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ALERT: 2020 Holiday Hours

Thursday, December 24th Christmas Eve
9:00 am – 12:00 pm
CLOSED Friday, December 25th for Christmas
CLOSED Saturday, December 26th

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Thursday, December 31st New Year’s Eve
9:00 am – 2:00 pm
CLOSED Friday, January 1st for New Year’s Day
CLOSED Saturday, January 2nd


ALERT: Coronavirus: Health and Safety Announcements

Chesapeake Bank of Maryland branch lobby areas are available by appointment only due to COVID-19. We are limiting transactional banking services and will be increasing our drive-thru capabilities. Many in-branch transactions can now be completed in branches with drive-thru service. Current branch banking hours remain in effect. For details on locations and services, click here. Please check our website daily for further updates as COVID-19 is a fluid situation. Thank you for your understanding.


Loans

Quick, Easy & Online

APPLY ONLINE TODAY

A Home Equity Loan or Home Equity Line of Credit is an attractive way to borrow. The interest rate is typically lower than most types of loans, and varying terms and convenient payment plans provide the flexibility you need. Also, the interest paid on your Home Equity Loan may be tax deductible (please consult your tax advisor).

Fixed Rate Home Equity Loans

FIXED RATE HOME EQUITY LOANS

This is the smart way to borrow when you know how much money you’ll need. Taking a vacation, making a major purchase or a big home improvement? Borrow up to 60% of the equity of your home for up to 20 years and you will have a fixed rate and fixed payments for the term of your loan.

HOME EQUITY LINE OF CREDIT

When you aren’t certain how much you’ll need, or when you want maximum flexibility, this is the loan for you. Borrow as little or as much (up to your credit limit) as you need. This variable rate Line of Credit allows you to use the funds as you need them and payments are based only on what you have used.

Home Equity Line of Credit
Automobile Loans

AUTOMOBILE LOANS

Automobile Loans are available for new and used cars purchased from a dealer. You can take advantage of competitive rates for your auto purchase and terms up to 72 months. Don’t be fooled by “0%” loan offers. Borrowing from Chesapeake may save you money! Let us help you find the auto loan that’s right for you.

SHARE LOANS

With a Chesapeake Bank Share Loan you can borrow up to 90% of the value of your Certificate of Deposit or Savings Account (minimum amount is $1,500). The interest rate is indexed to the rate your deposit account is earning. You’ll have fixed payments for the entire term of the loan.

Share Loans
Overdraft Protection

OVERDRAFT PROTECTION

If you need a little help making sure you never overdraw your personal checking account, Overdraft Protection is the plan for you. You’ll have immediate access to funds (up to your approved credit amount) in case of an emergency or the rare instance you may have misjudged the amount of money currently in your account.

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