Chesapeake Bank was founded in 1900.  The bank provides innovative, personal service to individuals and businesses in Virginia, serving a market in the eastern region of the State between the Potomac and James Rivers.  The Bank is a Virginia State-Chartered Bank and also is a Federal Reserve and FDIC member bank.

Chesapeake Bank operates eleven bank branches in the Northern Neck and Middle Peninsula: Kilmarnock, Lively and Irvington on the Northern Neck; Mathews, Hayes and Gloucester on the Middle Peninsula; and four branches in Williamsburg.

For those consumers looking for either short savings or long term savings options including  CD rates Virginia , Chesapeake Bank has a variety of investment alternatives that may be right for you.  The bank certificates of deposit require an opening balance of $1000.  Bank CD terms ranging from 30 days up to 5 years are available. 

Current Virginia CD rates and terms available from Chesapeake Bank include the following:

30 day CD rate .55%
90 day CD rate 1.15%
182 day CD rate 1.30%
1 year CD rate 1.55%
13 month CD rate 1.70%
18 month CD rate 1.65%
19 month CD rate 2.00%
2 year CD rate 1.75%
3 year CD rate 1.85%
5 year CD rate 2.85%

Bank CD rates subject to change without notice.  For timely bank rate and CD rate information contact the bank directly at 804-435-1181.  Current CD rates and other bank rates are available on the bank website located at www.chesbank.com.

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