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Business Checking Accounts

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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

  • 200 items and/or deposit items per month; $0.25 for each additional
  • Free cash handling & night deposit service
  • Free currency and coin (limitations apply)
  • Deposited checks drawn on The Bank of Glen Burnie are free
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

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