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

Primis Rate Drop
Have a grandfathered account currently paying 5.07% which was down from the original 5.16%. Received an email today that they are dropping rates further: In November, the Federal Reserve adjusted
DA Listing Is Out Of Date
There is no longer a 10 month CD special on their website.
Primis Login URL And Method Changing 11-12-24
Am posting this here since even with the election over people can't stop junking all the other areas with politics. So I dont bother with the other areas anymore. When
Primis Announces Underpayment Of Sept. - Oct. Interest. No Resolution Timeline.
"A recent review of your account revealed an incorrect interest credit posted to your account on 10/15/24 (i.e., the posted credit was missing one day’s interest from the statement cycle.)
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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