Chesapeake, Virginia (VA) Savings Rates - March 2026
Brian McKay
Brian McKay
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The best savings rates for Chesapeake, Virginia and the surrounding area include Newport News Shipbuilding Employees Credit UnionNewport News Shipbuilding Employees Credit Union2445 Old Taylor Rd, Chesapeake, VA 23321 2233A+5.0 ★Texas Ratio: 4.82% Fast Start Savings at 5.00% APY, Chartway Credit UnionChartway Credit Union575 Cedar Rd, Chesapeake, VA 23322 5564A+5.0 ★Texas Ratio: 1.26% Smart Steps Savings at 4.50% APY, PNC BankPNC Bank1172 Greenbrier Pkwy, Chesapeake, VA 23320A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, Langley Federal Credit UnionLangley Federal Credit Union109 Volvo Pkwy Ste 105, Chesapeake, VA 23320 4609A5.0 ★Texas Ratio: 11.01% Platinum Money Market Savings at 3.00% APY, and ABNB Federal Credit UnionABNB Federal Credit Union1109 Cedar Rd, Chesapeake, VA 23322 7198A5.0 ★Texas Ratio: 10.06% ProBiz Insured Savings Account at 1.60% APY. Savings rates as of March 25, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Chesapeake, Virginia, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Chesapeake, Virginia (VA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Chesapeake, Virginia and the surrounding area. Last Updated and Verified: March 25, 2026
Compare the Best Savings Rates in Chesapeake, Virginia & Surrounding Communities
During the first 6 months after account opening, a promotional APY of 5.00% applies to that portion of the total account balance within the first tier, up to $2,499.99.
Bonus Savings account promotional rate of 2.50% APY is effective as of 1/31/24. Dividends are paid quarterly. Rate is subject to change. Annual Percentage Yield (APY). Bonus Savings account is available for new and existing members of Chartway Credit Union. To qualify for the offer, Bonus Savings account must be funded completely with new money. New money is defined as funds not currently on deposit with Chartway Credit Union. Funds transferred from IRA accounts are not eligible for this product. Fees could reduce earnings on the account (applies only to maintenance or activity fees). Chartway senior leadership positions (Vice President and above), Board of Directors, and volunteers are not eligible for this product.
$14,999.01 +
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
$4,999.01 - $14,999
$999.01 - $4,999
$100 - $999
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
$25 minimum opening deposit
Qualifying balance up to $1,000.00
Qualifying balance up to $500.00
Qualifying balance up to $15,000.00
REFUNDS on [all originating wire fees](https://primisbank.com/limits/#ACH-Limits) other banks charge you to send Primis wires + $10 just because.; Online Only
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Chesapeake, VA Savings Rate Trends
Compare local Chesapeake, VA savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Virginia high-yield savings rates fell 0.890 points this week to 0.592% APY, down from 1.482% last week.
Virginia standard savings rates rose 0.093 points this week to 0.529% APY, up from 0.436% last week.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Chesapeake, Virginia directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Chesapeake, Virginia. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in VA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Chesapeake, Virginia
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Chesapeake, Virginia safe?
How often do savings rates change in Chesapeake, Virginia?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Chesapeake, Virginia?
How do I open a savings account in Chesapeake, Virginia?
Best Savings Rates in Chesapeake, Virginia
- Newport News Shipbuilding Employees Credit Union
Fast Start Savings — 5.00% APY - Chartway Credit Union
Smart Steps Savings — 4.50% APY - PNC Bank
PNC High Yield Savings® — 3.25% APY - Langley Federal Credit Union
Platinum Money Market Savings — 3.00% APY - ABNB Federal Credit Union
ProBiz Insured Savings Account — 1.60% APY
