Cecil Bank
REVIEWS
Based on 1 review
HEALTH RATING
D
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CURRENT TOP RATE
3.60% APY
36 Month CD Special - New Money
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Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.00% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 1.00% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.30% | Savings | 0.26% - National Average |
Overview / Commentary
Cecil Bank is headquartered in Elkton and is the 37th largest bank in the state of Maryland. It is also the 2,949th largest bank in the nation. It was established in 1959 and as of December of 2018, it had grown to 46 employees at 7 locations. Cecil Bank's CD rates are 3X the national average, but it has a D health rating.
Related Posts
Reviews (1)
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 Q4 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 | 46 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.72% |
| Return on Equity - YTD | -26.48% |
| Annual Interest Income | $7.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $195.4MM$212.6MM |
| Loans | Q4 2018vs Q4 2017 | $89.1MM$68.2MM |
| Deposits | Q4 2018vs Q4 2017 | $149.9MM$141.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $11.1MM$15.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $739.00K$1.0MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $170.00K$242.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $23.2MM$24.3MM |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.60% | $500 | - | 36 Month CD Special - New Money | |
| 3.00% | $500 | - | 5 Year Bump-Up CD | |
| 2.65% | $500 | - | 4 Year Bump-Up CD | |
| 2.50% | $2k | - | 12 Month Convenient Access CD | |
| 2.25% | $500 | - | 1 1/2 Year CD | |
| 1.75% | $500 | - | 3 Year Bump-Up CD | |
| 1.50% | $500 | - | 2 Year Bump-Up CD | |
| 1.00% | $500 | - | 1 Year CD | |
| 0.75% | $500 | - | 6 Month CD | |
| 0.75% | $500 | - | 9 Month CD | |
| 0.15% | $500 | - | 91 Day CD |
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 |