1. Banks
  2. The Queenstown Bank of Maryland

The Queenstown Bank of Maryland


Overview / Commentary
www.queenstownbank.com
410-827-8881
7101 Main Street
Queenstown, MD 21658

The Queenstown Bank of Maryland is headquartered in Queenstown and is the 18th largest bank in the state of Maryland. It is also the 1,457th largest bank in the nation. It was established in 1899 and as of December of 2020, it had grown to 94 employees at 8 locations. The Queenstown Bank of Maryland has an A+ health rating.

Related Posts

Queenstown Bank Offers Kasasa Brand in Maryland and Delaware - 4/8/2021

Queenstown Bank currently offers its Kasasa Cash, Kasasa Cash Back, and Kasasa Saver to residents of Maryland and Delaware through online application.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A+

Data as of Q4 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #8816
Year Established1899
Employees94
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.02%
Return on Equity - YTD7.99%
Annual Interest Income$20.9MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$577.0MM$473.1MM
LoansQ4 2020vs Q4 2019$394.5MM$390.2MM
DepositsQ4 2020vs Q4 2019$505.7MM$404.9MM
Equity CapitalQ4 2020vs Q4 2019$68.1MM$65.6MM
Loan Loss AllowanceQ4 2020vs Q4 2019$7.2MM$5.8MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$2.7MM$4.1MM
Real Estate OwnedQ4 2020vs Q4 2019$0$89.00K
Rates
Skip to rates for:
Report an Issue

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
0.35%$500-3 Year RAD (Rate Adjustable Deposit) CD - 1 Bump
0.30%$500-18 Month CD
0.30%$500-24 Month CD
0.30%$500-30 Month RAD (Rate Adjustable Deposit) CD - 1 Bump
0.25%$500-12 Month CD
0.25%$500-15 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
0.35%$500-3 Year RAD (Rate Adjustable Deposit) IRA - 1 Bump
0.30%$500-18 Month IRA
0.30%$500-24 Month IRA
0.30%$500-30 Month RAD (Rate Adjustable Deposit) IRA - 1 Bump
0.25%$500-12 Month IRA
0.25%$500-15 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 StreetQueenstown, 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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.