Banking Rates & News

Norfolk Metro Area

Including Ahoskie, Avon, BARCO, Boykins, Buxton, Camden, Cape Charles, Capron, Carrollton, CHESAPEAKE, 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

Together Credit Union (MO) 15 Month CD Special 5.25%
Together Credit Union (MO) is currently offering a 15 Month CD Special 5.25% APY. Can be opened online or at the branch. $1,000 min to open.
12 Month Easy Start Special CD
Anyone who wants to open this CD you will need to have a Checking Account and a Direct Deposit. You are limited to $3,000 in contributions for this CD but
18 Month Add On With No Penalty For One Withdrawal During The Term
NFCU is now offering a add on 18 Month Easy Start 4.70 APR with one penalty free withdrawal during the term. If you bank and maintain a Money Market Account,
Certificate Specials Gain 10bps
9 Month Share Certificate Special - 5.40% (was 5.30%) 15 Month Share Certificate Special - 5.25% (was 5.15%) 49 Month Share Certificate Special - 4.45% (was 4.35%)
Expired - Langley Federal Credit Union 14-Month CD Special Is Still Available
Update 1/23/2024: The 14-month CD Special has expired and is no longer available. Deal Summary: 14-month CD Special, 5.70% APY, $500 minimum deposit, available to new members with new money
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