Severn Bank

Deposits held and insured by Shore United Bank

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Health
A

Data as of Q2 2021

Data displayed below is for insuring bank: Shore United Bank
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Health Grade Components

Overall
FDIC Certificate #4832
Year Established1876
Employees289
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD8.94%
Annual Interest Income$30.9MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$2.12B$1.72B
LoansQ2 2021vs Q2 2020$1.46B$1.40B
DepositsQ2 2021vs Q2 2020$1.89B$1.51B
Equity CapitalQ2 2021vs Q2 2020$209.7MM$193.8MM
Loan Loss AllowanceQ2 2021vs Q2 2020$15.1MM$11.1MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$4.7MM$12.3MM
Real Estate OwnedQ2 2021vs Q2 2020$203.00K$38.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Severn 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.

Severn Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$200-Statement Savings Account
0.05%--IRA Savings
0.05%--Health Savings Account
0.05%--Commercial Health Savings Account
0.05%--Youth Statement Savings Account

Severn Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$500k*-Commercial Money Market Account
OTHER TIERS: 0.05% Up to $250k | 0.10% $250k - $500k
0.10%*$25k*-Money Market Account
OTHER TIERS: 0.05% Up to $25k

Severn Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--IOLTA
0.05%--Business Interest Checking
0.05%$10k-Commercial Interest Checking
0.05%--Senior Checking

Severn Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$1k-60 Month CD Bump Up
0.50%$5k-Business 60 Month CD
0.45%$1k-48 Month CD Bump Up
0.45%$5k-Business 48 Month CD
0.40%$1k-36 Month CD Bump Up
0.40%$5k-Business 36 Month CD
0.35%$1k-18 Month CD
0.35%$1k-24 Month CD
0.35%$5k-Business 18 Month CD
0.35%$5k-Business 24 Month CD
0.30%$1k-12 Month CD
0.30%$5k-Business 12 Month CD
0.20%$1k-6 Month CD
0.20%$5k-Business 6 Month CD
0.10%$1k-3 Month CD
0.10%$5k-Business 3 Month CD

Severn Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$100-60 Month IRA Bump Up
0.45%$100-48 Month IRA Bump Up
0.40%$100-36 Month Bump Up IRA
0.35%$100-18 Months IRA
0.35%$100-24 Months IRA
0.30%$100-12 Months IRA
0.20%$100-6 Months IRA
0.10%$100-3 Months IRA
Locations


Severn Bank 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
Lothian Branch5401 Southern Maryland BlvdLothian, MD 20711
Crofton Branch2151 Defense HwyCrofton, MD 21114

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