Chesapeake Bank


Overview / Commentary
804-435-1181
97 North Main Street
Kilmarnock, VA 22482

Chesapeake Bank is headquartered in Kilmarnock and is the 24th largest bank in the state of Virginia. It is also the 798th largest bank in the nation. It was established in 1900 and as of December of 2020, it had grown to 220 employees at 18 locations. Chesapeake Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #6862
Year Established1900
Employees220
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD10.79%
Annual Interest Income$41.1MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$1.21B$955.0MM
LoansQ4 2020vs Q4 2019$621.0MM$560.0MM
DepositsQ4 2020vs Q4 2019$1.02B$841.1MM
Equity CapitalQ4 2020vs Q4 2019$122.9MM$106.0MM
Loan Loss AllowanceQ4 2020vs Q4 2019$9.2MM$6.7MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$2.1MM$354.00K
Real Estate OwnedQ4 2020vs Q4 2019$4.2MM$4.4MM
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$10-Christmas Club Rate
0.03%$25-Youth Savings
0.03%$100-Totally Free Savings
0.03%$100-Solo Savings

Chesapeake Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%$1k-Money Market Account

Chesapeake Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%$2k-myChecking 2
0.03%$10k-myChecking 3

Chesapeake Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$1k-5 Year CD
0.25%$1k-37 Month CD
0.20%$1k-3 Year CD
0.15%$1k-2 Year CD
0.15%$1k-19 Month CD
0.10%$1k-18 Month CD
0.10%$1k-7 Month CD
0.10%$1k-12 Month CD
0.03%$1k-30 Day CD
0.03%$1k-90 Day CD
0.03%$1k-182 Day CD

Chesapeake Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$100-3 Year IRA
0.20%$100-3 Year Roth IRA
0.10%$100-1 Year IRA
0.10%$100-1 Year Roth IRA
Locations

Availability



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