Overview / Commentary
Cumberland Security Bank is headquartered in Somerset and is the 67th largest bank in the state of Kentucky. It is also the 2,785th largest bank in the nation. It was established in 1909 and as of March of 2019, it had grown to 62 employees at 4 locations. Cumberland Security Bank's CD rates are 11% higher than the national average, and it boasts an A+ health rating.
Health
A+
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11358 |
| Year Established | 1909 |
| Employees | 62 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.68% |
| Return on Equity - YTD | 20.02% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $213.0MM$203.1MM |
| Loans | Q1 2019vs Q1 2018 | $162.9MM$159.0MM |
| Deposits | Q1 2019vs Q1 2018 | $183.9MM$176.5MM |
| Equity Capital | Q1 2019vs Q1 2018 | $28.5MM$26.0MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $4.7MM$4.6MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $315.00K$772.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$83.00K |
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not Cumberland Security Bank; we are a rate comparison website and cannot provide official rates or promotions.
Cumberland Security Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.40% | $1k | - | 8 Month CD | |
| 1.20% | $1k | - | 24 Month CD | |
| 1.15% | $1k | - | 36 Month CD | |
| 1.15% | $1k | - | 48 Month CD | |
| 1.15% | $1k | - | 60 Month CD | |
| 1.00% | $1k | - | 12 Month CD | |
| 0.45% | $1k | - | 6 Month CD | |
| 0.25% | $1k | - | 3 Month CD |
Cumberland Security Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.80% | $1k | - | 18 Month Fixed IRA | |
| 0.80% | $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 |