Savings Account Features
All of Chesapeake Bank’s personal savings accounts come with these rock-solid, customer-centric features:
Low Minimum Balances
Start saving today with a low minimum opening balance on several of our savings accounts.
Online Account Access
Quick and easy electronic services, including Online Banking, Mobile Banking, e-Statements, and Touch-Tone Teller.
Earn Interest
Apply in minutes and watch your money grow with interest.
Compare Personal Savings Accounts
Totally-Free Savings |
Solo Savings |
Youth SavingsIn Branch Only |
Christmas ClubIn Branch Only |
|
Minimum to Open |
$100 plus an active checking account |
$200 | $25 |
$10 $5 per week or $20 per month must be transferred to maintain account |
Service Charge |
$0 |
$4 per Quarter if balance falls below $500 |
$0 | $0 |
Minimum Balance to Earn Interest |
$100 | $100 |
$25 |
$10 |
Statement |
Monthly | Quarterly | Quarterly | Monthly |
Maximum Number of Withdrawals or Transfers |
Six / Month | Six / Month | Three / Month | Withdrawals Prior to Maturity Date are Not Permitted |
Excess Withdrawal / Transfer Charge |
None | $1 / Item | $1 / Item |
None Prior to Maturity at Holidays |
Apply Online |
Apply Now | Apply Now | In Branch Only | In Branch Only |
Youth Savings
Christmas Club
Save money for the holidays (or property taxes) with automatic monthly or weekly deposits into this account that does not allow withdrawals during the year.
Clear Sky Accounts
Clear Sky Savings is a high-yield, online savings account with no monthly fees, available exclusively at Chesapeake Bank.
Looking for More Personal Banking Options?
Make the Most of Your Savings
If you want to be at the low end of the risk/reward spectrum, a Certificate of Deposit (CD) from Chesapeake Bank might be the right choice for you. IRAs are another savings option and offer the added advantage of tax benefits.
- Routing #
- 051403779
- NMLS #
- 625537