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

5.35% APY* On 15 & 18 Month Money Market Certificates
WHO??? PenFed...remember them?? Oh my goodness, I got an email to notify me that they had a 15 & 18 month certificate at 5.35%. Still not all that exciting but
Five Years At 5%+
I just purchased a WF brokered CD on the Vanguard brokerage website with a 5 year maturity at 5.05% YTM. This is a new issue, CUSIP 949764HE7, so there is
Chartway Federal Credit Union Unveils Rate-Leading 50-Month Promo CD
Deal Summary: 50-month Promo Share Certificate, 5.00% APY, $500 minimum deposit, new money. Availability: Easy membership requirement. Virginia-based Chartway Federal Credit Union (Chartway) recently added a 50-month Promo Share Certificate
7.5% APY, 5 Months $10K Maximum CD
This offer is only available through the website link below. BCU | Puerto Rico - Deposit Specials https://www.bcu.org/resources/campaign/pr-deposit-specials or Call 847-932-8165 to open an account and mention “Puerto Rico Specials”.
Primis Bank Now Limiting External Accounts To 3
This morning I read at the Doctor of Credit (DoC) website (https://www.doctorofcredit.com/primis-bank-5-03-checking-savings-accounts/) that Primis Bank is now limiting the number of external accounts that you can link to your Primis
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