Bank · FDIC insured
Chesapeake Bank Savings Rates
Top CarrotChesapeake Bank’s best savings rate is 2.31% APY on $10,000, with its Clear Sky Savings. Rates checked October 22, 2026.
How Chesapeake Bank’s savings rates compare
Compared with banks and credit unions near Virginia Beach, VA-NC, where Chesapeake Bank has the most branches. $10,000, best rate first.
This bank’s best
Chesapeake Bank
2.31%APY
- Minimum
- $1
- Earns on $10,000 a year
- $231
Clear Sky Savings
Top rate
Primis Bank
3.85%APY
- Minimum
- $1
- Earns on $10,000 a year
- $385
2nd-highest rate
Langley Credit Union
3.75%APY
- Minimum
- $0
- Earns on $10,000 a year
- $375
Chesapeake Bank savings score
89
Savings score
Higher than 90% of U.S. banks and credit unions
- $1,000 balance$1,0002.31%
- $10,000 balance$10,0002.31%
- $100,000 balance$100,0002.65%
- QualifiedQualified2.31%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Chesapeake Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Clear Sky Savings
2.31%APY
Available for personal consumer accounts only. Tiered rates paid on entire balance. Minimum daily balance of $1.00 required to earn disclosed APY.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $99,999Tier 1 balance tier. Tiered rate paid on entire balance. | 2.31% | $231 | Tier 1 balance tier. Tiered rate paid on entire balance. |
| $100,000 – $249,999Tier 2 balance tier. Tiered rate paid on entire balance. | 2.65% | — | Tier 2 balance tier. Tiered rate paid on entire balance. |
| $250,000 and upTier 3 balance tier. Tiered rate paid on entire balance. | 3.10% | — | Tier 3 balance tier. Tiered rate paid on entire balance. |
Sources (4)
All captured Oct 15, 2026
Consumer Money Market
0.05%APY
Must apply in branch only. Tiered rates, rate paid on entire balance.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5,000 – $24,999Tier 1. Rate paid on entire balance. Must apply in branch only. | 0.05% | $5 | Tier 1. Rate paid on entire balance. Must apply in branch only. |
| $25,000 – $99,999Tier 2. Rate paid on entire balance. Must apply in branch only. | 0.60% | — | Tier 2. Rate paid on entire balance. Must apply in branch only. |
| $100,000 – $499,999Tier 3. Rate paid on entire balance. Must apply in branch only. | 0.70% | — | Tier 3. Rate paid on entire balance. Must apply in branch only. |
| $500,000 – $999,999Tier 4. Rate paid on entire balance. Must apply in branch only. | 0.80% | — | Tier 4. Rate paid on entire balance. Must apply in branch only. |
| $1,000,000 and upTier 5. Rate paid on entire balance. Must apply in branch only. | 0.85% | — | Tier 5. Rate paid on entire balance. Must apply in branch only. |
Totally Free Savings
0.10%APY
Monthly statement provided. Minimum balance to earn interest is $100.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upRequires $100 minimum balance to earn interest.$100 and up | 0.10% | $10 | Requires $100 minimum balance to earn interest. |
Sources (3)
All captured Oct 15, 2026
Special-purpose accounts
Christmas Club
0.50%APY
Withdrawals are not permitted before maturity date at holidays. Deposits must be made by automatic debit from checking account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and upMinimum balance to earn interest is $1.00. Automatic debit from checking required. No withdrawals allowed before maturity.$1 and up | 0.50% | $50 | Minimum balance to earn interest is $1.00. Automatic debit from checking required. No withdrawals allowed before maturity. |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.