The Queenstown Bank of Maryland


Overview / Commentary
410-827-8881
7101 Main Street
Queenstown, MD 21658

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 has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #8816
Year Established1899
Employees94
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.93%
Return on Equity - YTD9.68%
Annual Interest Income$10.3MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$667.6MM$621.9MM
LoansQ2 2022vs Q2 2021$397.2MM$390.6MM
DepositsQ2 2022vs Q2 2021$605.7MM$548.9MM
Equity CapitalQ2 2022vs Q2 2021$58.8MM$70.1MM
Loan Loss AllowanceQ2 2022vs Q2 2021$7.5MM$7.2MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.1MM$2.1MM
Real Estate OwnedQ2 2022vs Q2 2021$104.00K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not The Queenstown 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 Queenstown Bank of Maryland Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*-$20kKasasa 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

The Queenstown Bank of Maryland Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$50k*-Money Market Savings Account
OTHER TIERS: 0.10% Up to $50k

The Queenstown Bank of Maryland Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%*-$15kKasasa 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 CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%*$100k*-48 Month CD
OTHER TIERS: 0.50% $500 - $100k
0.55%$500-5 Year CD
0.50%$500-24 Month CD
0.35%$500-3 Year RAD (Rate Adjustable Deposit) CD - 1 Bump
0.30%$500-30 Month RAD (Rate Adjustable Deposit) CD - 1 Bump
0.25%$500-12 Month CD
0.15%$500-6 Month CD
0.05%$500-3 Month CD

The Queenstown Bank of Maryland IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%*$100k*-48 Month IRA
OTHER TIERS: 0.50% $500 - $100k
0.55%$500-5 Year IRA
0.50%$500-24 Month IRA
0.35%$500-3 Year RAD (Rate Adjustable Deposit) IRA - 1 Bump
0.30%$500-30 Month RAD (Rate Adjustable Deposit) IRA - 1 Bump
0.25%$500-12 Month IRA
0.15%$500-6 Month IRA
0.05%$500-3 Month IRA
Locations


The Queenstown Bank of Maryland Locations
Ridgely Branch204a East 6th StreetRidgely, MD 21660
Easton Branch274 North Washington StreetEaston, MD 21601
The Queenstown Bank Of Maryland7101 Main StQueenstown, MD 21658
Chester BranchCastle Marina Road and U.S. Routes 50-301Chester, MD 21619
Centreville BranchRoute 213 and Coursevall DriveCentreville, MD 21617
Stevensville BranchRoutes 8 and 18Stevensville, MD 21666
Grasonville BranchU.S. 50 and Maryland 18Grasonville, MD 21638
Church Hill Branch1005 Sudlersville RoadChurch Hill, MD 21623

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