Colombo Bank (MD)

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.25%	5-year CD	3.00% - American Express National Bank 60 Month CD
1.00%	1-year CD	2.55% - Goldman Sachs Bank USA High-yield 12 Month CD
0.15%	Savings	1.90% - American Express National Bank High Yield Savings Account

View all Colombo Bank (MD) rates »

Overview / Commentary

www.colombobank.com

240-268-2265

1600 East Gude Drive
Rockville, MD 20850

Colombo Bank (MD) is headquartered in Rockville and is the 37^th largest bank in the state of Maryland. It is also the 2,994^th largest bank in the nation. It was established in 1968 and as of June of 2018, it had grown to 41 employees at 5 locations. Colombo Bank (MD)'s CD rates are 11% higher than the national average, and it has an A health rating.

Overall
FDIC Certificate #	31555
Year Established	1968
Employees	41
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.36%
Return on Equity - YTD	3.25%
Annual Interest Income	$4.5MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$191.6MM$206.3MM
Loans	Q2 2018vs Q2 2017	$149.9MM$158.1MM
Deposits	Q2 2018vs Q2 2017	$141.8MM$150.3MM
Equity Capital	Q2 2018vs Q2 2017	$21.3MM$20.6MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$2.6MM$3.0MM
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$2.0MM$3.0MM
Real Estate Owned	Q2 2018vs Q2 2017	$447.00K$94.00K

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Colombo Bank (MD) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	$50	-	Statement Savings
0.15%	$50	-	IRA Savings
0.15%	$50	-	Commercial Savings

Colombo Bank (MD) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$100k^*	-	Personal Money Market
OTHER TIERS: 0.25% → $2k - $10k \| 0.30% → $10k - $25k \| 0.35% → $25k - $100k
0.40%^*	$100k^*	-	Business Money Market
OTHER TIERS: 0.25% → $2k - $10k \| 0.30% → $10k - $25k \| 0.35% → $25k - $100k

Colombo Bank (MD) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%	-	-	IOLTA Checking
0.20%	$250	-	Personal NOW Checking
0.20%	$500	-	Commercial NOW Checking

Colombo Bank (MD) CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$1k	-	60 Month CD
2.05%	$1k	-	48 Month CD
1.90%	$1k	-	36 Month CD
1.75%	$1k	-	30 Month CD
1.50%	$1k	-	24 Month CD
1.35%	$1k	-	18 Month CD
1.00%	$1k	-	12 Month CD
0.65%	$1k	-	6 Month CD
0.55%	$1k	-	3 Month CD

Colombo Bank (MD) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$50	-	60 Month IRA
2.05%	$50	-	48 Month IRA
1.90%	$50	-	36 Month IRA
1.75%	$50	-	30 Month IRA
1.50%	$50	-	24 Month IRA
1.35%	$50	-	18 Month IRA
1.00%	$50	-	12 Month IRA
0.65%	$50	-	6 Month IRA
0.55%	$50	-	3 Month IRA

Locations

Colombo Bank (MD) Locations
9th Street Branch	1301 9th Street N W	Washington, DC 20001
Independence Federal Savings Bank	1600 East Gude Drive	Rockville, MD 20850
Eastern Avenue Branch	7901 Eastern Avenue	Silver Spring, MD 20910
Baltimore Branch	224 Albemarle St	Baltimore, MD 21202
Bethesda Branch	6929 Arlington Rd	Bethesda, MD 20814

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