Overview / Commentary
410-528-1801
25 West Fayette Street
Baltimore, MD 21201

The Harbor Bank of Maryland is headquartered in Baltimore and is the 32nd largest bank in the state of Maryland. It is also the 2,289th largest bank in the nation. It was established in 1982 and as of December of 2018, it had grown to 76 employees at 7 locations. The Harbor Bank of Maryland's CD rates are 3X the national average, and it has a B health rating.

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The Harbor Bank of Maryland Offers 60-Month CD Special, 3.56% APY - 1/10/2019

The Harbor Bank of Maryland (DC/DE/MD/NJ/PA/VA/WV) has a 60-month CD Special (3.56% APY) and IRA Special (3.71% APY) now through 1/31/2019. $1k min of new money.

Reviews (2)

Old School, But Works Online/ Emails

Posted by: AjN | Mar 1, 2019

I agree that it is a bit old school. However, i was okay to send my docs thru email and they were pretty quick to open my account. Took them a day to complete everything once they received my documents.

Old School

Posted by: Sagegriot | Jan 19, 2019

I opened an account here in Oct ‘18 to access the excellent IRA MM rate. I applied online but never could get access to the signature card form to complete the account opening. I called and emailed but no form. I finally went into a branch and completed the process. Website is limited but was able to link to another bank and transfer funds into a regular savings account. The IRA direct transfer request form is not available online (at least I could not find it) so I had to go back into the branch. The form is a carbonless triplicate (hence the title of this post). I’m not sure I would be comfortable here if I could not go into a branch. Hopefully they will improve the website capabilities. In the meantime I am very happy with the IRA MM rate. Some of the CD rates are pretty good too



Health

Health Grade Components

Overall
FDIC Certificate #24015
Year Established1982
Employees76
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.16%
Return on Equity - YTD2.15%
Annual Interest Income$12.5MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$282.6MM$265.9MM
LoansQ4 2018vs Q4 2017$214.2MM$208.5MM
DepositsQ4 2018vs Q4 2017$219.2MM$223.3MM
Equity CapitalQ4 2018vs Q4 2017$20.7MM$20.0MM
Loan Loss AllowanceQ4 2018vs Q4 2017$2.1MM$2.2MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$2.0MM$2.2MM
Real Estate OwnedQ4 2018vs Q4 2017$0$150.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not The Harbor 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.

The Harbor Bank of Maryland Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$1k-Personal Statement Savings
0.15%$1k-Business Statement Savings

The Harbor Bank of Maryland Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.91%$500-IRA Money Market
0.40%*$50k*-Investment Money Market Account
OTHER TIERS: 0.30% $2.5k - $25k | 0.35% $25k - $50k
0.25%*$15k*-Money Market
OTHER TIERS: 0.20% $2.5k - $15k

The Harbor Bank of Maryland Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1k-NOW Account
0.05%$1k-Gold Plus 55+

The Harbor Bank of Maryland CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.56%$1k-60 Month CD Special - New Money
3.56%$1k-Business 60 Month CD Special - New Money
3.04%$1k-36 Month CD Special - New Money
3.04%$1k-Business 36 Month CD Special - New Money
2.79%$1k-24 Month CD Special - New Money
2.79%$1k-Business 24 Month CD Special - New Money
2.53%$1k-12 Month CD Special - New Money
2.53%$1k-Business 12 Month CD Special - New Money
1.01%$100-60 - 120 Month CD
0.65%$100-42 - 59 Month CD
0.45%$100-36 - 41 Month CD
0.35%$100-30 - 35 Month CD
0.30%$100-24 -29 Month CD
0.25%$500-18 - 23 Month CD
0.20%$500-12 - 17 Month CD
0.10%$500-6 - 11 Month CD
0.05%$500-32 Day - 5 Month CD
0.03%$2.5k-7 - 31 Day CD

The Harbor Bank of Maryland IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.71%$1k-60 Month IRA Special - New Money
3.20%$1k-36 Month IRA Special - New Money
2.94%$1k-24 Month IRA Special - New Money
2.68%$1k-12 Month IRA Special - New Money
1.06%$100-5 Year Fixed IRA
0.45%$2.5k-30 Month IRA
0.35%$1k-24 Month IRA
0.30%$100-18 Month Variable IRA
0.25%$1k-12 Month IRA
Locations


The Harbor Bank of Maryland Locations
Inner Harbor East Branch1000 Lancaster Street Suite CBaltimore, MD 21202
The Harbor Bank Of Maryland25 West Fayette StreetBaltimore, MD 21201
Park Heights Branch5000 Park Heights AvenueBaltimore, MD 21215
Riverdale Branch6820 Riverdale RoadRiverdale, MD 20737
Research Park Branch800 West Baltimore StreetBaltimore, MD 21201
Liberty Plaza Branch8530 Liberty RoadRandallstown, MD 21133
Science & Technology Park East At Johns Hopkins Br855 North Wolfe Street, Suite CBaltimore, MD 21205

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