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

Chesapeake Bank is headquartered in Kilmarnock and is the 25th largest bank in the state of Virginia. It is also the 958th 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.

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Health

Health Grade Components

Overall
FDIC Certificate #6862
Year Established1900
Employees203
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.55%
Return on Equity - YTD14.03%
Annual Interest Income$17.6MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$803.4MM$780.7MM
LoansQ2 2018vs Q2 2017$520.6MM$509.9MM
DepositsQ2 2018vs Q2 2017$691.7MM$670.2MM
Equity CapitalQ2 2018vs Q2 2017$89.3MM$83.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$6.6MM$5.8MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$5.1MM$4.2MM
Real Estate OwnedQ2 2018vs Q2 2017$2.7MM$3.0MM
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%--Christmas Club Rate
0.15%--Totally Free Savings
0.10%--Solo Savings
0.05%--Youth Savings

Chesapeake Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$1k-Money Market Account

Chesapeake Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-myChecking 3
OTHER TIERS: 0.35% $10k - $25k | 0.45% $25k - $50k
0.25%$2k-myChecking 2

Chesapeake Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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



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