Cecil Bank

Overview / Commentary

www.cecilbank.com

410-398-1650

127 North Street
Elkton, MD 21921

Cecil Bank is headquartered in Elkton and is the 29^th largest bank in the state of Maryland. It is also the 2,882^nd largest bank in the nation. It was established in 1959 and as of June of 2022, it had grown to 31 employees at 4 locations. Cecil Bank has a B+ health rating.

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2012
2009

8/9 - Top CD Rates at Cecil Bank in Maryland - Local Only

12/5 - 2.60% 12-Month CD at Cecil Bank in Maryland - Local Only
8/20 - 2.40% 12-Month CD at Cecil Bank in Maryland - Local Only

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

Comment

Health

B+

Data as of Q2 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	31121
Year Established	1959
Employees	31
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.49%
Return on Equity - YTD	6.23%
Annual Interest Income	$3.8MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$230.6MM$194.5MM
Loans	Q2 2022vs Q2 2021	$183.9MM$100.7MM
Deposits	Q2 2022vs Q2 2021	$211.3MM$181.2MM
Equity Capital	Q2 2022vs Q2 2021	$17.5MM$10.8MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$2.0MM$988.00K
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$1.2MM$1.5MM
Real Estate Owned	Q2 2022vs Q2 2021	$1.3MM$11.4MM

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Cecil Bank; we are a rate comparison website and cannot provide official rates or promotions.

* 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
0.15%	$10	-	Statement Savings
0.15%	$10	-	Holiday Savings Account

Cecil Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.30%^*	$100k^*	-	Money Market
OTHER TIERS: 0.10% → $10 - $2.5k \| 0.25% → $2.5k - $100k

Cecil Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$2.5k^*	-	Premium High Yield Checking
OTHER TIERS: 0.10% → $10 - $2.5k
0.15%^*	$500^*	-	NOW High Yield Checking
OTHER TIERS: 0.05% → $10 - $500
0.15%	$10	-	Silver & Gold Checking
0.05%	$10	-	NOW Checking

Cecil Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$500	-	5 Year CD
0.45%	$500	-	4 Year CD
0.40%	$500	-	3 Year CD
0.30%	$500	-	2 Year CD
0.25%	$500	-	1 1/2 Year CD
0.20%	$500	-	9 Month CD
0.20%	$500	-	1 Year CD
0.20%	$2k	-	12 Month Convenient Access CD
0.15%	$500	-	6 Month CD
0.10%	$500	-	91 Day CD

Cecil Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	$100	-	60 Month IRA
0.25%	$100	-	18 Month IRA

Locations

Cecil Bank Locations
108 North East Plaza Branch	108 North East Plaza	North East, MD 21901
Cecil Bank	127 North St	Elkton, MD 21921
Fair Hill Branch	4434 Telegraph Road	Elkton, MD 21921
Rising Sun Towne Centre Branch	56 Rising Sun Towne Centre	Rising Sun, MD 21911

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