Current Rates
Home Equity Lines of Credit
Rates Effective as of 11/12/2024
| Type | Term | APR | Estimated Monthly Payment* |
|---|---|---|---|
| Equity Line of Credit | 20 Year | 7.75% | $50.00 per $1,000 Borrowed |
*Fees and charges to open and maintain a Home Equity Line of Credit range of $272.00 – $1,015.50 to third parties for closing costs. The line of credit has a variable rate feature and the annual percentage rate and minimum monthly payment can change as a result. The maximum APR that may be imposed under the plan is 24% APR. Consult your tax advisor. Payment on Lines of Credit do not include taxes and insurance. Actual payment obligation will be greater.
- 80% LTV
- Save .25% off the stated rate below when your payment is directly debited from a Cecil Bank Account
Auto Loans New **
Rates Effective as of 04/18/2024
TERM APR MONTHLY PAYMENT PER $1,000 BORROWED
36 Months 7.00% 30.88
48 Months 7.25% 24.06
60 Months 7.50% 20.04
72 Months 7.75% 17.41
- 100% Financing available based on purchase price invoice.
- Save .25% off the stated rate below when your payment is directly debited from a Cecil Bank Account
Auto Loans Used
Rates Effective as of 04/18/2024
TERM APR MONTHLY PAYMENT PER $1,000 BORROWED
36 Months 7.25% 30.99
48 Months 7.50 24.18
- 100% Financing available based on NADA Retail Value
- Vehicle must be four years old or less for used vehicle loans
- Save .25% off the stated rate below when your payment is directly debited from a Cecil Bank Account
Personal Loans
Rates Effective as of 04/18/2024
TERM APR MONTHLY PAYMENT PER $2,500 BORROWED
24 Months 9.25% 114.51
36 Months 9.75% 80.38
60 Months 10.25 53.44
- $2,500 Minimum Loan Amount
- $25,000 Maximum Loan Amount for Unsecured Personal Loans
- Save .25% off the stated rate below when your payment is directly debited from a Cecil Bank Account
APR – Annual Percentage Rate
Rates and Terms are subject to change without notice.
Commercial Lending
Rates Effective as of 11/12/2024
| Wall Street Journal Prime Rate: 7.75% | |
|---|---|
| The Base Rate on Corporate Loans Posted by at least 75% of the Nations 30 Largest Banks. Most Commercial Loans are based on WSJ Prime Rate plus an incremental interest percentage based upon credit decision. |
Call (410) 392-8332 for related fees and charges.
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
Savings Rates
Click here to visit our Deposit Products web page.
Rates Effective as of 12/01/2024
| Description | Interest | APY** | Opening Amount | Minimum to earn APY | |
|---|---|---|---|---|---|
| 91 Day CD 2,6,7 | 0.25% | 0.25% | $500.00 | $0.00 | |
| 6-Month CD 2,6,7 | 0.25% | 0.25% | $500.00 | $0.00 | |
| 9-Month CD 2,6,7 | 0.25% | 0.25% | $500.00 | $0.00 | |
| Convenient Access CD 1,6 | 0.30% | 0.30% | $2000.00 | $0.00 | |
| 1-Year CD 2,6,7 | 0.30% | 0.30% | $500.00 | $0.00 | |
| 13-Month CD 2,6,7 | 0.30% | 0.30% | $500.00 | $0.00 | |
| 14-Month CD 2,6,7 | 0.30% | 0.30% | $10,000.00 | $10,000.00 | |
| 1 1/2-Year CD 2,6,7 | 0.30% | 0.30% | $500.00 | $0.00 | |
| 2-Year CD 2,6,7 | 0.35% | 0.35% | $500.00 | $0.00 | |
| 3-Year CD 2,6,7 | 0.40% | 0.40% | $500.00 | $0.00 | |
| 4-Year CD 2,6,7 | 0.45% | 0.45% | $500.00 | $0.00 | |
| 5-Year CD 2,6,7 | 0.50% | 0.50% | $500.00 | $0.00 | |
| IRA(12-Month term/$100 min.) 2,6,7 | 3.92% | 4.00% | $100.00 | $0.00 | Promotional Rates |
| IRA(18-Month term/$100 min.) 2,6,7 | 0.30% | 0.30% | $100.00 | $0.00 | |
| IRA(60-Month term/$100 min.) 2,6,7 | 0.50% | 0.50% | $100.00 | $0.00 | |
| Statement Savings 4,6,8 | 0.15% | 0.15% | $10.00 | $10.00 | |
| Holiday Savings Account 5,6,8 | 0.15% | 0.15% | $1.00 | $10.00 | |
| NOW Checking 4,6,8 | 0.05% | 0.05% | $50.00 | $10.00 | |
| Silver & Gold Checking 4,6,8 | 0.15% | 0.15% | $50.00 | $10.00 | |
| NOW High Yield Checking 4,6,8 | $50.00 | $10.00 | |||
| Equal to or Greater than $10 but less than $500 | 0.05% | 0.05% | |||
| Equal to or Greater than $500 | 0.15% | 0.15% | |||
| Premium High Yield Checking 4,6,8 | $50.00 | $10.00 | |||
| Equal to or Greater than $10 but less than $2500 | 0.10% | 0.10% | |||
| Equal to or Greater than $2500 | 0.40% | 0.40% | |||
| Money Market 4,6,8 | $50.00 | $10.00 | |||
| Equal to or Greater than $10 but less than $2,500 | 0.10% | 0.10% | |||
| Equal to or Greater than $2,500 but less than $25,000 | 0.25% | 0.25% | |||
| Equal to or Greater than $25,000 | 0.30% | 0.30% |
RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE ON ALL DEPOSIT TYPES
*APR refers to Annual Percentage Rate based on simple interest.
**APY refers to Annual Percentage Yield based on simple interest.
1 – Interest will be compounded daily and will be credited monthly. This account allows for three(3) withdrawals of principal during the certificate term without penalty after the first six(6) days of funding your CD. If you withdraw money within the first six(6) days after the date of deposit, the minimum required penalty is seven(7) interest on the withdrawn amount. Substantial penalty for early withdrawal in excess of three(3) withdrawals during the certificate term.
2- Interest will be compounded daily and will be credited monthly. A penalty may be imposed for withdrawals before maturity. Interest can be withdrawn any time during the term after it is credited to the account.
3 – Interest will be compounded daily and will be credited quarterly. Interest can be withdrawn any time during the term of crediting after it is credited to the account.
4 – Interest will be compounded daily and will be credited monthly. Interest can be withdrawn any time during the term after it is credited to the account.
5 – Interest will be compounded daily and credited annually. Interest can be withdrawn any time during the term after it is credited to the account.
6 – Fees could reduce earning on account.
7 – Substantial penalty for early withdrawal.
8- Interest rates may change after account opening.
