Old Line Bank


Overview / Commentary
301-430-2500
1525 Pointer Ridge Place
Bowie, MD 20716

Old Line Bank is headquartered in Bowie and is the 3rd largest bank in the state of Maryland. It is also the 313th largest bank in the nation. It was established in 1989 and as of June of 2019, it had grown to 373 employees at 39 locations. Old Line Bank's CD rates are 94% higher than the national average, and it boasts an A+ health rating.

Reviews (3)

Old Line Bank serving Southern Maryland.

I have had a checking and savings account at Old Line Bank for many years. I love the fact that they are local. When I visit my nearest branch, the tellers know me. The customer service is outstanding. There has been more than one time I arrived a minute or two past the closing time. I was waited on with a smile even though I'm sure the teller wanted to go home. I would highly recommend Old Line to anyone in the area.

Most Unfriendly Bank EVER!

The most unfriendly bank ever! I was visiting my 12 year old granddaughter in Lexington Park, MD, for the Easter weekend, and she is starting a coin collection as a hobby. I took her to the local branch of this bank to get a few rolls of coins to go through. They insisted we must have an account in order to meet our request, and refused to swap paper money for my granddaughter to get a few rolls of coins! We were not cashing a check, we were swapping money for money - a quick transaction at a time when the bank was not busy. Very insensitive, very uncaring, not community spirited - and seriously disappointed a child who was excited to go through coins for her new found hobby. Is this the type of bank you would want to deal with?? STAY AWAY!!! BTW - the bank across the street, The Bank of the Chesapeake, allowed us to get coins from them without an account.

Old Line Bank

My beloved bank, Washington Savings bank was taken over by Old Line Bank some time ago. Yesterday I was unable to logon to my mobile acct. They locked me out. No problem I would just call Saturday and get back in. I get an answering machine with the hours of the bank and for internet banking I am to email them. Washington had had 24-7 phone support. Not Old Line. What kind of hokey bank is this? I have never seen a bank not have 24-7 phone support for online services.



Health
A+

Health Grade Components

Overall
FDIC Certificate #27599
Year Established1989
Employees373
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.25%
Return on Equity - YTD9.21%
Annual Interest Income$62.7MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$3.07B$2.93B
LoansQ2 2019vs Q2 2018$2.44B$2.38B
DepositsQ2 2019vs Q2 2018$2.39B$2.21B
Equity CapitalQ2 2019vs Q2 2018$422.5MM$390.4MM
Loan Loss AllowanceQ2 2019vs Q2 2018$7.9MM$6.7MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$7.8MM$3.1MM
Real Estate OwnedQ2 2019vs Q2 2018$882.00K$2.4MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Old Line Bank; 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.

Old Line Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Statement Savings

Old Line Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-Business Money Market
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $25k
0.20%*$25k*-Personal Money Market
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $25k

Old Line Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$2.5k*-NOW
OTHER TIERS: 0.05% $1k - $2.5k

Old Line Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.95%$500-5 Year CD
1.90%$500-4 Year CD
1.85%$500-24 Month CD
1.80%$500-18 Month CD
1.80%$500-3 Year CD
1.75%$500-12 Month CD
1.60%$5k-13 Month No Penalty CD Special - New Money Only
1.50%$500-6 Month CD
0.75%$500-3 Month CD

Old Line Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.95%$500-60 Month Fixed IRA
1.80%$500-18 Month Fixed IRA
1.80%$500-30 Month Fixed IRA
1.80%$500-18 Month Variable IRA
1.75%$500-12 Month Fixed IRA
1.75%$100-12 Month Add On-Fixed IRA
1.75%$100-12 Month Add On-Variable IRA
Locations

Availability



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