- $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 which requires $10,000
- Interest rate is fixed for the entire term of the certificate with the exception of all Step-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
All interest rates are set by The Bank of Glen Burnie®
and are subject to change at any time
based on market conditions.







