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Variable Rate IRAs – Maryland - May 23, 2013

Below are Variable Rate IRA CDs offered from banks that are located in Maryland. Depending on the type of IRA you have, a variable rate IRA CD offers tax-free or tax-deferred interest. Unlike a Fixed Rate IRA CD, the interest from a VIRA CD can fluctuate depending on market and economic conditions even though the principle is FDIC insured. VIRAs are often preferred when interest rates are expected to rise as the yield on the CD can be adjusted upward over its term. Learn more about the benefits and drawbacks of a Variable Rate IRA CD.

Bank APY Min Bal Miles More
Provident State Bank, Inc. 1.01% $100 -
Hopkins Federal Savings Bank 0.65% $25 -
The Queenstown Bank Of Maryland 0.55% $20 -
Old Line Bank 0.55% $500 -
First Mariner Bank 0.54% $500 -
Madison Square Federal Savings Bank 0.52% $100 -
Nbrs Financial 0.50% $200 -
National Penn Bank 0.50% $25 -
Revere Bank 0.50% $100 -
The Harbor Bank Of Maryland 0.45% $100 -
Clear Mountain Bank 0.45% $1 -
Carroll Community Bank 0.40% $100 -
The Peoples Bank 0.35% $100 -
Bay-vanguard Federal Savings Bank 0.35% $5 -
Essex Bank 0.35% $500 -
Citibank, National Association 0.30% $1 -
First National Bank Of Pennsylvania 0.30% $1 -
Oba Bank 0.30% $100 -
The Farmers Bank Of Willards 0.30% $1 -
The Bank Of Glen Burnie 0.30% $250 -
Fraternity Federal Savings And Loan Association 0.29% $100 -
Washingtonfirst Bank 0.25% $1 -
Calvin B. Taylor Banking Company Of Berlin, Maryland 0.25% $100 -
Damascus Community Bank 0.20% $100 -
First United Bank & Trust 0.20% $100 -
Branch Banking And Trust Company 0.20% $1 -
John Marshall Bank 0.20% $1 -
Sovereign Bank, National Association 0.20% $1 -
The Columbia Bank 0.15% $10 -
United Bank 0.15% $50 -
Homewood Federal Savings Bank 0.15% $1 -
Hamilton Bank 0.15% $100 -
Cnb 0.13% $500 -
Peoplesbank, A Codorus Valley Company 0.11% $100 -
County First Bank 0.10% $100 -
Eastern Savings Bank, Fsb 0.10% $500 -
Colombo Bank 0.10% $50 -
Monument Bank 0.10% $1 -
Northwest Savings Bank 0.10% $1 -
Baltimore County Savings Bank 0.10% $250 -
First Shore Federal Savings And Loan Association 0.09% $25 -
Harford Bank 0.08% $1 -
Susquehanna Bank 0.05% $25 -
Sonabank 0.05% $1 -
Middletown Valley Bank 0.05% $1 -
Bank Of America, National Association 0.05% $1 -
Pnc Bank, National Association 0.05% $250 -
United Bank 0.05% $1 -
Severn Savings Bank, Fsb 0.05% $1 -
Manufacturers And Traders Trust Company 0.05% $1,000 -
The National Bank Of Cambridge 0.05% $1 -
Td Bank, National Association 0.05% $1 -
Eaglebank 0.05% $100 -
Wells Fargo Bank, National Association 0.05% $1 -
Bay Bank, Fsb 0.04% $100 -
Sandy Spring Bank 0.03% $1 -
Suntrust Bank 0.01% $2,000 -

Banks listed above are FDIC insured. The FDIC insures each named individual's deposits to $250,000. To avoid exceeding FDIC insurance limits, please use the FDIC's EDIE function on its website.

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