Overview / Commentary
1600 East Gude Drive
Rockville, MD 20850

Colombo Bank (MD) is headquartered in Rockville and is the 37th largest bank in the state of Maryland. It is also the 2,994th 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.

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Health Grade Components

FDIC Certificate #31555
Year Established1968
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.36%
Return on Equity - YTD3.25%
Annual Interest Income$4.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$191.6MM$206.3MM
LoansQ2 2018vs Q2 2017$149.9MM$158.1MM
DepositsQ2 2018vs Q2 2017$141.8MM$150.3MM
Equity CapitalQ2 2018vs Q2 2017$21.3MM$20.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$2.6MM$3.0MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$2.0MM$3.0MM
Real Estate OwnedQ2 2018vs Q2 2017$447.00K$94.00K
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Always verify rates and promotions with the bank or credit union. We are not Colombo Bank (MD); 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.

Colombo Bank (MD) Savings Account Rates

0.15%$50-Statement Savings
0.15%$50-IRA Savings
0.15%$50-Commercial Savings

Colombo Bank (MD) Money Market Rates

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

1.25%--IOLTA Checking
0.20%$250-Personal NOW Checking
0.20%$500-Commercial NOW Checking

Colombo Bank (MD) CD Rates

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

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

Colombo Bank (MD) Locations
9th Street Branch1301 9th Street N WWashington, DC 20001
Independence Federal Savings Bank1600 East Gude DriveRockville, MD 20850
Eastern Avenue Branch7901 Eastern AvenueSilver Spring, MD 20910
Baltimore Branch224 Albemarle StBaltimore, MD 21202
Bethesda Branch6929 Arlington RdBethesda, MD 20814

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