Featured Savings Rates
Featured Accounts

Severn Savings Bank, FSB

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.56%5-year CD60 Month CD Bump Up
0.70%1-year CD12 Month CD
0.20%SavingsStatement Savings Account

Overview / Commentary
800-752-5854
200 Westgate Circle, Suite 200
Annapolis, MD 21401

Severn Savings Bank, FSB is headquartered in Annapolis and is the 14th largest bank in the state of Maryland. It is also the 981st largest bank in the nation. It was established in 1949 and as of June of 2017, it had grown to 131 employees at 5 locations. Severn Savings Bank, FSB's CD rates are 61% higher than the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #32367
Year Established1949
Employees131
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD4.03%
Annual Interest Income$15.4MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$772.4MM$790.1MM
LoansQ2 2017vs Q2 2016$625.9MM$621.1MM
DepositsQ2 2017vs Q2 2016$582.4MM$546.0MM
Equity CapitalQ2 2017vs Q2 2016$108.1MM$117.3MM
Loan Loss AllowanceQ2 2017vs Q2 2016$7.7MM$8.8MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$5.0MM$9.0MM
Real Estate OwnedQ2 2017vs Q2 2016$1.0MM$1.1MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Severn Savings Bank, FSB Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$50k*-Safe Harbor Passbook Savings Account
OTHER TIERS: 0.05% Up to $2,500 | 0.10% $2,500 - $25k | 0.15% $25k - $50k
0.20%$200-Statement Savings Account
0.20%*$50k*-IRA Savings
OTHER TIERS: 0.05% Up to $2,500 | 0.10% $2,500 - $25k | 0.15% $25k - $50k
0.20%*$50k*-Health Savings Account
OTHER TIERS: 0.05% Up to $2,500 | 0.10% $2,500 - $25k | 0.15% $25k - $50k
0.20%*$50k*-Commercial Health Savings Account
OTHER TIERS: 0.05% Up to $2,500 | 0.10% $2,500 - $25k | 0.15% $25k - $50k

Severn Savings Bank, FSB Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%$5k$50kCommercial 6 Month Money Market Special
1.35%$5k$50k6 Month Money Market Special
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 $2,500 | 0.20% $2,500 - $25k | 0.25% $25k - $50k

Severn Savings Bank, FSB Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Savings Bank, FSB CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$5k$500k48 Month CD Special Bump-Up (New Money)
2.00%$5k$500kBusiness 48 Month CD Special Bump-Up
1.56%*$50k*-60 Month CD Bump Up
OTHER TIERS: 1.50% $1k - $50k
1.56%*$50k*-Business 60 Month CD
OTHER TIERS: 1.50% $5k - $50k
1.45%$5k$500k12 Month CD Special (New Money)
1.45%$5k$500kBusiness 12 Month CD Special
1.26%$1k-48 Month CD Bump Up
1.26%$5k-Business 48 Month CD
1.11%*$100k*-24 Month CD
OTHER TIERS: 1.00% $50k - $100k | 1.05% $1k - $50k
1.11%*$100k*-Business 24 Month CD
OTHER TIERS: 1.00% $50k - $100k | 1.06% $5k - $50k
0.95%$1k-36 Month CD Bump Up
0.95%$5k-Business 36 Month CD
0.90%*$100k*-Business 30 Month CD
OTHER TIERS: 0.85% $1k - $100k
0.90%*$100k*-30 Month CD
OTHER TIERS: 0.85% $1k - $100k
0.80%*$50k*-18 Month CD
OTHER TIERS: 0.75% $1k - $50k
0.80%*$50k*-Business 18 Month CD
OTHER TIERS: 0.75% $5k - $50k
0.70%*$50k*-12 Month CD
OTHER TIERS: 0.65% $1k - $50k
0.70%*$50k*-Business 12 Month CD
OTHER TIERS: 0.65% $5k - $50k
0.40%$1k-6 Month CD
0.40%$5k-Business 6 Month CD
0.25%*$100k*-3 Month CD
OTHER TIERS: 0.15% $1k - $100k
0.25%*$100k*-Business 3 Month CD
OTHER TIERS: 0.15% $5k - $100k

Severn Savings Bank, FSB IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$5k$500k48 Month IRA Special Bump-Up (New Money)
1.56%*$50k*-60 Months IRA
OTHER TIERS: 1.50% $100 - $50k
1.45%$5k$500k12 Month IRA Special (New Money)
1.26%$100-48 Months IRA
1.11%*$100k*-24 Months IRA
OTHER TIERS: 1.00% $50k - $100k | 1.05% $100 - $50k
0.95%$100-36 Months IRA
0.90%*$100k*-30 Month IRA
OTHER TIERS: 0.85% $1k - $100k
0.80%*$50k*-18 Months IRA
OTHER TIERS: 0.75% $100 - $50k
0.70%*$50k*-12 Months IRA
OTHER TIERS: 0.65% $100 - $50k
0.40%$100-6 Months IRA
0.25%*$100k*-3 Months IRA
OTHER TIERS: 0.15% $100 - $100k
Locations


Severn Savings Bank, FSB Locations
Annapolis - West Street Branch1917 West StreetAnnapolis, MD 21401
Severn Savings Bank, FSB200 Westgate Circle, Suite 200Annapolis, MD 21401
Edgewater Branch3083 Solomons Island RdEdgewater, MD 21037
Glen Burnie Branch413 Crain Highway S.E.Glen Burnie, MD 21061
Severna Park Branch589 Benfield RdSeverna Park, MD 21146