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Rosedale Federal Savings and Loan Association Review

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We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure
Rosedale Federal Savings and Loan Association Savings
0.50% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations

Overview

Rosedale Federal Savings and Loan Association Bank was founded in 1908 with headquarters in Nottingham, Maryland. It owns $972 million in assets as well as $736 million in deposits, which makes it a medium-size bank. Rosedale Federal Savings and Loan Association lacks premium access to customer service, with no options for live chat or all-day service. It is a conventional brick-and-mortar bank with in-person service, in addition to its online and mobile offerings. With an average 3.8 stars out of 5, Rosedale Federal Savings and Loan Association proves it is a decent bank that leaves room for improvement. Rosedale Federal Savings and Loan Association offers the full package of product offerings, which include savings accounts, checking accounts, money market accounts, CDs and mortgage products. It has a fair savings rate; you can find higher rates with other banks. Institutions that offer no-fee checking as well as a high interest rate savings account are the best bet for getting the highest income from your deposits alongside easy access to your money.

How We Rated It

SmartAsset's Overall Rating

3.8/5
National Average: 4.1

The overall rating is a weighted average of rates, fees, service quality and financial health.Read more

Rates

4.5
SmartAsset Average: 3.5

Rosedale Federal Savings and Loan Association has a savings rate of 0.50%, which is fair compared to other U.S. banks. Rosedale Federal Savings and Loan Association's one-year and five-year term lengths CDs earn at a rate of 1.50% and 3.15%, respectively, while its highest-yielding money market account has a rate of 0.35%. Given its noncompetitive savings rate, you should consider taking a look at other banks for savings accounts.

How Rosedale Federal Savings and Loan Association's Savings Rates Compare

Rosedale Federal Savings and Loan Association Savings 0.50 National Average 0.26 Compare Offers
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Fees

NR
SmartAsset Average: 4.4

There is insufficient data on Rosedale Federal Savings and Loan Association's fees to provide a full SmartAsset rating.

Monthly Fee N/A National Average: $3.21
Non-network ATM Fee N/A National Average: $1.20
Overdraft Fee N/A National Average: $35.00
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Service Quality

2.5
SmartAsset Average: 3.7

Rosedale Federal Savings and Loan Association Bank is a brick-and-mortar bank, with 10 total branches. With mobile and web apps, Rosedale Federal Savings and Loan Association makes mobile banking convenient, even on the go. Rosedale Federal Savings and Loan Association's mobile app lets you control your accounts by reviewing monthly statements, transferring money and accessing customer service. Rosedale Federal Savings and Loan Association receives a superb consumer satisfaction score due to comparatively few complaints brought to the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.

Overall Mobile Rating NR
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat No
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Financial Health

4.3
SmartAsset Average: 4.8

Rosedale Federal Savings and Loan Association is a medium-size bank and owns assets totaling $972 million as well as deposits totaling $736 million. Its Texas Ratio is 14.49%, suggesting a tiny likelihood of failure. Additionally, Rosedale Federal Savings and Loan Association is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

14.49%
High Risk 75% 50% 20% 10% Low Risk

The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.

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Compare Rosedale Federal Savings and Loan Association to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.5% APY $10
Checking Account 0.1% APY $2500
Certificates of Deposit
  • 12 Month: 1.50% APY
  • 24 Month: 2.50% APY
  • 36 Month: 2.55% APY
  • 48 Month: 2.65% APY
  • 60 Month: 3.15% APY
$500 for all terms
Money Market Accounts 0.3% APY 0.35% APY $10000 $15000

Rosedale Federal Savings and Loan Association Bank has several deposit products like savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. Rosedale Federal Savings and Loan Association does not have the best savings rate, which means you should consider taking a look elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Rosedale Federal Savings and Loan Association's CD rates are fair compared to the average U.S. bank.

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Find a Rosedale Federal Savings and Loan Association Near Me

Rosedale Federal Savings and Loan Association has 10 physical locations in the U.S.

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