EagleBank is headquartered in BETHESDA and is the 2nd largest bank in the state of Maryland. It is also the 147th largest bank in the nation. EagleBank is a community bank with 13 offices in Maryland, Northern Virginia, and Washington, DC. EagleBank also offers a complete line of competitive personal banking products and services.
Related Posts
12/20 - Eaglebank High-Yield Savings Spirals To 4.35% APY
12/4 - Eagle Bank’s 12 Month CD Remains 4.60%
11/15 - Eaglebank High Yield Savings Stumbles To 4.60% APY
10/28 - Eagle Bank 18 Month CD Remains 4.71%
10/7 - 9 Month & 12 Month CDs Decreased To 4.50% While 18 Month CD Remains 4.71%
9/25 - Eaglebank High Yield Savings Dives To 4.85% APY From 5.35% APY
9/19 - 12 Month CD Decreased To 4.90% From 5.11%
9/12 - 6 Month CD Decreased To 5.00% From 5.20%
9/6 - 12 Month CD Decreased To 5.11% From 5.22%
8/29 - 12 Month CD Is Still Available At 5.22%
8/13 - Rates Cut Again
8/5 - 12 Month CD 5.40%
7/22 - 12 Month CD Lowered To 5.40% From 5.44%
7/19 - Eaglebank High Yield Savings Dips From 5.38% APY To 5.35% APY
7/12 - 12 Month CD 5.44%
6/8 - High-Yield Savings 5.38% APY For Balances Of $500,000.00 Or Less
4/15 - New Online 6-Month CD, 5.60% APY
Nice Bank For Cds
Normally I don't bother with local banks in my area (Maryland) because the rates generally are poor in comparison with national on-line banks.
But I happened across EagleBank who was offering 5.44% APY on a 12 month CD. One of their branches was only a few miles away, so I drove over there and opened a CD. The 5.44% APY was available in my choice of terms from 12 months to 17 months (I chose 17 months), which was not at all obvious from their online rate sheet (12 month @ 5.44 and 18 month @ 5.08).
No hassle to open, took five minutes.
CHEX Ruins It
I too was denied by CHEX in December '24. I couldn't
figure out why with a CR of 798 and all the info they want. So, I applied under my wife's info, no problem. I stayed with it b/c of the rates. The one inconvenience
is I need my wife's phone around during authentication when banking. Their Deposit Growth is rated "F" on DA . So, I will not put more than 250K in.
Eaglebank Mastercard Data Spill
Yep, they exposed your data to the bad guys.
Not a good look for EagleBank.
Another CHEX Decline!!!
I too was just declined for a new CD (large balance) due to CHEX. I wonder how much business this bank is losing due to CHEX! I have CDs at a number of financial institutions and routinely open new ones. This is my first CHEX decline. Makes me wonder exactly what info CHEX is providing to cause the decline. It can’t be credit score as mine is very high (and who needs a high credit score to open a CD….i am depositing money, not borrowing money). You have to provide a drivers license to prove identity so it makes me wonder what exactly they are using CHEX for as it seems based on all the posts about CHEX that they are providing bad information to the bank but seems bank doesn’t care. Don’t waste your time with applying (btw, they take your bank account info as part of the application process to fund the account…..so they have your info for the account you plan to use to fund the CD for declined applications). Maybe they should stick to in-branch only CDs!
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34742 |
| Year Established | 1998 |
| Employees | 455 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.72% |
| Return on Equity - YTD | -6.64% |
| Annual Interest Income | $517.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $11.23B$11.11B |
| Loans | Q3 2024vs Q3 2023 | $7.86B$7.83B |
| Deposits | Q3 2024vs Q3 2023 | $8.57B$8.41B |
| Equity Capital | Q3 2024vs Q3 2023 | $1.23B$1.21B |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $111.9MM$83.3MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $134.4MM$70.5MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $2.7MM$1.5MM |
