The Queenstown Bank of Maryland is headquartered in Queenstown and is the 17th largest bank in the state of Maryland. It is also the 1,388th largest bank in the nation. It was established in 1899 and as of December of 2021, it had grown to 93 employees at 8 locations. The Queenstown Bank of Maryland has an A+ health rating.
Overall | |
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FDIC Certificate # | 8816 |
Year Established | 1899 |
Employees | 93 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.12% |
Return on Equity - YTD | 10.04% |
Annual Interest Income | $21.3MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $658.1MM$577.0MM |
Loans | Q4 2021vs Q4 2020 | $377.7MM$394.5MM |
Deposits | Q4 2021vs Q4 2020 | $584.9MM$505.7MM |
Equity Capital | Q4 2021vs Q4 2020 | $69.8MM$68.1MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $7.4MM$7.2MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.9MM$2.7MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$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 | |
---|---|---|---|---|---|
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 | |
---|---|---|---|---|---|
0.25%* | $50k* | - | Money Market Savings Account | ||
OTHER TIERS: 0.10% → Up to $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.26% | - | $15k | Kasasa Cash | |
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 Street | 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 |