Arundel Federal Savings Bank Becomes Arundel Bank. – Read the story

Features
  • $5 minimum opening deposit
  • Available for Custodian/Minor, Individual and Joint ownerships
  • 1 account per customer Tax ID Number (TIN)
  • Variable interest rate paid on Tier 1 ($0.01 to $2,500.00) and Tier 2 ($2,500.01+) balances
  • Interest is compounded daily & credited monthly
  • $5 monthly service charge if balance falls below $5
  • Quarterly statement
  • Transaction limitations include a maximum of 6 transfers per month – see the account disclosure for a full list of permitted and limited transactions
Current Rates

Effective Date: Wednesday, November 12, 2025

Savings and Money Market Accounts (Rate Table)
Annual Percentage Yield (APY)
Minimum Balance To
Earn APY/Open
0.04$0.01/$5.00
0.04$2,500.01

^ Denotes variable rate account. The interest rate may change after the account is opened.
* Certain limitations apply
# Minimum balance to earn interest is the same as the required minimum opening balance unless noted in Special Features 
° Interest is paid on the full balance in the account based on the applicable tier.
~ Stated interest rate is paid only on the balance within the specified tier.

Accounts subject to fees & charges. Fees may reduce earnings. 
Early withdrawals on CDs may result in substantial penalties.
For other terms and account information please call 410-768-7800.
For 24/7 telephone access to accounts and products call Bankline 888-225-4417.