Overview / Commentary
410-661-1141
2001 East Joppa Road
Baltimore, MD 21234

Chesapeake Bank of Maryland is headquartered in Parkville and is the 35th largest bank in the state of Maryland. It is also the 2,736th largest bank in the nation. It was established in 1913 and as of September of 2018, it had grown to 43 employees at 4 locations. Chesapeake Bank of Maryland has an A+ health rating.

Reviews (2)

Great Local Bank

I cannot express enough how much I love banking here. The people that work here are always so friendly and they really seem to truly care about what you want and make sure they find the best fit for you. I have never had an issue with their customer service. Their staff is super reasonable. Not to mention they are unbelievably reasonable with their fees. I have never had an issue maintaining my account to avoid fees. It's super easy. They also take the time needed to help you over the phone with any question you might have, even on busy days like Fridays. Their hours are also great and they're competitive with other local as well as big banks. Honestly i can not tell you how much I love this bank switching over here from M&T was a great move. This bank is incredible and the online banking website is a breeze so easy to use and intuitive.

This is a great place.

Posted by: Ken2 | Jul 7, 2016

I cannot express enough how much I love banking here. The people that work here are always so friendly and they really seem to truly care about what you want and make sure they find the best fit for you. I have never had an issue with their customer service. Their staff is super reasonable and nice. Everyone honestly feels like family there and they treat you like you're a part of it. Not to mention they are unbelievably reasonable with their fees. I have never had an issue maintaining my account to avoid fees. It's super easy. They also take the time needed to help you over the phone with any question you might have, even on busy days like Fridays. Their hours are also great and they're competitive with other local as well as big banks.



Health
A+

Health Grade Components

Overall
FDIC Certificate #28684
Year Established1913
Employees43
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD4.03%
Annual Interest Income$5.5MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$217.5MM$181.6MM
LoansQ3 2018vs Q3 2017$143.7MM$141.8MM
DepositsQ3 2018vs Q3 2017$173.7MM$154.5MM
Equity CapitalQ3 2018vs Q3 2017$39.5MM$22.0MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.2MM$909.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$1.0MM$1.9MM
Real Estate OwnedQ3 2018vs Q3 2017$865.00K$1.1MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Chesapeake Bank of Maryland; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Chesapeake Bank of Maryland Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$100-Statement Savings Account
0.05%$5-Student Savings Account
0.05%--Club Accounts

Chesapeake Bank of Maryland Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$100k*-Premier Money Market Account
OTHER TIERS: 0.02% $1k - $5k | 0.05% $5k - $25k | 0.10% $25k - $75k | 0.20% $75k - $100k

Chesapeake Bank of Maryland Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$500*$20k50+ Checking
OTHER TIERS: 0.20% $20k+

Chesapeake Bank of Maryland CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$1k-60 Month CD
0.55%$1k-48 Month CD
0.45%$1k-36 Month CD
0.30%$1k-24 Month CD
0.20%$1k-18 Month CD
0.15%$1k-12 Month CD
0.10%$1k-6 Month CD

Chesapeake Bank of Maryland IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$1k-60 Month IRA
0.55%$1k-48 Month IRA
0.45%$1k-36 Month IRA
0.30%$1k-24 Month IRA
0.20%$1k-18 Month IRA
0.15%$1k-12 Month IRA
0.10%$1k-6 Month IRA
Locations


Chesapeake Bank of Maryland Locations
Bel Air Branch1 A Bel Air South ParkwayBel Air, MD 21015
Chesapeake Bank Of Maryland2001 East Joppa RoadParkville, MD 21234
Pasadena Branch3820 Mountain RdPasadena, MD 21122
5424 Carville Ave Branch5424 Carville AvenueHalethorpe, MD 21227

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