Intro – Hebron Savings Bank Reviews & Ranking

AdvisoryHQ recently published its list and review of the top banking firms in Maryland, a list that included Hebron Savings Bank.

Below we have highlighted some of the many reasons Hebron Savings Bank was selected as one of the best banking firms in Maryland.

Click here for a detailed review of AdvisoryHQ’s selection methodology: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.

Hebron Savings Bank Review

In business since 1910, Hebron Savings Bank is a community bank with a strong focus on creating a friendly, hometown atmosphere for their customers.

Like many of the small banks in Maryland, employees of Hebron Savings Bank live and have roots in the communities that they serve, giving a genuine air to this Maryland bank’s hometown charm.

Hebron Savings Bank Review

Image Source: Hebron Savings Bank

HSB Bancorp, Inc, the holding company that owns Hebron Savings Bank, reported over $560 million in assets last year, giving this local bank in Maryland ample resources to serve its communities well.

Hebron Savings Bank currently operates thirteen full-service banking branches across three counties in southeastern Maryland and Sussex County in Delaware.

Key Factors Leading Us to Rank This Firm as One of This Year’s Top Banking Firms

Upon completing our detailed review, Hebron Savings Bank was included in AdvisoryHQ’s ranking of this year’s best banking firms based on the following factors. 

Hebron Savings Bank Review: Checking Account Options

Hebron Savings Bank offers a variety of checking account options to fit every customer’s needs. Whether you are looking for free checking, a business checking account, or checking that comes with all the bells and whistles, this bank in Maryland has what you are looking for.

Hebron Savings Bank - Checking Account Options

Image source: Bigstock

Checking account options at Hebron Savings Bank are:

  • Regular Checking Personal: $25 opening deposit with no monthly fee when minimum balance is maintained
  • Regular Checking Business: $25 opening deposit for businesses and no monthly maintenance fee when minimum balance is maintained
  • Free Checking: $25 opening deposit and no fees or minimum balance requirements
  • E-Checking: $25 opening deposit and no fees or minimum balance requirements; only available to those with direct deposit
  • NOW Checking: $1,000 opening deposit, interest-bearing, and no fees when minimum balance is maintained
  • Super NOW Checking: $2,500 opening deposit, interest-bearing, and no fees when minimum balance is maintained
  • Money Market: $2,500 opening deposit, interest-bearing, and no fees when minimum balance is maintained

Hebron Savings Bank Review: Loans

Hebron Savings Bank offers a wide range of lending options to provide financing for everyone from individuals to small and mid-range businesses. This local bank in Maryland has experienced loan officers available at each branch to go over customers’ loan options in person.

This bank in Maryland provides the following types of loans:

  • Agricultural loans
  • Boat loans
  • Commercial loans and mortgages
  • Construction loans
  • Home equity lines of credit
  • Installment loans
  • Lines of credit
  • Residential mortgages
  • Vehicle loans

Hebron Savings Bank Review: CDs and IRAs

Hebron Savings Bank offers a variety of CDs and IRAs with terms available to suit everyone’s needs.

Terms available are:

Account Type/Term


6 Months/182 Days


12 Months


18 Months IRA**


24 Months


36 Months


48 Months


60 Months


**IRAs are available in terms of twelve months and greater and only require a minimum deposit of $250. All CDs require a minimum deposit of $500.

Customers are guaranteed the interest rate in effect at the time of purchase for the entire length of the certificate term.

In addition to certificates of deposit, this Maryland bank offers both traditional and Roth IRAs as well as Simplified Employee Pension Plans.

Hebron Savings Bank Review: Other Services

Hebron Savings Bank offers a slew of additional services for the convenience of their customers.

This bank in Maryland makes it easy for customers to get things done by offering them:

  • 24-hour telephone banking
  • American Express traveler’s cheques
  • Automatic loan payments
  • EZ switch kit
  • Mail deposits
  • Merchant bank card services
  • Money orders
  • Night depository
  • Notary service
  • Safe deposit boxes
  • Teller and certified checks
  • U.S. savings bond redemptions
  • Visa, MasterCard, and Discover cash advances
  • Wire transfers

In addition to the above Hebron Savings Bank review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top rated banking firms & credit unions:

AdvisoryHQ (AHQ) Disclaimer:

Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.