The Queenstown Bank of Maryland is headquartered in Queenstown and is the 16th largest bank in the state of Maryland. It is also the 1,360th largest bank in the nation. It was established in 1899 and as of June of 2022, it had grown to 94 employees at 8 locations. The Queenstown Bank of Maryland's money market rates are 6X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 8816 |
Year Established | 1899 |
Employees | 94 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.93% |
Return on Equity - YTD | 9.68% |
Annual Interest Income | $10.3MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $667.6MM$621.9MM |
Loans | Q2 2022vs Q2 2021 | $397.2MM$390.6MM |
Deposits | Q2 2022vs Q2 2021 | $605.7MM$548.9MM |
Equity Capital | Q2 2022vs Q2 2021 | $58.8MM$70.1MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $7.5MM$7.2MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.1MM$2.1MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $104.00K$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.50%* | - | $20k | Kasasa Saver with Kasasa Cash or Cash Back | ||
OTHER TIERS: 0.20% → $20k+ | |||||
0.25% | $20 | - | IRA Savings Account | ||
0.25% | $10 | - | Savings Club | ||
0.10% | $20 | - | Regular Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.26%* | - | $15k | Kasasa Cash | ||
OTHER TIERS: 0.20% → $15k+ | |||||
0.10% | $1k | - | NOW Checking Account | ||
0.10% | $2.5k | - | Super NOW Checking Account |
The Queenstown Bank of Maryland Locations | ||
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Ridgely Branch | 204a East 6th Street | Ridgely, MD 21660 |
Easton Branch | 274 North Washington Street | Easton, MD 21601 |
The Queenstown Bank Of Maryland | 7101 Main St | Queenstown, MD 21658 |
Chester Branch | Castle Marina Road and U.S. Routes 50-301 | Chester, MD 21619 |
Centreville Branch | Route 213 and Coursevall Drive | Centreville, MD 21617 |
Stevensville Branch | Routes 8 and 18 | Stevensville, MD 21666 |
Grasonville Branch | U.S. 50 and Maryland 18 | Grasonville, MD 21638 |
Church Hill Branch | 1005 Sudlersville Road | Church Hill, MD 21623 |