Featured Savings Rates
Featured Accounts

Damascus Community Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.35%5-year CD60 Month CD
0.40%1-year CD12 Month CD
0.03%SavingsStatement Savings Account

Overview / Commentary
301-253-1000
26500 Ridge Road
Damascus, MD 20872

Damascus Community Bank is headquartered in Damascus and is the 33rd largest bank in the state of Maryland. It is also the 2,130th largest bank in the nation. It was established in 1988 and as of September of 2016, it had grown to 82 employees at 5 locations. Damascus Community Bank has an A health rating.

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Health
A

Health Grade Components

Overall
FDIC Certificate #27280
Year Established1988
Employees82
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.18%
Return on Equity - YTD2.24%
Annual Interest Income$7.8MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$314.4MM$289.5MM
LoansQ3 2016vs Q3 2015$232.9MM$200.3MM
DepositsQ3 2016vs Q3 2015$279.7MM$258.6MM
Equity CapitalQ3 2016vs Q3 2015$25.3MM$24.7MM
Loan Loss AllowanceQ3 2016vs Q3 2015$2.9MM$2.7MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$1.4MM$4.0MM
Real Estate OwnedQ3 2016vs Q3 2015$60.00K$104.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Damascus Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Statement Savings Account

Damascus Community Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Money Market Checking Account
OTHER TIERS: 0.03% Up to $10k | 0.07% $10k - $25k | 0.10% $25k - $50k

Damascus Community Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Checking Plus Interest (NOW)

Damascus Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%--60 Month CD
1.10%--48 Month CD
0.80%--36 Month CD
0.65%--24 Month CD
0.40%--12 Month CD
0.20%--6 Month CD
0.10%--3 Month CD

Damascus Community Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%--60 Month IRA
1.10%--48 Month IRA
0.80%--36 Month IRA
0.65%--24 Month IRA
0.40%--12 Month IRA
0.40%--12 Month Variable Rate IRA
Locations


Damascus Community Bank Locations
Green Valley Office11801 Fingerboard RoadMonrovia, MD 21770
Mount Airy Branch201 E. Ridgeville BlvdMount Airy, MD 21771
Clarksburg Branch23400 Frederick RoadClarksburg, MD 20871
Damascus Community Bank26500 Ridge RoadDamascus, MD 20872
Airpark Office7601 Airpark RoadGaithersburg, MD 20879