Banking Rates & News

Norfolk Metro Area

Including Avon, Boykins, Buxton, Eastville, Exmore, Hartfield, Hayes, Murfreesboro, NAGS HEAD, Oak Hall, and 47 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

Unify Financial Credit Union 5.00% APY 15-Month Share Certificate Available Nationwide
5.00% APY 15-Month Share Certificate • Open with as little as $500 (new money) • Make one additional deposit within 30 days • New money deposits only https://www.unifyfcu.com/savings-rates#share-certificate-rates-1387 New to
Navy Federal Unveils Rate-Leading 15-Month Add-On Special CD
Deal Summary: 15-month Certificate Special, 5.00% APY, $50 min/$250k max deposit, limit one per member, additional deposits at any time, available through April 30, 2023. Availability: Nationwide, but restricted to
NASA Federal Credit Union 49-Month CD Special Has Rate-Leading APY
Deal Summary: Share Certificate Specials – 49-month (4.75% APY), 15-month (4.70% APY), 9-month (4.60% APY), minimum $10k deposit of new money. Availability: Easy membership requirement As DA reader, nored, announced
Rates Are Up At NASA FCU
NASA fcu has increased their Certificate rates today. 49 month to 4.75 apy today.  Great customer service!!!
Langley Fed Credit Union Adds Very Competitive 29-Month Promo IRA CD
Deal Summary: 29-month Promo IRA Certificate, 5.00% APY, $500 minimum deposit, new money required. Availability: Easy membership requirement DA readers are probably quite familiar with the promotional certificates offered by
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