Green Loans


The Bank of Glen Burnie offers affordable financing options to help local homeowners and businesses go green and increase energy efficiency with renewable energy.

view of earth from space


Green Auto Loans

electric vehicle iconGoing green with your next vehicle purchase? The Bank of Glen Burnie offers special discounted financing on fuel-efficient vehicles. Simply choose an all-electric, hybrid, or gasoline vehicle with an MPG rating over 30 (as determined by the Environmental Protection Agency (EPA), and we will discount your lowest qualifying Annual Percentage Rate (APR) by 0.50%.

 

Go Green and Save 0.50%

on Your Lowest Qualifying Auto Rate1

Apply for a Green Auto Loan

  • Fixed-rate based on credit score
  • Rates subject to change
  • Terms up to 72 months

1All loans are subject to credit approval. Some restrictions may apply. Consult a loan officer for details.


Solar Loans

sun with solar panel iconThinking of going solar? Are you tired of high electric bills? More and more homeowners are investing in solar power. Make the switch to solar and trade your monthly energy bill for a BofGB Green Loan payment.

Do you also need to repair or replace your roof? Our solar loan program allows borrowers to finance the cost of a new roof as part of their solar loan.

Our experienced loan officers can help you finance your residential solar needs with a BofGB Solar Loan to help manage the cost of a new system.  Make eco-friendly, energy-saving improvements while saving money each month on utility bills.

Our loan terms make going solar easy and affordable.

 

Apply online today and start tapping into the power of the sun!

To get started, click the button below and select “Personal Unsecured Loan.”

Apply for a Solar Loan

7.49% APR2

Fixed Rate

100% Financing Available

All work must be performed on the applicant’s primary residence in Anne Arundel County only.

 

  • Help conserve energy and better the environment by using green energy
  • Reduce or eliminate electricity bills
  • Increase your home value
  • Quick, hassle-free loan approval process
  • Enjoy tax credits and other incentives3
  • Competitive rates with fixed-rate terms up to 20 years
  • 100% financing available
  • No prepayment penalty
  • No dealer fees

Discuss federal, state, and local renewable energy incentives with our lending team. You can also learn more at EmPOWER Maryland or Maryland Energy Administration.

2All loans are subject to credit approval and will be subject to a Uniform Commercial Code (UCC) filing. Some restrictions may apply. Consult a loan officer for details.

3The information contained herein is general in nature and not intended to provide you with advice or recommendations. Contact your attorney, accountant, tax, or other professional advisor with regard to your individual situation. 


EV Charging Station Loans

electric vehicle charging iconBuying a new car and choosing an electric vehicle? Power up and hit the road! BofGB can help you add an EV charging station to your home. A BofGB EV Charging Station loan can make switching to clean energy more affordable. Our experienced lending team can help you find the financing option that makes the most sense for you and help you identify state and municipal incentives that can help lower the cost of installing an EV charging station.

 

Apply online today and make charging your EV a breeze!

To get started, click the button below and select “Personal Unsecured Loan.”

Apply for an EV Charging Station Loan

7.49% APR2

Fixed Rate

100% Financing Available

All work must be performed on the applicant’s primary residence in Anne Arundel County only.

 

  • Help conserve energy and better the environment by using green energy
  • Quick, hassle-free loan approval process
  • Enjoy tax credits and other incentives3
  • Competitive rates with fixed-rate terms up to 20 years
  • 100% financing available
  • No prepayment penalty
  • No dealer fees

Discuss federal, state, and local renewable energy incentives with our lending team. You can also learn more at EmPOWER Maryland or Maryland Energy Administration.

2All loans are subject to credit approval and will be subject to a Uniform Commercial Code (UCC) filing. Some restrictions may apply. Consult a loan officer for details.

3The information contained herein is general in nature and not intended to provide you with advice or recommendations. Contact your attorney, accountant, tax, or other professional advisor with regard to your individual situation. 


Green Initiatives at The Bank of Glen Burnie

eStatements – Green. Fast. Secure.

Go green and receive your statements electronically – the quickest, greenest, and easiest way to receive your statements.  You can view, print and download an electronic version of your statement that looks just like the paper version you receive by more. Learn more about eStatements and enroll today!