Banking Rates & News

Norfolk Metro Area

Including Ahoskie, Avon, BARCO, Boykins, Buxton, CAMDEN, Cape Charles, Capron, Carrollton, Chesapeake, and 49 other towns.

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Banking in the Norfolk Area

Norfolk is in southeast Virginia, located at the mouth of Chesapeake Bay. It is the second-largest city in the state, with about 250,000 people, and is part of the wider Hampton Roads metropolitan area, which, with about 1.7 million people, also is second largest in Virginia. Other top cities in the region include Virginia Beach, Chesapeake, Williamsburg, Newport News, Hampton, Portsmouth, Suffolk, Elizabeth City, and Yorktown.

Norfolk does not have many banks locally headquartered for a city its size, but largely thanks to its role as a major Naval port and shipbuilding center, it has a lot of credit unions. There are only 10 banks with headquarters in the area, but there are 46 credit unions. Notable institutions headquartered in the region include TowneBank, Langley Federal Credit Union, Southwest Community CU, Bank of Hampton Roads and Bayport Credit Union. The oldest institution with headquarters in the area that still operates today is Farmers Bank (VA), which was established in 1919.

There are many other banks and credit unions with a presence in the Norfolk area. Altogether, there are approximately 680 total branches from more than 40 banks and 55 credit unions.

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Local Deals & News

$400 Bonus Question
Wells Fargo is currently running a promo - deposit $4000 via direct deposit within 90 days, receive $400. I'm not sure if this is invitation only, I received a promo
13-Month CD, 3.00% APY, Limited Availabililty
Langley FCU is open to anyone, but the 13-month CD (3.00% APY) can only be opened "in person at Langley branches in Hampton Roads for new deposits only." $1,000 minimum/$10,000
Earn $100 To Open Checking Account
You could earn $100 by switching or opening a new account
UNIFY Financial Offers No-Penalty 19-Month CD, Up To 2.25% APY
Deal Summary: 19-month Liquid Share Certificate, 2.25% APY ($5k minimum, two penalty-free withdrawals), 2.00% APY ($500 minimum, one penalty-free withdrawal), new money, unlimited deposits. Availability: Easy membership California-based UNIFY Financial
Navy Federal Adds 37-Month IRA Certificate Special, 3.00% APY
Deal Summary: 37-month IRA/ESA Certificate Special, 3.00% APY, $50 min/$150k max deposit, additional deposits allowed. Availability: Nationwide, but a military relationship required for membership. In the past, I’ve written a
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