Chesapeake Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.50%	18-month CD	2.50% - American Express National Bank 18 Month CD
1.50%	6-month CD	0.70% - National Average
2.30%	5-year CD	3.00% - American Express National Bank 60 Month CD

View all Chesapeake Bank rates »

Overview / Commentary

www.chesbank.com

804-435-1181

97 North Main Street
Kilmarnock, VA 22482

Chesapeake Bank is headquartered in Kilmarnock and is the 25^th largest bank in the state of Virginia. It is also the 958^th largest bank in the nation. It was established in 1900 and as of June of 2018, it had grown to 203 employees at 17 locations. Chesapeake Bank's money market rates are 5X the national average, and it has an A health rating.

Overall
FDIC Certificate #	6862
Year Established	1900
Employees	203
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.55%
Return on Equity - YTD	14.03%
Annual Interest Income	$17.6MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$803.4MM$780.7MM
Loans	Q2 2018vs Q2 2017	$520.6MM$509.9MM
Deposits	Q2 2018vs Q2 2017	$691.7MM$670.2MM
Equity Capital	Q2 2018vs Q2 2017	$89.3MM$83.6MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$6.6MM$5.8MM
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$5.1MM$4.2MM
Real Estate Owned	Q2 2018vs Q2 2017	$2.7MM$3.0MM

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Chesapeake 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.

Chesapeake Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.35%	-	-	Christmas Club Rate
0.15%	-	-	Totally Free Savings
0.10%	-	-	Solo Savings
0.05%	-	-	Youth Savings

Chesapeake Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.00%	$1k	-	Money Market Account

Chesapeake Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$50k^*	-	myChecking 3
OTHER TIERS: 0.35% → $10k - $25k \| 0.45% → $25k - $50k
0.25%	$2k	-	myChecking 2

Chesapeake Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.10%	$1k	-	37 Month CD - One Time Bump
2.50%	$1k	-	19 Month CD - One Time Bump
2.30%	$1k	-	5 Year CD
1.50%	$1k	-	7 Month CD
1.25%	$1k	-	3 Year CD
0.95%	$1k	-	2 Year CD
0.70%	$1k	-	18 Month CD
0.60%	$1k	-	12 Month CD
0.50%	$1k	-	182 Day CD
0.20%	$1k	-	30 Day CD
0.20%	$1k	-	90 Day CD

Chesapeake Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	$100	-	3 Year IRA
1.75%	$100	-	3 Year Roth IRA
1.25%	$100	-	1 Year IRA
1.25%	$100	-	1 Year Roth IRA

Locations

Availability

Richmond Area

Richmond Area bank & credit union details

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.