Announcement: Memorial Day Holiday

All Chesapeake Bank of Maryland locations will be closed on Monday, May 30th, in observance of Memorial Day.


CBM Bancorp, the Baltimore, Maryland based holding company and parent of Chesapeake Bank of Maryland has entered into a definitive agreement to merge with Rosedale Federal Savings & Loan Association. Please click here to read the full press release.

Personal Banking

Tailor-Made Products & Services


We offer a variety of online products and services so you can bank when it’s convenient for you.

  • Mobile App TouchBanking
  • Online Bill Pay
  • Transfer Funds
  • eStatements


Our most popular checking choice with maximum flexibility. Open your account with as little as $100. Once you receive your checks and/or debit card, you’ll have 24 hour access to your account.

Keep a balance sufficient to cover your transactions and it’s hassle free checking! You’ll enjoy all of the benefits of checking with Chesapeake AND your online Bill Pay is FREE!

50+ Checking

If you are age 50 or better, this may be the right account for you. When you maintain a minimum balance of only $500 and sign up for Direct Deposit, you’ll receive a higher rate of interest, Free Checks for Life, Free Online Bill Pay, Bonus Rates on new CD deposits and a host of additional benefits.


Open your account with only $100, earn a competitive rate of interest, and watch your money grow. Your funds can be accessed 24 hours a day with your FREE Chesapeake Bank ATM Card.

Designed to help develop good savings habits at an early age, Student Savings requires only $5.00 to open. After that deposits are allowed in any amount. There are no fees and no minimum balance requirement. Anyone under age 18 with a parent or guardian is eligible.

If you are saving for something special, a Chesapeake Bank Club Account can meet your needs. Deposit as much as you like, at anytime. Save for the holidays or for that special vacation. We’ll send you a check automatically, then, you can start your savings again.


Your Premier Money Market can be opened for just $1,000. With tiered interest rates the more you save, the more you earn.

Certificates of Deposit and Retirement Accounts

Whether you need a Certificate of Deposit or Retirement Savings, you deserve the peace of mind that comes with an insured deposit. Certificate and Retirement accounts require a low minimum balance of only $1,000. Chesapeake offers you Traditional, Roth, and Coverdell Education IRAs. Don’t take chances with your future, save securely at Chesapeake Bank of Maryland.


  • Direct Deposit
  • Overdraft Protection Available
  • FREE MasterMoney® Debit Card
  • Free eStatements
  • “Totalmatic” Automatic Savings Transfer or Loan Payment
  • Chesapeake Bank-by-Phone: 1-866-880-2266
  • FREE & EASY Online Banking
  • Online Bill Pay available with all checking accounts
  • MoneyPass® Fee Free ATM Access
  • Unlimited Check Writing – No per check fees
  • Free Notary Service
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