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97 North Main Street
Kilmarnock, VA 22482

Chesapeake Bank is headquartered in Kilmarnock and is the 26th largest bank in the state of Virginia. It is also the 977th largest bank in the nation. It was established in 1900 and as of December of 2017, it had grown to 184 employees at 17 locations. Chesapeake Bank has an A health rating.

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Chesapeake Bank (VA) Has Competitive Short-Term CDs - 5/19/2017

Chesapeake Bank (VA) added a 19-month CD (1.65% APY) and raised the rate on its 7-month CD (1.10% APY) this week. Minimum opening deposit for either is $1k.

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Health Grade Components

FDIC Certificate #6862
Year Established1900
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.26%
Return on Equity - YTD11.58%
Annual Interest Income$33.6MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$781.1MM$716.5MM
LoansQ4 2017vs Q4 2016$517.6MM$475.0MM
DepositsQ4 2017vs Q4 2016$677.0MM$611.3MM
Equity CapitalQ4 2017vs Q4 2016$86.7MM$77.9MM
Loan Loss AllowanceQ4 2017vs Q4 2016$6.1MM$6.4MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$5.2MM$6.3MM
Real Estate OwnedQ4 2017vs Q4 2016$3.2MM$1.3MM
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Chesapeake Bank Savings Account Rates

0.35%--Christmas Club Rate
0.10%--Totally Free Savings
0.05%--Youth Savings
0.05%--Solo Savings

Chesapeake Bank Checking Account Rates

0.35%*$50k*-myChecking 3
OTHER TIERS: 0.20% $10k - $25k | 0.30% $25k - $50k
0.15%$2k-myChecking 2

Chesapeake Bank CD Rates

1.75%$1k-5 Year CD
1.75%$1k-19 Month CD
1.25%$1k-7 Month CD
0.70%$1k-3 Year CD
0.55%$1k-2 Year CD
0.30%$1k-18 Month CD
0.25%$1k-12 Month CD
0.15%$1k-182 Day CD
0.10%$1k-30 Day CD
0.10%$1k-90 Day CD

Chesapeake Bank IRA Rates

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


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