You are here
Certificates of DepositPrint
Earn More for Your Money
What's that mean? Simple. Open a Certificate of Deposit, or CD, with The Bank of Glen Burnie to put your money away to get more later. With flexible terms and competitive rates, you'll be able to earn interest on the money you put away for the future. Start a CD for as low as $500!
- $500 initial deposit with the exception of the 13 month and 15 month which require $2,500, 25 month which requires $5,000 and 30 month special which requires $10,000
- Interest rate is fixed for the entire term of the certificate with the exception of all Bump-Up Certificate terms which are variable
- Interest is calculated daily and credited monthly
- Interest may be paid by check, transferred automatically to another account, or compounded in the account
- Certificates automatically renew at current interest rate if not redeemed at maturity
- Substantial penalty for early withdrawal
Open a Certificate of Deposit
Visit a branch, call us at 410-766-3300, or click here to get started with a Certificate of Deposit: . Our current CD rates are listed here.
All interest rates are set by The Bank of Glen Burnie® and are subject to change at any time based on market conditions.