Cumberland Security Bank
LOCATIONS
4
View locations
HEALTH RATING
A+
View health report
CURRENT TOP RATE
1.50% APY
60 Month CD
View all rates
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.50% | 5-year CD | |
| 1.40% | 1-year CD | |
| 1.40% | 4-year CD | 2.80% - Discover Bank 4 Year CD |
Overview / Commentary
Cumberland Security Bank is headquartered in Somerset and is the 69th largest bank in the state of Kentucky. It is also the 2,860th largest bank in the nation. It was established in 1909 and as of December of 2018, it had grown to 58 employees at 4 locations. Cumberland Security Bank's CD rates are 56% higher than the national average, and it boasts an A+ health rating.
Health
A+
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11358 |
| Year Established | 1909 |
| Employees | 58 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.96% |
| Return on Equity - YTD | 22.34% |
| Annual Interest Income | $9.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $204.8MM$190.5MM |
| Loans | Q4 2018vs Q4 2017 | $159.8MM$151.4MM |
| Deposits | Q4 2018vs Q4 2017 | $176.6MM$164.5MM |
| Equity Capital | Q4 2018vs Q4 2017 | $27.4MM$25.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $4.6MM$4.5MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $486.00K$0 |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$86.00K |
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Cumberland Security Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | $1k | - | 60 Month CD | |
| 1.40% | $1k | - | 12 Month CD | |
| 1.40% | $1k | - | 48 Month CD | |
| 1.30% | $1k | - | 36 Month CD | |
| 1.25% | $1k | - | 24 Month CD | |
| 1.00% | $1k | - | 8 Month CD | |
| 0.50% | $1k | - | 6 Month CD | |
| 0.30% | $1k | - | 3 Month CD |
Cumberland Security Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.85% | $1k | - | 18 Month Fixed IRA | |
| 0.85% | $1k | - | 18 Month Variable IRA |
Locations
| Cumberland Security Bank Locations | ||
|---|---|---|
| Cumberland Security Bank, Inc. | 107 South Main Street | Somerset, KY 42501 |
| Eubank Branch | 15000 Hgwy 1247 N | Eubank, KY 42567 |
| South Branch | 3758 South Hgwy 27 | Somerset, KY 42501 |
| Somerset Branch | 377 U.S. Highway 27 | Somerset, KY 42501 |