Chesapeake Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.36%	18-month CD	1.61% - National Average
1.35%	6-month CD	0.88% - National Average
2.30%	5-year CD	3.10% - Barclays 60 Month Online 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 24^th largest bank in the state of Virginia. It is also the 917^th largest bank in the nation. It was established in 1900 and as of December of 2018, it had grown to 197 employees at 17 locations. Chesapeake Bank's money market rates are 5X the national average, and it has an A health rating.

View all posts from:

2017
2006

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

5/13 - 5.50% 7-Month / 13-Month CD at a Virginia Bank

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Health

Data as of Q4 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	6862
Year Established	1900
Employees	197
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.44%
Return on Equity - YTD	13.02%
Annual Interest Income	$36.6MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$850.9MM$781.1MM
Loans	Q4 2018vs Q4 2017	$539.4MM$517.6MM
Deposits	Q4 2018vs Q4 2017	$750.8MM$677.0MM
Equity Capital	Q4 2018vs Q4 2017	$93.1MM$86.7MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$6.6MM$6.1MM
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$7.9MM$5.2MM
Real Estate Owned	Q4 2018vs Q4 2017	$2.7MM$3.2MM

Rates

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Savings
Money Market
Checking
CD
IRA

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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

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
2.95%	$1k	-	37 Month CD - One Time Bump
2.36%	$1k	-	19 Month CD - One Time Bump
2.30%	$1k	-	5 Year CD
1.35%	$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

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