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Chesapeake Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
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Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
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Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
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Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Overview / Commentary
ches.bank
804-435-1181
97 North Main Street
Kilmarnock, VA 22482

Chesapeake Bank is headquartered in KILMARNOCK and is the 19th largest bank in the state of Virginia. It is also the 713th largest bank in the nation. It was established in 1900 and as of September of 2024, it had grown to 272 employees at 19 locations. Chesapeake Bank has an A health rating.

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Health
A

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #6862
Year Established1900
Employees272
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD10.3%
Annual Interest Income$61.5MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$1.59B$1.38B
LoansQ3 2024vs Q3 2023$900.3MM$826.7MM
DepositsQ3 2024vs Q3 2023$1.41B$1.23B
Equity CapitalQ3 2024vs Q3 2023$131.6MM$102.1MM
Loan Loss AllowanceQ3 2024vs Q3 2023$10.3MM$10.1MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$4.3MM$2.2MM
Real Estate OwnedQ3 2024vs Q3 2023$662K$839K
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/23/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates

Rates for Chesapeake Bank are currently being reviewed.

Locations

Availability

Richmond Area

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