Save up to $257 with a Cecil Bank Boat loan1

Cecil Bank's rate for a $50,000 Boat loan beats the Elkton, MD average by up to 3% and is eligible for a Datatrac Great Rate Award and saving you as much as $257 over the life of the loan.

Datatrac Great Rate Award
loan amount
Select Type
Cecil Bank - New Boat-60 Mo 6.49% APR2
Elkton, MD Market Average - New Boat-60 Mo 6.67% APR2

About Datatrac

Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 334,560 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products.  www.datatrac.net

  1. $257 is the difference between the amount paid in interest between Cecil Bank's rate at 6.49% APR compared to 6.67% APR for the Elkton, MD market average over the life of a $50,000 Boat loan over 60 months.
  2. APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each business day and is conducted independent of any financial institution.  There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Cecil Bank directly with any questions regarding their current rates and terms.