We are a small, community business too. Let’s do this together. Open a business checking account with The Bank of Glen Burnie (BofGB) and receive the personalized customer service your business deserves with the big bank options you desire. Become a BofGB Customer today:
Your Business, Your Money
Business Checking Account Options
Business
Checking
|
Non-Profit
Checking
|
Small Business
Checking
|
Business Interest
Checking
|
Premium Interest
Checking
|
|
Minimum
Opening Deposit
|
$300
|
$50
|
$100 |
$1,000
|
$2,500
|
Minimum
Monthly Balance
|
No
|
No
|
$2,500 |
$1,000
|
$2,500
|
Maintenance
Fee per
Statement Cycle
|
$12 + $0.12 activity fee1
|
No
|
No3
|
||
Interest Earned
|
No |
No
|
No |
Yes
|
Yes
|
Other
Limitations
|
No
|
No
|
No |
Limited to sole proprietors and non-profit organizations only |
Limited to sole proprietors and non-profit organizations only |
Additional Benefits | An earnings credit of $0.021 for each $100 of average available balance is applied during each statement cycle.2 | Unlimited check writing |
|
Free monthly statements | – |
Exclusive Customer Benefits & Features
Terms & Conditions
- Business Checking:
- 1Activity fee of $0.12 is charged for each item presented against the account and each item deposited into the account.
- 1Activity fee is waived for all checks deposited into the account that are drawn on The Bank of Glen Burnie.
- 2Earnings credit will be applied to reduce maintenance and activity fees. It cannot exceed total maintenance and activity fees that apply during the statement cycle.
- 3Small Business Checking: No monthly maintenance fee unless daily ledger balance falls below $2,500; then $10 fee
- 4Business Interest Checking: No maintenance fee unless daily balance falls below $1,000 then $5 fee and $0.20 per item paid
- 5Premium Interest Checking: No maintenance fee unless daily balance falls below $2,500 then $7 fee
Interest Rates
All interest rates are set by The Bank of Glen Burnie® and are subject to change at any time based on market conditions.
Important Information: Fraud Protection | New Account Opening Information