Competitive Rates in a Competitive World
Compare rates from Chesapeake Bank on checking and savings accounts, certificate of deposits (CDs), and individual retirement accounts (IRAs).
Interest-Bearing Checking Rates
Rates as of January 31, 2023. Rates are subject to change without notice.
Description |
Interest Rate |
Annual Percentage Yield |
Apply Online |
myChecking 2($2,000 & above) |
0.20% | 0.20% | apply now |
myChecking 3 - Tier 1($10,000 - $24,999) |
0.20% |
0.20% |
|
myChecking 3 - Tier 2($25,000 - $49,999) |
0.25% | 0.25% | apply now |
myChecking 3 - Tier 3($50,000 & above) |
0.30% | 0.30% | apply now |
Money Market(min to open: $1,000 Balances $5,000-$24,999) |
0.15% | 0.15% | In Branch Only |
Money Market(min to open: $1,000 Balances $25,000-$99,999) |
0.95% | 0.95% | In Branch Only |
Money Market(min to open: $1,000 Balances $100,000-$499,000) |
1.04% | 1.05% | In Branch Only |
Money Market(min to open: $1,000 Balances $500,000-$999,000) |
1.14% | 1.15% | In Branch Only |
Money Market(min to open: $1,000 Balances ≥ $1,000,000 ) |
1.24% | 1.25% | In Branch Only |
* Annual Percentage Yield (APY) of Money Market accounts accurate as of 1/31/2023. 1.25% APY is paid on balances greater than or equal to $1,000,000, 1.15% APY is paid on balances $500,000 to $999,999, 1.05% APY is paid on balances $100,00 to $499,999, 0.95% APY is paid on balances $25,000 to $99,999, and 0.15% APY is paid on balances $5,000 to $24,999. Rate may increase or decrease without notice. Rate will vary and may change without notice. **CD Rate effective 01/31/2023. Subject to change without notice. Substantial penalty for early withdrawal.
Savings Account Rates
Rates as of January 31, 2023. Rates subject to change without notice.
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More on Personal Banking
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