Business Information
The group's principal activity is to originate loans and accept deposits, primarily in cecil and harford counties, Maryland. The group operates through its subsidiary cecil federal bank. It offers loans on commercial and multi-family real estate, construction loans on one-to four-family residences, home equity loans and land loans. The group also makes consumer loans including education loans, personal and commercial lines of credit, automobile loans and loans secured by deposit accounts. The deposits are accepted in the form of certificates of deposit, savings accounts, checking, now, passbook and money market deposit accounts. The operations are conducted through the main office in elkton and branches in elkton and north east, Maryland.
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Year |
Sales |
Net Income |
| 2006 | 22,950 | 2,708 | | 2005 | 16,102 | 2,062 | | 2004 | 11,433 | 1,532
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