Overview / Commentary
410-420-9600
1920 Rock Spring Road
Forest Hill, MD 21050

Madison Bank of Maryland is headquartered in Forest Hill and is the 41st largest bank in the state of Maryland. It is also the 3,447th largest bank in the nation. It was established in 1904 and as of June of 2018, it had grown to 25 employees at 3 locations. Madison Bank of Maryland has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #32331
Year Established1904
Employees25
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD3.97%
Annual Interest Income$2.6MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$149.9MM$141.5MM
LoansQ2 2018vs Q2 2017$98.9MM$86.5MM
DepositsQ2 2018vs Q2 2017$103.1MM$103.7MM
Equity CapitalQ2 2018vs Q2 2017$24.1MM$23.7MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.4MM$1.2MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$808.00K$3.0MM
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Madison Bank of Maryland; 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.

Madison Bank of Maryland Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$10-My Club Account
0.15%$5-Kidz Club
0.10%*$500*-Super Statement Savings
OTHER TIERS: 0.05% $25 - $500

Madison Bank of Maryland Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$100k*-Elite Money Market
OTHER TIERS: 0.10% $2.5k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k

Madison Bank of Maryland Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$1k-MB Ultimate NOW Checking
0.15%$500-Senior NOW Checking

Madison Bank of Maryland CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.77%$1.8k-17 Month CD Special
1.61%$500-60 Month CD
1.35%$500-48 Month CD
1.10%$500-36 Month CD
1.05%$500-30 Month CD
0.95%$500-24 Month CD
0.80%$500-18 Month CD
0.55%$500-12 Month CD
0.20%$500-6 Month CD

Madison Bank of Maryland IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.61%$250-60 Month IRA
1.05%$250-30 Month IRA
0.95%$250-24 Month IRA
0.55%$250-12 Month IRA
Locations


Madison Bank of Maryland Locations
Madison Bank Of Maryland1920 Rock Spring RoadForest Hill, MD 21050
Aberdeen Branch501 Stepney RoadAberdeen, MD 21001
Perry Hall Branch8639 Belair RoadBaltimore, MD 21236

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