Best Banks & Credit Unions in Ellicott City, Maryland
Banks and credit unions serving Ellicott City, Maryland. Compare up to 3.85% APY, fees, minimums and membership rules, dated when we read them.
This page covers banks, credit unions, and local branches available to residents of Ellicott City, Maryland. All rankings inherit from the Maryland state directory. Every institution listed is licensed to serve Ellicott City residents and is either headquartered in Maryland or operates branches in the metro.
Top options in Ellicott City
- Tower Federal Credit Union: 4.40% APY. 12-month Share Certificate: $500 minimum to open; the 2-year term pays 4.50%. Read Sep 7, 2026 on towerfcu.org. Rates as of 2026-09-06 per the page.
- EagleBank: 4.35% APY. 12-month Certificate of Deposit: $1,000.00 minimum balance to open; the 9-month term pays 4.30% and the 6-month 4.20%. Read Sep 7, 2026 on eaglebankcorp.com. Rates as of 2026-08-13 per the page.
- CFG Bank: 4.30% APY. 12 Month Term Certificate of Deposit: Minimum amount to open the account is $500 and a $500 minimum daily balance is required to obtain the APY; no additional deposits after the initial deposit. Read Sep 7, 2026 on cfg.bank. Rates as of 2026-08-10 per the page.
- Forbright Bank: 3.85% APY. Growth Savings: No fees and no minimum deposits; $0 monthly maintenance fee and $0 minimum opening deposit per the bank's own comparison table; variable rate; 100% digital with unlimited transfers. Read Sep 7, 2026 on forbrightbank.com. Rates as of 2026-09-06 per the page.
- CFG Bank: 3.80% APY. CFG High Yield Money Market: Minimum deposit to open is $1,000 and a $1,000 daily balance is needed both to obtain the APY and to avoid a $10 monthly maintenance fee. Read Sep 7, 2026 on cfg.bank. Rates as of 2026-08-10 per the page.
- APGFCU: 3.75% APY. 12-month Certificate: Standard and IRA: $100 minimum; there may be a penalty for early withdrawal; the 15-month Certificate Special pays 4.20% and the 9-month term pays 4.30%. Read Sep 7, 2026 on apgfcu.com. Rates as of 2026-09-06 per the page.
Other Maryland cities
See the full Maryland banks directory for every institution we've verified in the state, plus the underlying methodology.