Bank is headquartered in Baltimore and is the 61^st largest bank in the state of Maryland. It is also the 3,787^th largest bank in the nation. It was established in 1870 and as of March of 2012, it had grown to 30 employees at 4 locations. Madison Square Federal Savings Bank has a 4-star health rating.

Madison Square Federal Savings Bank Routing Number: 252071227

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

Madison Square Federal Savings Bank Checking Account Rates

	Apy	Min	Max	Product
	0.10%	$200	-	NOW Checking Account

Madison Square Federal Savings Bank Savings Account Rates

Apy	Min	Max	Product
0.25%	-	-	Christmas Club Savings Account
0.15%	$50	-	Passbook Savings Account
0.15%	$2k	-	Investment Savings Account
0.15%	$50	-	Statement Savings Account
0.15%	-	-	Youth Savings Account

Madison Square Federal Savings Bank Money Market Rates

	Apy	Min	Max	Product
	0.60%	$500k	-	Money Market with Checking

Madison Square Federal Savings Bank CD Rates

Apy	Min	Max	Product
1.50%	$500	-	60 Month CD
1.20%	$500	-	48 Month CD
1.00%	$500	-	36 Month CD
1.00%	$1k	-	30 Month Bump CD
0.75%	$500	-	15 Month Bump CD
0.75%	$500	-	27 Month Bump CD
0.70%	$500	-	24 Month CD
0.60%	$500	-	21 Month CD
0.50%	$500	-	18 Month CD
0.40%	$500	-	12 Month CD
0.40%	$500	-	11 Month Bump CD
0.40%	$500	-	13 Month Bump CD
0.35%	$1k	-	12 Month No Penalty CD
0.30%	$500	-	8 Month CD
0.30%	$500	-	10 Month CD
0.30%	$500	-	9 Month Bump CD
0.25%	$500	-	182 Day CD
0.25%	$500	-	6 Month CD
0.25%	$500	-	7 Month Bump CD
0.20%	$500	-	91 Day CD

Madison Square Federal Savings Bank IRA Rates

Apy	Min	Max	Product
1.50%	$100	-	60 Month IRA
1.50%	$100	-	60 Month Roth IRA
1.50%	$100	-	60 Month Coverdell Education IRA
1.20%	$100	-	48 Month IRA
1.20%	$100	-	48 Month Roth IRA
1.20%	$100	-	48 Month Coverdell Education IRA
1.00%	$100	-	36 Month IRA
1.00%	$100	-	36 Month Roth IRA
1.00%	$100	-	36 Month Coverdell Education IRA
0.70%	$100	-	24 Month IRA
0.70%	$100	-	24 Month Roth IRA
0.70%	$100	-	24 Month Coverdell Education IRA
0.52%	$100	-	18 Month Variable IRA
0.52%	$100	-	18 Month Variable Roth IRA
0.52%	$100	-	18 Month Variable Coverdell Education IRA
0.50%	$100	-	18 Month Fixed IRA
0.50%	$100	-	18 Month Fixed Roth IRA
0.50%	$100	-	18 Month Fixed Coverdell Education IRA
0.40%	$100	-	12 Month IRA
0.40%	$100	-	12 Month Roth IRA
0.40%	$100	-	12 Month Coverdell Education IRA
0.30%	$100	-	8 Month IRA
0.30%	$100	-	10 Month IRA
0.30%	$100	-	8 Month Roth IRA
0.30%	$100	-	10 Month Roth IRA
0.30%	$100	-	8 Month Coverdell Education IRA
0.30%	$100	-	10 Month Coverdell Education IRA
0.25%	$100	-	182 Day IRA
0.25%	$100	-	6 Month IRA
0.25%	$100	-	182 Day Roth IRA
0.25%	$100	-	6 Month Roth IRA
0.25%	$100	-	182 Day Coverdell Education IRA
0.25%	$100	-	6 Month Coverdell Education IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Madison Square Federal Savings Bank
OTS #	08156
FDIC Certificate #	32334
BankRate Report	View
Year Established	1870
Employees	30
Primary Regulator	OCC
Assets and Liabilities
Assets	$155.01 million
Loans	$84.99 million
Deposits	$141.86 million
Equity Capital	$12.42 million
Loan Loss Allowance	$837,000
Unbacked Noncurrent Loans	$817,000
Historic Data - March 2011
Assets	$153.78 million
Equity Capital	$11.82 million
Loan Loss Allowance	$568,000
Unbacked Noncurrent Loans	$21,000
Real Estate Owned	$434,000
Profit Margin - Quarterly
Net Interest Margin	2.56%
Return on Assets	-0.01%
Return on Equity	-0.13%
Interest Income	$1.41 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
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 March 31, 2012 Madison Square Federal Savings Bank had $817,000 in non-current loans and owned real-estate with $13.26 million in equity and loan loss allowances on hand to cover it. This gives Madison Square Federal Savings Bank a Texas Ratio of 6.16% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Madison Square Federal Savings Bank held steady from 3.67% as of March 31, 2011 to 6.16% as of March 31, 2012, resulting in a negative change of 67.76%. This indicates that the balance sheet and financial strength for Madison Square Federal Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Madison Square Federal Savings Bank has increased its total deposits by $555,000, resulting in 0.39% 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 Madison Square Federal Savings Bank has shown is average.
Capitalization
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. Madison Square Federal Savings Bank has $155.01 million in assets with $13.26 million in equity, resulting in a capitalization level of 8.55%, which is average.

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