Cecil Bank
REVIEWS
Based on 1 review
HEALTH RATING
D
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CURRENT TOP RATE
3.00% APY
5 Year Bump-Up CD
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Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.00% | 5-year CD | 2.23% - National Average |
| 0.80% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.30% | Savings |
Overview / Commentary
Cecil Bank is headquartered in Elkton and is the 36th largest bank in the state of Maryland. It is also the 2,778th largest bank in the nation. It was established in 1959 and as of September of 2018, it had grown to 47 employees at 7 locations. Cecil Bank's money market rates are 25% higher than the national average, but it has a D health rating.
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Reviews (1)
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Great Little Bank
Posted by: 2Tall | Oct 25, 2010
It's a bank from yesteryear, very friendly and great service. They have a great rate for checking
Health
D
Data as of Q3 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Cecil Bank has a negative return on equity.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 31121 |
| Year Established | 1959 |
| Employees | 47 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.02% |
| Return on Equity - YTD | -15.31% |
| Annual Interest Income | $5.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $212.5MM$194.9MM |
| Loans | Q3 2018vs Q3 2017 | $90.2MM$83.4MM |
| Deposits | Q3 2018vs Q3 2017 | $145.3MM$137.5MM |
| Equity Capital | Q3 2018vs Q3 2017 | $12.7MM$3.0MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $754.00K$985.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $85.00K$9.0MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $24.3MM$30.4MM |
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Cecil Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | $10 | - | Passbook Savings | |
| 0.30% | $10 | - | Statement Savings | |
| 0.15% | $10 | - | Holiday Savings Account |
Cecil Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.55%* | $100k* | - | Money Market | ||
| OTHER TIERS: 0.10% → $10 - $2.5k | 0.50% → $2.5k - $100k | |||||
Cecil Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $50 | - | Premium High Yield Checking | |
| 0.30% | $10 | - | NOW High Yield Checking | |
| 0.30% | $10 | - | Silver & Gold Checking | |
| 0.05% | $10 | - | NOW Checking |
Cecil Bank CD Rates
Cecil Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.00% | $100 | - | 60 Month IRA | |
| 2.25% | $100 | - | 18 Month IRA |
Locations
| Cecil Bank Locations | ||
|---|---|---|
| 108 North East Plaza Branch | 108 North East Plaza | North East, MD 21901 |
| 114 East Pulaski Highway | 114 East Pulaski Highway | Elkton, MD 21921 |
| Cecilton Branch | 122 W. Main Street | Cecilton, MD 21913 |
| Cecil Bank | 127 North St | Elkton, MD 21921 |
| Pulaski Highway Branch | 1609 Pulaski Highway Branch | Havre De Grace, MD 21078 |
| Fair Hill Branch | 4434 Telegraph Road | Elkton, MD 21921 |
| Rising Sun Towne Centre Branch | 56 Rising Sun Towne Centre | Rising Sun, MD 21911 |