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The Queenstown Bank Of Maryland

FDIC #8816 📍 Queenstown, Maryland

The Queenstown Bank Of Maryland is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1899. With assets of $673.56 Million, it operates 9 domestic branches.

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Community Reinvestment Act (CRA) Rating
Latest Exam: May 1, 2023
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.

Rating History

May 1, 2023
Satisfactory
February 1, 2020
Satisfactory
March 1, 2017
Satisfactory
January 1, 2014
Satisfactory
October 1, 2010
Satisfactory
June 1, 2007
Satisfactory
July 1, 2004
Satisfactory
May 1, 1999
Satisfactory
June 1, 1996
Satisfactory
June 1, 1994
Satisfactory
June 1, 1992
Satisfactory
April 18, 1990
Needs to Improve
💰 Financial Strength
Total Assets$673.56 Million
Total Deposits$591.52 Million
Equity Capital$57.36 Million
Net Income$4.62 Million
📈 Performance
ROA0.91%
ROE10.69%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
Address7101 Main St
Queenstown, Maryland 21658
📋 Corporate Structure
Established01/01/1899
FDIC Cert8816
Holding CoQueenstown Bcorp Of Md Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes

📜 Institutional History

2017
Relocation
Moved HQ to: 7101 Main Street, Queenstown, MD 21658.
1996
Relocation
Moved HQ to: Main Street, Queenstown, MD 21658.

📍 Branch Locations (9)

Cambridge Branch
110 Dorchester Avenue
Cambridge, Maryland 21613
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Centreville Branch
Route 213 And Coursevall Drive
Centreville, Maryland 21617
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Chester Branch
Castle Marina Road And U.s. Routes 50-301
Chester, Maryland 21619
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Church Hill Branch
1005 Sudlersville Rd
Church Hill, Maryland 21623
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Easton Branch
274 N Washington St
Easton, Maryland 21601
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Grasonville Branch
U.s. 50 And Maryland 18
Grasonville, Maryland 21638
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The Queenstown Bank Of Maryland
7101 Main St
Queenstown, Maryland 21658
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Ridgely Branch
204 E 6th St
Ridgely, Maryland 21660
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Stevensville Branch
Routes 8 And 18
Stevensville, Maryland 21666
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