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Homewood Federal Savings Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.00%
Our Rating
4.6  / 5
SoFi Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 4.00% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.75%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Overview / Commentary
www.homewoodfsb.com
410-327-5220
3228-3230 Eastern Ave
Baltimore, MD 21224

Homewood Federal Savings Bank is headquartered in BALTIMORE and is the 30th largest bank in the state of Maryland. It is also the 4,142nd largest bank in the nation. It was established in 1916 and as of September of 2024, it had grown to 6 employees at 1 location. Homewood Federal Savings Bank's CD rates are 3X the national average, and it has an A health rating.

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Health
A

Data as of Q3 2024

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Homewood Federal Savings Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #31267
Year Established1916
Employees6
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.3%
Return on Equity - YTD1.13%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$66.6MM$60MM
LoansQ3 2024vs Q3 2023$50.2MM$49.8MM
DepositsQ3 2024vs Q3 2023$49.8MM$43.4MM
Equity CapitalQ3 2024vs Q3 2023$16.7MM$16.5MM
Loan Loss AllowanceQ3 2024vs Q3 2023$453K$468K
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$229K$230K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.00%
Our Rating
4.6  / 5
SoFi Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 4.00% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.75%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates
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Always verify rates and promotions with the bank or credit union. We are not Homewood Federal Savings Bank; 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.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Homewood Federal Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%†$10-Statement Savings Account
0.15%†$10-Christmas Club Account

Homewood Federal Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*†$40k*-Money Market Advantage Account
OTHER TIERS: 0.15% → $0 - $40k
0.40%*†$20k*-Money Market Account
OTHER TIERS: 0.05% → $0 - $2.5k | 0.15% → $2.5k - $20k

Homewood Federal Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%†$300-NOW Account

Homewood Federal Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.40%$25k-8 Month CD Special-New Money
4.25%$10k-15 Month CD Special-New Money
3.00%†$500-24 Month CD
3.00%†$10k-19 Month Bump Up CD
2.75%†$500-48 Month CD
2.75%†$500-60 Month CD
2.60%†$500-36 Month CD
2.50%*†$20k*-18 Month CD
OTHER TIERS: 2.40% → $500 - $20k
2.50%†$500-30 Month CD
2.30%*†$25k*-12 Month CD
OTHER TIERS: 0.15% → $500 - $1k | 2.25% → $1k - $25k
2.02%*†$7.5k*-6 Month CD
OTHER TIERS: 2.01% → $500 - $7.5k

Homewood Federal Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%†$100-60 Month IRA
2.74%†$100-42 Month IRA
2.50%†$100-30 Month IRA
2.35%†$100-18 Month IRA
1.50%†$100-12 Month IRA
0.50%†$100-6 Month IRA
Locations


Homewood Federal Savings Bank Locations
Homewood Federal Savings Bank3228 Eastern Ave # 30Baltimore, MD 21224

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