Severn Bank

Overview / Commentary

www.severnbank.com

410-260-2000

200 Westgate Circle, Suite 200
Annapolis, MD 21401

Severn Bank is headquartered in Annapolis and is the 11^th largest bank in the state of Maryland. It is also the 803^rd largest bank in the nation. It was established in 1949 and as of December of 2018, it had grown to 159 employees at 6 locations. Severn Bank's CD rates are 2X the national average, and it boasts an A+ health rating.

View all posts from:

2015

2/26 - Severn Savings Bank Offers Two Competitive CD Specials

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Health

A+

Data as of Q4 2018

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Health Grade Components

Overall
FDIC Certificate #	32367
Year Established	1949
Employees	159
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	1.09%
Return on Equity - YTD	8.31%
Annual Interest Income	$37.6MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$970.7MM$801.1MM
Loans	Q4 2018vs Q4 2017	$682.9MM$663.4MM
Deposits	Q4 2018vs Q4 2017	$783.0MM$605.2MM
Equity Capital	Q4 2018vs Q4 2017	$115.8MM$108.7MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$8.0MM$8.0MM
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$4.7MM$6.1MM
Real Estate Owned	Q4 2018vs Q4 2017	$1.5MM$403.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Severn Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.35%^*	$50k^*	-	Safe Harbor Passbook Savings Account
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $25k \| 0.15% → $25k - $50k
0.20%	$200	-	Statement Savings Account
0.20%^*	$50k^*	-	IRA Savings
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $25k \| 0.15% → $25k - $50k
0.20%^*	$50k^*	-	Health Savings Account
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $25k \| 0.15% → $25k - $50k
0.20%^*	$50k^*	-	Commercial Health Savings Account
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $25k \| 0.15% → $25k - $50k
0.20%	-	-	Youth Statement Savings Account

Severn Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$500k^*	-	Commercial Money Market Account
OTHER TIERS: 0.15% → Up to $50k \| 0.20% → $50k - $100k \| 0.25% → $100k - $250k \| 0.30% → $250k - $500k
0.30%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.15% → Up to $2.5k \| 0.20% → $2.5k - $25k \| 0.25% → $25k - $50k

Severn Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%^*	-	$15k	Free Kasasa Cash Checking
OTHER TIERS: 0.20% → $15k+
0.30%^*	$500k^*	-	Commercial Interest Checking
OTHER TIERS: 0.10% → $10k - $100k \| 0.20% → $100k - $500k
0.20%	-	-	Chesapeake Bay Benefits Checking Account
0.20%^*	$100k^*	-	Business Interest Checking
OTHER TIERS: 0.05% → Up to $50k \| 0.10% → $50k - $100k

Severn Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.90%^*	$100k^*	-	60 Month CD Bump Up
OTHER TIERS: 2.80% → $1k - $50k \| 2.85% → $50k - $100k
2.90%^*	$100k^*	-	Business 60 Month CD
OTHER TIERS: 2.80% → $5k - $50k \| 2.85% → $50k - $100k
2.75%^*	$100k^*	-	48 Month CD Bump Up
OTHER TIERS: 2.65% → $1k - $50k \| 2.70% → $50k - $100k
2.75%^*	$100k^*	-	Business 48 Month CD
OTHER TIERS: 2.65% → $5k - $50k \| 2.70% → $50k - $100k
2.60%^*	$100k^*	-	36 Month CD Bump Up
OTHER TIERS: 2.50% → $1k - $50k \| 2.55% → $50k - $100k
2.60%^*	$100k^*	-	Business 36 Month CD
OTHER TIERS: 2.50% → $5k - $50k \| 2.55% → $50k - $100k
2.30%^*	$100k^*	-	24 Month CD
OTHER TIERS: 2.20% → $1k - $50k \| 2.25% → $50k - $100k
2.30%^*	$100k^*	-	Business 24 Month CD
OTHER TIERS: 2.20% → $5k - $50k \| 2.25% → $50k - $100k
2.15%^*	$100k^*	-	18 Month CD
OTHER TIERS: 2.05% → $1k - $50k \| 2.10% → $50k - $100k
2.15%^*	$100k^*	-	Business 18 Month CD
OTHER TIERS: 2.05% → $5k - $50k \| 2.10% → $50k - $100k
2.00%^*	$100k^*	-	12 Month CD
OTHER TIERS: 1.90% → $1k - $50k \| 1.95% → $50k - $100k
2.00%^*	$100k^*	-	Business 12 Month CD
OTHER TIERS: 1.90% → $5k - $50k \| 1.95% → $50k - $100k
1.60%^*	$100k^*	-	6 Month CD
OTHER TIERS: 1.50% → $1k - $50k \| 1.55% → $50k - $100k
1.60%^*	$100k^*	-	Business 6 Month CD
OTHER TIERS: 1.50% → $5k - $50k \| 1.55% → $50k - $100k
1.05%^*	$100k^*	-	3 Month CD
OTHER TIERS: 0.95% → $1k - $50k \| 1.00% → $50k - $100k
1.05%^*	$100k^*	-	Business 3 Month CD
OTHER TIERS: 0.95% → $5k - $50k \| 1.00% → $50k - $100k

Severn Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.90%^*	$100k^*	-	60 Month IRA Bump Up
OTHER TIERS: 2.80% → $100 - $50k \| 2.85% → $50k - $100k
2.75%^*	$100k^*	-	48 Month IRA Bump Up
OTHER TIERS: 2.65% → $100 - $50k \| 2.70% → $50k - $100k
2.60%^*	$100k^*	-	36 Month Bump Up IRA
OTHER TIERS: 2.50% → $100 - $50k \| 2.55% → $50k - $100k
2.30%^*	$100k^*	-	24 Months IRA
OTHER TIERS: 2.20% → $100 - $50k \| 2.25% → $50k - $100k
2.15%^*	$100k^*	-	18 Months IRA
OTHER TIERS: 2.05% → $100 - $50k \| 2.10% → $50k - $100k
2.00%^*	$100k^*	-	12 Months IRA
OTHER TIERS: 1.90% → $100 - $50k \| 1.95% → $50k - $100k
1.60%^*	$100k^*	-	6 Months IRA
OTHER TIERS: 1.50% → $100 - $50k \| 1.55% → $50k - $100k
1.05%^*	$100k^*	-	3 Months IRA
OTHER TIERS: 0.95% → $100 - $50k \| 1.00% → $50k - $100k

Locations

Severn Bank Locations
Annapolis - West Street Branch	1917 West Street	Annapolis, MD 21401
Severn Savings Bank, FSB	200 Westgate Circle, Suite 200	Annapolis, MD 21401
Edgewater Branch	3083 Solomons Island Rd	Edgewater, MD 21037
Glen Burnie Branch	413 Crain Highway S.E.	Glen Burnie, MD 21061
Severna Park Branch	589 Benfield Rd	Severna Park, MD 21146
Lothian Branch	5401 Southern Maryland Blvd	Lothian, MD 20711

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