Capital Bank of Maryland – A Comprehensive Guide

Capital Bank of Maryland is a community bank headquartered in Rockville, Maryland, that has been serving the financial needs of individuals and businesses since 1999. The bank offers a wide range of banking services including personal banking, business banking, and commercial lending.

Capital Bank of Maryland – A Comprehensive Guide

In this comprehensive guide, we will take a closer look at Capital Bank of Maryland’s history, offerings, and how you can benefit from the bank’s products and services.

A Brief History of Capital Bank of Maryland

Capital Bank of Maryland was founded in 1999 by a group of experienced bankers who wanted to create a community bank that would offer personalized service to customers. Since its inception, the bank has grown steadily and has become one of the most respected banks in the state.

In 2012, Capital Bank of Maryland acquired American Bank in Washington D.C., which allowed it to expand its operations into the nation’s capital. The acquisition also enabled the bank to offer more products and services to customers in both regions.

Today, Capital Bank of Maryland continues to serve its customers with personalized service while also providing cutting-edge technology and financial solutions.

Personal Banking Services

Capital Bank of Maryland offers a variety of personal banking services designed to meet your financial needs. These include:

Checking Accounts

The bank offers two checking account options: Free Checking and Performance Checking. Free Checking has no monthly maintenance fee or minimum balance requirement while Performance Checking offers interest-bearing accounts with added benefits such as free online bill pay and ATM fee refunds.

Savings Accounts

The bank offers several savings account options including Regular Savings, Money Market Savings, Certificate of Deposit (CD), Individual Retirement Account (IRA), and Health Savings Account (HSA). These accounts offer competitive interest rates and flexible terms.

Loans

Capital Bank of Maryland provides various loan options for personal use including Personal Loans, Auto Loans, Home Equity Lines Of Credit (HELOC), and Home Mortgages. The bank offers competitive interest rates and flexible terms to help you achieve your financial goals.

Online Banking

Capital Bank of Maryland’s online banking platform allows you to perform various transactions such as checking account balances, transferring funds, paying bills, and viewing statements from the comfort of your home or office.

Business Banking Services

Capital Bank of Maryland also provides a variety of business banking services to help you manage your finances effectively. These include:

Business Checking Accounts

The bank offers two types of business checking accounts: Small Business Checking and Commercial Checking. Small Business Checking is designed for small businesses while Commercial Checking is ideal for larger companies that require more complex banking services.

Merchant Services

Capital Bank of Maryland also offers merchant services that enable businesses to accept credit card payments at their location or online. This service helps businesses improve customer convenience while also increasing sales revenue.

Loans

The bank provides various loans for business use including Commercial Real Estate Loans, Equipment financing, SBA Loans, and Lines Of Credit (LOC). These loans offer competitive interest rates and flexible terms to help you grow your business.

Online Banking

Like personal banking customers, business banking customers can also access Capital Bank of Maryland’s online banking platform to manage their finances remotely.

Commercial Lending Services

Capital Bank of Maryland understands the importance of providing funding for commercial enterprises. As such, they offer specialized commercial lending services which include:

Construction Loans

This type of loan is useful when constructing new buildings or renovating existing ones. Capital Bank of Maryland provides construction loans based on the project’s scope and budget.

Commercial Real Estate Loans

These loans are suitable when purchasing commercial real estate properties such as office buildings or retail spaces. The bank offers competitive interest rates and flexible terms for these loans.

Lines Of Credit (LOC)

A LOC is a revolving credit account that enables businesses with fluctuating cash flow needs to access funds when needed. Capital Bank of Maryland provides LOCs to businesses at competitive interest rates.

SBA Loans

Capital Bank of Maryland is an approved Small Business Administration (SBA) lender. As such, they offer various SBA loan programs that cater to different types and sizes of businesses.

Conclusion

Capital Bank of Maryland is a trusted financial institution that offers a wide range of banking services designed to meet the needs of individuals, businesses, and commercial enterprises. The bank’s commitment to personalized service and cutting-edge technology makes it an ideal choice for those looking for a reliable banking partner.

Whether you are looking for personal banking services, business banking services or commercial lending services, Capital Bank of Maryland has got you covered. So why not visit the nearest branch today to learn more about how you can benefit from their extensive offerings!

FAQs

What is Capital Bank of Maryland?

Capital Bank of Maryland is a community bank that offers banking services to individuals and businesses in the Maryland area.

What types of accounts does Capital Bank of Maryland offer?

Capital Bank of Maryland offers personal checking and savings accounts, business checking and savings accounts, money market accounts, and certificates of deposit.

Can I access my account online with Capital Bank of Maryland?

Yes, Capital Bank of Maryland offers online banking services that allow you to access your account information, transfer funds, pay bills, and more.

Does Capital Bank of Maryland offer loans?

Yes, Capital Bank of Maryland offers a variety of loan products including personal loans, home equity loans, auto loans, and business loans.

Is my money safe at Capital Bank of Maryland?

Yes, your deposits at Capital Bank of Maryland are insured by the FDIC up to $250,000 per depositor.

What sets Capital Bank of Maryland apart from other banks?

Capital Bank of Maryland prides itself on providing personalized service to its customers. They also have a strong commitment to giving back to the community through charitable donations and volunteer work.

Can I open an account with Capital Bank of Maryland if I don’t live in the area?

It depends on where you live. While their focus is on serving the local community in Maryland, they may be able to open an account for out-of-state residents depending on certain criteria. It’s best to contact them directly for more information.

Does Capital Bank of Maryland charge fees for using ATMs?

There are no fees charged by Capital Bank for using their own ATMs or making withdrawals from other bank’s ATMs that are part of the Allpoint network. However, other banks or ATM operators may charge their own fees.

What do I need to bring with me to open an account at Capital Bank of Maryland?

To open a personal account, you will need a government-issued ID and proof of address. Business accounts require additional documentation such as articles of incorporation and tax ID numbers.

How can I contact Capital Bank of Maryland if I have questions or concerns?

You can contact them by phone, email, or by visiting one of their branch locations during business hours. Their website also has a contact form that you can use to send them a message.

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