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Current Rates

Mortgage Loan Rates

Rates Effective as of 07/11/2014
Fixed Rate
Mortgage Program
Term
Rate
Pts
APR
Estimated Monthly
Payment Per
$1000 Borrowed
Primary Residence (90% LTV) 15 Year
15 Year
15 Year
3.750%
3.500%
3.375%
0.0
1.0
2.0
3.82%
3.72%
3.74%
7.27
7.15
7.09
20 Year
20 Year
20 Year
4.375%
4.125%
4.000%
0.0
1.0
2.0
4.43%
4.30%
4.29%
6.26
6.13
6.06
30 Year
30 Year
30 Year
4.625%
4.500%
4.375%
0.0
1.0
2.0
4.67%
4.63%
4.59%
5.14
5.07
4.99

The payments do not include amounts for taxes and insurance premiums (if applicable).
The actual payment will be greater if these charges apply.

Adjustable Rate Mortgage
APR


Primary Residence
(1 year ARM)
(3 year ARM)
(5 year ARM)






3.12%
3.37%
3.62%






Rental Property - Call For Rates
-
-
-
-
-
Commercial - Call For Rates
-
-
-
-
-
Vacant Land (75% LTV)
(3 year ARM)


10.61%



Home Equity Loans & Lines of Credit

Rates Effective as of 07/11/2014
Type
Term
Rate
APR
Estimated Monthly
Payment Per
$1000 Borrowed
Home Equity Loan
(fixed for 5 years)
(fixed for 10 years)
(fixed for 15 years)
5 Year
10 Year
15 Year
5.25%
5.50%
5.75%
6.480%
6.193%
6.268%
18.99
10.85
8.30
Adjustable Rate
Home Equity Line of Credit *
20 Year
3.750%
3.802%
3.13

*Fees and charges to open and maintain a Home Equity Line of Credit include $275 to Cecil Bank for documentation, and a range of $153 - $515.00 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.

Commercial Lending

Rates Effective as of 12/16/2008
Wall Street Journal Prime Rate:
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.
3.25%

Auto Loan Rates

Rates Effective as of 07/11/2014
Automobile
Term
Rate
APR
Estimated Monthly
Payment Per
$1000 Borrowed
New (80% LTV)
36 months
48 months
60 months
9.25%
9.50%
10.00%
9.25%
9.50%
10.00%
31.92
25.12
21.25
Used
Black Book Loan Value
Black Book Loan Value
Black Book Loan Value
1-2 years old
3-4 years old
5 years old
12.00%
13.00%
13.50%
12.00%
13.00%
13.50%
33.21
26.83
23.07

Loans Secured By Deposit Accounts / Share Loans
Loans against Savings Accounts and Certificates of Deposit
are made at 2% above the deposit interest rate.

Call our LEND LINE at 410-392-LEND for related fees and charges.

ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.

RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE ON ALL LOAN TYPES

Savings Rates

For additional information on all Deposit Products, please click this link.
Click here to visit our Deposit Products web page.

Rates Effective as of 07/11/2014
Description
Interest
APY**
91 Day CD2,6,7
0.20%
0.20%
6-month CD2,6,7
0.33%
0.33%
9-month CD2,6,7
0.36%
0.36%
1-year CD2,6,7
0.40%
0.40%
1 1/2-year CD2,6,7
0.50%
0.50%
2-year Bump-Up CD2,6,7
0.60%
0.60%
3-year Bump-Up CD2,6,7
0.70%
0.70%
4-year Bump-Up CD2,6,7
0.80%
0.80%
5-year Bump-Up CD2,6,7
0.90%
0.90%
IRA(18-month term/$100 min.) 2,6,7
0.50%
0.50%
IRA(60-month term/$100 min.)2,6,7
0.90%
0.90%
Passbook Savings3
0.15%
0.15%
Statement Savings4
0.15%
0.15%
Holiday Savings Account5,6
0.75%
0.75%
NOW Checking4,6
0.05%
0.05%
NOW High Yield Checking4,6
0.25%
0.25%
*NEW* Silver & Gold Checking4,6
0.25%
0.25%
Money Market 4,6
Under $2,500
$2,500 - $100,000.00
Over $100,000.00
0.25%
0.35%
0.45%
0.25%
0.35%
0.45%


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 - Rate Changes first of each month. The account will pay interest based on the 6 month Treasury Bill as of the last auction day of the month plus a margin of 35 basis points. The yield quoted at the first on every month will remain for the remainder of that month.
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 of crediting 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 of crediting after it is credited to the account.
5 - Interest will be compounded and credited annually. Interest can be withdrawn any time during the term of crediting after it is credited to the account.
6 - Fees could reduce earning on account.
7 - Substantial penalty for early withdrawal.


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