Cecil Bank
Cecil Bank is a privately held community bank founded in 1959 in Elkton, Maryland, providing interest checking accounts, deposit products, eStatements, and telephone banking services to local retail and small-business customers.
- Company typePrivate
- Founded1959
- HeadquartersElkton, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Cecil Bank does
Cecil Bank is a privately held community bank founded in 1959 and headquartered in Elkton, Maryland (United States). The firm operates with 51-100 employees and provides retail and small-business deposit products, including interest-bearing checking accounts, electronic statements (eStatements), and telephone banking services. These offerings are indicative of a traditional, relationship-driven community bank rather than a digitally native or product-led institution. The bank's service model centers on local deposit gathering and standard transactional banking rather than lending origination, treasury, or wealth services, based on the product set disclosed.
The business model follows the conventional community-bank playbook: net interest income derived from the spread between deposit pricing and the yield on assets held on the balance sheet, supplemented by fee income from deposit accounts and payment services. Customer acquisition is local and reputational, with no evidence of digital marketing, partnership channels, or non-geographic distribution in the source data. Telephone banking — alongside eStatements — suggests the firm maintains both legacy and basic electronic channels but has not deployed mobile-first or API-driven banking infrastructure. No pricing, customer-segment, fee-schedule, or product-economics data was accessible in the source material because the bank's website returned only a verification screen rather than rendered content.
The information set available is materially thin. Beyond firmographic identifiers (name, founding year, headquarters, headcount band, and a four-product short description), the input sources record uniformly empty fields across ownership, leadership, funding, partnerships, regulatory actions, technology stack, geographic markets served, and corporate history. This data scarcity limits any inference about franchise quality, asset size, NIM trajectory, or strategic direction. The description above is therefore restricted to what the firm's own stated service set and standard community-banking economics support.
Cecil Bank firmographics
Firmographics- Name
- Cecil Bank
- Website
- https://cecilbank.com
- Company type
- Private
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Cecil Bank is a privately held community bank founded in 1959 in Elkton, Maryland, providing interest checking accounts, deposit products, eStatements, and telephone banking services to local retail and small-business customers.
- Ownership category
- akta.pro rank
Where Cecil Bank is headquartered
LocationHeadquarters
- HQ city
- Elkton
- HQ country
- United States
- HQ region
- North America
Markets served
Cecil Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Cecil Bank product offering
Product offeringCore offering
Cecil Bank is a community bank that provides retail deposit products, interest-bearing checking accounts, electronic statements (eStatements), and telephone banking services. Operating since 1959 from Elkton, Maryland, the bank serves individual consumers with traditional personal banking accounts and access via phone and electronic channels.
Differentiator
Problem solved
Functional benefit
Products and services
- Deposit Products Standard deposit accounts offered by Cecil Bank to individual retail customers for storing funds.
- Interest Checking Accounts Checking accounts that pay interest on deposited balances, available to individual retail banking customers.
- eStatements Electronic delivery of bank account statements, allowing customers to view statements digitally rather than receiving paper mailings.
- Telephone Banking Services Phone-based banking service allowing customers to perform account inquiries and banking transactions by telephone.
Companies that use Cecil Bank
Customer profileIdeal customer profiles1 record
Cecil Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cecil Bank competitors and assessment
Company assessmentBroad incumbents
- M&T Bank: M&T Bank is a large regional bank with significant Maryland and Mid-Atlantic branch presence, including the Cecil County market. It is a broad incumbent peer competing directly for the same retail deposit and small business customers Cecil Bank serves.
- First United Bank & Trust: First United Bank & Trust is a larger Maryland-based community bank with a broader branch network across western Maryland and the Baltimore region. It is a broad incumbent peer operating in adjacent Maryland markets with overlapping community banking products at greater scale.
- Atlantic Capital Bank (First Citizens): Atlantic Capital Bank, now part of First Citizens Bank, is a regional commercial bank with presence across the Southeast and Mid-Atlantic. It is a broad incumbent peer offering overlapping community and commercial banking products in markets adjacent to Cecil Bank's footprint.
Direct peers
- Woodsboro Bank: Woodsboro Bank is a Maryland community bank serving Frederick County with deposit and lending products. Comparable to Cecil Bank as a small Maryland community bank with a single-county focus and traditional retail banking product mix.
- Howard Bank: Howard Bank is a Maryland-based community bank serving the Baltimore–Washington corridor with deposit, lending, and treasury products. It is a direct peer given its Maryland charter, community banking model, and overlapping retail and small-business customer base.
- County First Bank: County First Bank is a Maryland-chartered community bank providing deposit and lending products to retail and small business customers in southern Maryland. It is comparable to Cecil Bank in charter type, size, and core community banking product offering.
- Middletown Valley Bank: Middletown Valley Bank is a Maryland community bank serving Frederick County with deposit and lending services. Comparable to Cecil Bank in size band, Maryland community charter, and traditional retail banking focus.
- Peoples Bank (Chestertown, MD): Peoples Bank is a Maryland community bank serving the Eastern Shore and northern Maryland corridor with deposit and lending products. It is a direct peer given its similar community bank profile, overlapping Maryland footprint adjacent to Cecil County, and comparable retail banking orientation.
- Harford Bank: Harford Bank is a Maryland-based community bank offering deposit, lending, and treasury services to retail and small business customers in the greater northeastern Maryland region. It is a directly comparable community banking peer given its geographic proximity to Cecil County, similar size band, and overlapping product set.
Regional players
- Liberty Federal Credit Union: Liberty Federal Credit Union is a Maryland-based credit union serving Cecil County and surrounding areas with deposit and consumer lending products. It is a regional peer competing in Cecil Bank's local market under a different charter structure (credit union vs. bank).
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights4 records
Customer concentration
Cecil Bank social profiles
Digital presenceCecil Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cecil Bank leadership team
Management profileNumber of profiles
Cecil Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cecil Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cecil Bank
What does Cecil Bank do?
Cecil Bank is a community bank that provides retail deposit products, interest-bearing checking accounts, electronic statements (eStatements), and telephone banking services. Operating since 1959 from Elkton, Maryland, the bank serves individual consumers with traditional personal banking accounts and access via phone and electronic channels.
When was Cecil Bank founded?
Cecil Bank was founded in 1959. It employs 51 to 100 people.
Where is Cecil Bank based?
Cecil Bank is headquartered in Elkton, United States, in the North America region.
Who are Cecil Bank's main competitors?
Broad incumbents on record are M&T Bank, First United Bank & Trust and Atlantic Capital Bank (First Citizens). Direct peers are Woodsboro Bank, Howard Bank, County First Bank, Middletown Valley Bank, Peoples Bank (Chestertown, MD) and Harford Bank. Liberty Federal Credit Union is listed as a regional player.
Does Cecil Bank have an API?
No public API is recorded for Cecil Bank.