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
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.35% 3 Month $25,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.21% 3 Month $1,000.00
Transportation Alliance Bank
www.tabbank.com
800-837-4214
0.95% 3 Month $1,000.00
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.50% 6 Month $25,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.37% 6 Month $1,000.00
Nationwide Bank CD Rates
www.nationwide.com
877-422-6569
1.20% 6 Month $500.00
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.55% 9 Month $25,000.00
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
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.70% 1 Year $25,000.00
BankDirect CD Rates
www.bankdirect.com
877-839-2737
1.60% 1 Year $10,000.00
Popular Direct
www.populardirect.com
800-274-5696
1.55% 1 Year $10,000.00
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.85% 2 Year $25,000.00
TIAA Direct CD Rates
www.tiaadirect.com
855-842-2372
1.81% 2 Year $1,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.81% 2 Year $1,000.00
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
TIAA Direct CD Rates
www.tiaadirect.com
855-842-2372
2.30% 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.

CD interest rates declined just marginally for the week ending June 3, 2011. The Selectcdrates.com composite index which covers the highest three month CD rates, six month CD rates, one year CD rates, two year CD rates and five year CD rates descended by just .002 percent on the week. The index now
In the most recent survey of bank CD rates conducted by Selectcdrates.com, CD rates slumped slightly compounding last week’s similar dip.  The average yield on the Selectcdrates.com CD rate index moved down to 1.081 percent from an average rate of 1.087 percent found in the previous rate survey.  The Selectcdrates.com index covers the top ten
CD interest rates worsened considerably over the past week while most bank rates and Treasury rates remained relatively stable.  Greater stability in CD rates may have been expected this week as well since the stock market appears to be shrugging off concerns over European debt issues and dismal U.S economic growth.  The strengthening stock market is