The Bank of Glen Burnie


Overview / Commentary
410-768-8852
101 Crain Highway, S.E.
Glen Burnie, MD 21061

The Bank of Glen Burnie is headquartered in GLEN BURNIE and is the 22nd largest bank in the state of Maryland. It is also the 2,198th largest bank in the nation. It was established in 1949 and as of September of 2023, it had grown to 84 employees at 8 locations. The Bank of Glen Burnie's money market rates are 9X the national average, and it has a C+ health rating.

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Health
C+

Health Grade Components

Overall
FDIC Certificate #16820
Year Established1949
Employees84
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.5%
Return on Equity - YTD11.34%
Annual Interest Income$9.9MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$355.4MM$415.6MM
LoansQ3 2023vs Q3 2022$172.7MM$191.8MM
DepositsQ3 2023vs Q3 2022$314.9MM$378.9MM
Equity CapitalQ3 2023vs Q3 2022$13MM$14.3MM
Loan Loss AllowanceQ3 2023vs Q3 2022$2.1MM$2.3MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$580K$194K
Real Estate OwnedQ3 2023vs Q3 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not The Bank of Glen Burnie; 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.

The Bank of Glen Burnie Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$100-Statement Savings
0.05%$50-Youth Savings

The Bank of Glen Burnie Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.07%*$25k*-Money Market Advantage Account
OTHER TIERS: 0.03% Up to $25k
0.05%--Money Market Account

The Bank of Glen Burnie Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%$1k-Interest Checking
0.03%--Premium Interest Checking

The Bank of Glen Burnie CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.76%$500-60 Month CD
1.51%$500-48 Month CD
1.26%$500-36 Month CD
1.00%$500-18 Month CD
1.00%$500-24 Month CD
0.75%$500-12 Month CD
0.50%$500-6 Month CD
0.25%$500-3 Month CD
0.05%$500-30 Day CD

The Bank of Glen Burnie IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.76%$250-60 Month IRA
1.51%$250-48 Month IRA
1.26%$250-36 Month IRA
1.00%$250-18 Month IRA
1.00%$250-24 Month IRA
0.75%$250-12 Month Fixed Rate
Locations


The Bank of Glen Burnie Locations
The Bank Of Glen Burnie101 Crain Hwy SGlen Burnie, MD 21061
Severna Park Branch534 Ritchie HighwaySeverna Park, MD 21146
New Cut Branch740 Stevenson RoadSevern, MD 21144
Riviera Beach Branch7747 Fort Smallwood RoadRiviera Beach, MD 21122
Severn Branch811 Reece RoadSevern, MD 21144
Linthicum BranchBurwood Village Shopping CenterGlen Burnie, MD 21061
Crownsville Banking Branch1221 Generals HighwayCrownsville, MD 21032
Odenton BranchRoute 175 and Morgan RoadOdenton, MD 21113

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