Best CD Rates in Virginia Beach

Find and compare the best CD rates in Virginia Beach from local and regional banks serving Virginia Beach and the surrounding communities in Southeastern VA. Certificates of deposit have always been part of the framework for smart money management. With the highest yielding bank CDs in the Virginia Beach area, consumers can earn higher market interest rates without sacrificing safety and security.

High rates of return on CD accounts in Virginia Beach cover a broad array of terms and products. Consumers can find short term accounts with above average returns in Virginia Beach including three month CD rates, six month CD rates, and nine month CD rates. Midterm accounts such as the one year CD rates, 18 month CD rates, and two year CD rates are also easily accessible in Virginia Beach. For savers and investors that want to lock in a longer term, competitive Virginia Beach two year CD rates, three year CD rates, and five year CD rates can be opened at a number of area banks.

Use the table of local CD rates listed below to compare the best CD rates offered in Virginia Beach with some of the top bank CD rates across the nation.

Local CD Rates
Bank CD Rate CD Term Min $ Open
Transportation Alliance Bank
www.tabbank.com
800-837-4214
0.95% 3 Month $1,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
0.90% 3 Month $1,000.00
Goldwater Bank CD Rates
www.goldwaterbank.com
480-281-8200
0.86% 3 Month $5,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.15% 6 Month $1,000.00
Virtual Bank CD Rates
www.virtualbank.com
877-998-2265
1.11% 6 Month $10,000.00
Goldwater Bank CD Rates
www.goldwaterbank.com
480-281-8200
1.05% 6 Month $5,000.00
CD Bank
www.cdbank.com
888-201-8185
1.20% 9 Month $1.00
Virtual Bank CD Rates
www.virtualbank.com
877-998-2265
1.16% 9 Month $10,000.00
IncredibleBank
www.incrediblebank.com
877-261-4750
1.10% 9 Month $10,000.00
M.Y. Safra Bank CD Rates
www.mysafra.com
855-697-2372
1.48% 1 Year $5,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.47% 1 Year $1,000.00
Virtual Bank CD Rates
www.virtualbank.com
877-998-2265
1.46% 1 Year $10,000.00
NewDominion Bank
www.newdominionbank.com
800-592-6248
1.75% 2 Year $3,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.71% 2 Year $1,000.00
Popular Direct
www.populardirect.com
800-274-5696
1.70% 2 Year $10,000.00
Synchrony Bank CD Rates
www.synchronybank.com
866-226-5638
2.35% 5 Year $25,000.00
Popular Direct
www.populardirect.com
800-274-5696
2.35% 5 Year $10,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
2.27% 5 Year $1,000.00
The CD accounts available have a wide range of minimum deposit requirements with some as low $250.00. These accounts also come with several different interest payment options. Account holders can retain the earned interest within the certificate account to earn compound returns, have the earned interest transferred to a checking account or savings account, or have the interest paid direct to create a recurring income stream.

Additional terms and accounts are available in the Virginia Beach area including jumbo CDs with attractive jumbo CD rates, IRA CDs with competitive IRA CD rates on traditional accounts as well Roth IRA CDs, and CD promotions that have non-traditional terms and conditions.

By securing the best CD rates in the region, consumers can be confident they are maximizing their returns on the savings. All banks are FDIC insured institutions, the standard CDs, jumbo CDs and IRA CDs listed for Virginia Beach are insured by the FDIC up to $250,000 per account owner for each financial institution.

The high yielding CD rates available in the Virginia Beach region includes the surrounding Hampton Roads metropolitan area and the smaller local towns and communities. Consumers can also find above average CD rates in Alanton, Atlantic Park, Bay Colony, Cavalier Park, Chester, Colonial Heights, Elizabeth City, Highland Springs, Hopewell, Laurel Manor, Linkhorn, Linlier, Macons Corner, North Linkhorn Park, North Virginia Beach, Oceana, Petersburg, Point O'Woods, Poquoson, Rudee Heights, Seatack, and Wolfsnare Plantation, VA.

The local CD interest rates and annual percentage yields are subject to change. The annual percentage yields listed assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. A penalty may be imposed for early withdrawal as disclosed on the individual bank certificate of deposit account agreements.

The bank rate information presented is believed to be reliable, but may have changed since this publication date, the information is not guaranteed. Contact the banks listed directly for the most update and accurate information regarding the bank rates and account terms and conditions.

Bank CD rates dropped just slightly for the week ending October 28, 2011.  Based on the most recent survey of CD interest rates performed by Selectcdrates.com, the average rate on the top ten best CD rates covering maturities of three months through five years fell by less than one basis point.  The Selectcdrates.com CD rates
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