Compare Bank & Credit Union Rates
Best savings rates in Lynchburg, VA
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Lynchburg, VA
- 4.00%APY$400 a year on $10,000intro rate
Requirements
Product: Available only on new accounts for members who have not had an open consumer or business money market account within the past 90 days. Must be funded with new money not already on deposit with Beacon. Requires a $5 membership share to qualify for Beacon products.
Offer: Promotional rate guaranteed for six months from account opening date with a deposit of $5,000 or greater in new money. After six months, dividends revert to standard tiered rates.
Promotional rate
Rate checked
More details - 3.25%APY$325 a year on $10,000intro rate
Requirements
Product: For consumer accounts only. Promotional rate guaranteed for 6 months after meeting qualifying requirements, after which dividends return to prevailing APYs. Minimum opening amount of $5,000 must come from sources other than Freedom First Credit Union. If Average Daily Balance falls below $5,000, Dividend Rate and APY become 0.01%. $5 membership deposit required.
Offer: Guaranteed for 6 months after meeting qualifying requirements. New money required: $5,000 from sources other than Freedom First Credit Union. If Average Daily Balance falls below $5,000, Dividend Rate and APY become 0.01%. Consumer accounts only.
Promotional rate · Balance cap $1,000,000 · Effective Sep 17, 2026
Rate checked
More details - Central Virginia Federal Credit UnionKasasa SaverSavings · $0 min · 1.25%–2.00% by balance
Credit union · 1 branch
2.00%APY$200 a year on $10,000with conditionsRequirements
Product: Requires linked Kasasa Cash or Kasasa Cash Back checking account. Qualification requirements met in checking account: post at least 1 direct deposit or ACH payment transaction, make at least 15 debit card purchases, and enroll in e-statements during Monthly Qualification Cycle. No monthly maintenance fee. Limit 1 account per SSN/ITIN.
Offer: Qualifying rate when Kasasa checking qualifications are met during Monthly Qualification Cycle (at least 1 direct deposit/ACH, at least 15 debit card purchases, and enroll in e-statements). No minimum deposit to open and no minimum balance to earn rewards. No monthly maintenance fee.
Qualified rate · No monthly fee · Effective Dec 12, 2023
Rate by balance
Rate by balance for Kasasa Saver Balance APY Up to $100,000Your amount 2.00% Over $100,000 1.25% Rate checked
More details - 1.75%APY$175 a year on $10,000
Requirements
Product: Fees may reduce earnings. Rate may change after account opening. Offers and products are subject to updates, modifications, and/or termination at any time after account opening.
Offer: Fees may reduce earnings. Rate may change after account opening. Promotional offers, products and services are subject to updates, modifications and/or termination at any time after account opening.
Rate checked
More details - Virginia Credit UnionPremium Money MarketPremium Money Market · $10,000 min · 0.05%–1.25% by balance
Credit union · 2 branches
1.25%APY$125 a year on $10,000Requirements
Product: Earn returns while keeping access to savings. Choose between Premium (minimum balance of $10,000) and Premium Plus (minimum balance of $25,000). 2 free withdrawals every month, $3 for each additional. Checking transfers, automatic overdraft protection for checking, direct deposit or payroll deduction. Dividends accrue daily and are paid monthly. Fees may reduce earnings. APYs may change after account is opened.
Offer: Compounding frequency: Monthly. Dividends accrue daily and are paid monthly. APYs may change after account is opened. Fees may reduce earnings.
0.05% interest rate
Rate by balance
Rate by balance for Premium Money Market Balance APY $100 and up 0.05% $10,000 and upYour amount 1.25% Rate checked
More details - 1.24%APY$124 a year on $10,000
Requirements
Product: Earn top interest tied directly to Fed Funds averages. For balances over $1,000, interest rate is based on Fed Funds Average minus margin of 2.65%, min rate 0.05%. Rate may change monthly on the 7th business day. Maintain a daily balance of $1,000 to earn interest and avoid $15 Monthly Maintenance Fee. Up to 6 withdrawals/transfers per statement cycle at no cost, $15 excessive withdrawal fee thereafter.
Offer: Rate based on Fed Funds Average minus margin of 2.65%, minimum 0.05%. Maintain daily balance of $1,000 to earn interest and avoid $15 monthly maintenance fee.
1.23% interest rate · $15 monthly fee · Effective Oct 9, 2026
Rate checked
More details - 1.05%APY$105 a year on $10,000with conditions
Requirements
Product: Requires linking to a Kasasa Cash or Kasasa Cash Back checking account. Limit of one Kasasa Saver account per Social Security Number.
Offer: When linked Kasasa Cash or Kasasa Cash Back account qualifications are met during Monthly Qualification Cycle (at least 12 debit card purchases, enrolled in eStatements, and enrolled/logged into online banking).
Qualified rate · No monthly fee · Effective Sep 14, 2021
Rate by balance
Rate by balance for Free Kasasa Saver Balance APY Up to $250,000Your amount 1.05% $250,000 and upWhen linked Kasasa Cash or Kasasa Cash Back qualifications are met; 0.48%* Rate checked
More details - First National BankMoney Market AccountMoney Market Account · $2,500 min · 1.01%–1.76% by balance
Bank · 3 branches
1.01%APY$101 a year on $10,000Requirements
Product: Maintain a daily balance of $500 to earn interest and avoid $15 Monthly Maintenance Fee. Up to 6 withdrawals or transfers per statement cycle at no cost; $15 Excessive Withdrawal Fee for each additional transfer or withdrawal.
Offer: Maintain a daily balance of $500 to earn interest and avoid $15 Monthly Maintenance Fee.
1.00% interest rate · $15 monthly fee · Effective Oct 9, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $500 – $50,000Your amount 1.01% $50,000 – $100,000 1.26% $100,000 – $500,000 1.51% $500,000 and up 1.76% Rate checked
More details - Woodforest National BankEmerald Elite AccountEmerald Elite Account · $25 min · 1.00%–3.00% by balance
Bank · 1 branch
1.00%APY$100 a year on $10,000Requirements
Product: Tiered money market account. $25.00 monthly minimum balance fee waived if a balance of $10,000.00 or above is maintained each day in the statement period. Up to 6 withdrawals per statement period at no charge ($25.00 fee per excessive withdrawal over 6). Includes custom wallet checks, cashier's checks, money orders, and notary services.
Offer: Emerald Elite 1st Tier. Variable interest rate calculated using daily balance method. $25.00 monthly minimum balance fee waived if a balance of $10,000.00 or above is maintained each day in the statement period.
$25 monthly fee · Effective Sep 14, 2026
Rate by balance
Rate by balance for Emerald Elite Account Balance APY Over $0Your amount 1.00% $100,000 and upEmerald Elite 2nd Tier. 1.50% $250,000 and upEmerald Elite 3rd Tier. 2.00% $500,000 and upEmerald Elite 4th Tier. 3.00% Rate checked
More details - 0.80%APY$80 a year on $10,000
No monthly fee
Rate checked
More details - Blue Eagle Credit UnionMoney Market SavingsMoney Market Savings · $0 min · 0.50%–1.50% by balance
Credit union · 1 branch
0.75%APY$75 a year on $10,000Requirements
Product: Membership eligibility and credit qualification requirements may apply. Service charges may reduce earnings. Dividend calculated and paid monthly; credited back to Money Market Savings account. Tier based on monthly average daily balance. Average daily balance of $100.00 required to earn dividends. No withdrawal limits.
Offer: Average daily balance of $100.00 required to earn dividends.
0.50% interest rate · Effective Jun 1, 2026
Rate by balance
Rate by balance for Money Market Savings Balance APY Up to $10,000 0.50% $10,000 – $25,000Your amount 0.75% $25,000 – $50,000 1.00% $50,000 – $100,000 1.25% $100,000 and up 1.50% Rate checked
More details - 0.75%APY$75 a year on $10,000
No monthly fee
Rate checked
More details - Beacon Credit UnionHorizon Money MarketHorizon Money Market · $100 min · 0.05%–0.80% by balance
Credit union · 2 branches
0.65%APY$65 a year on $10,000Requirements
Product: Tiered blended rate product where members earn stated rates from minimum balance points in each tier. Includes up to 6 transactions per month and free check withdrawals. Requires a $5 membership share to qualify for Beacon products.
Offer: Tier 1 rate. Dividends compounded monthly.
0.05% interest rate · Compounded monthly · No monthly fee
Rate by balance
Rate by balance for Horizon Money Market Balance APY Up to $2,000 0.05% $2,000 – $5,000Tier 2 rate. APY ranges from 0.05% to 0.11% as a blended rate product. 0.15%* $5,000 – $10,000Tier 3 rate. APY ranges from 0.11% to 0.18% as a blended rate product. 0.25%* $10,000 – $50,000Your amountTier 4 rate. APY ranges from 0.18% to 0.56% as a blended rate product. 0.65%* $50,000 and upTier 5 rate. APY ranges from 0.56% to 0.79% as a blended rate product. 0.80%* Rate checked
More details - 0.50%APY$50 a year on $10,000
Requirements
Product: Tiered rates compound monthly. Some rates are not available in Puerto Rico.
Offer: Balances below $2,500. Some rates are not available in Puerto Rico.
0.30% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $2,500 0.30% $2,500 – $24,999Your amount 0.50% $25,000 – $49,999 0.85% $50,000 – $99,999 1.00% $100,000 and up 1.25% Rate checked
More details - Beacon Credit UnionTiered SavingsSavings · $25 min · 0.10%–0.80% by balance
Credit union · 2 branches
0.50%APY$50 a year on $10,000Requirements
Product: $5 membership share required to qualify for Beacon products. Dividends compounded monthly.
Offer: Tier 1. Dividends compounded monthly.
0.10% interest rate · Compounded monthly
Rate by balance
Rate by balance for Tiered Savings Balance APY Up to $5,000 0.10% $5,000 – $10,000Tier 2. Published APY range 0.10%–0.18%. 0.25%* $10,000 – $50,000Your amountTier 3. Published APY range 0.18%–0.44%. 0.50%* $50,000 – $100,000Tier 4. Published APY range 0.44%–0.54%. 0.65%* $100,000 and upTier 5. Published APY range 0.54%–0.78%. 0.80%* Rate checked
More details
Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
What savings accounts pay in Lynchburg, VA
51 accounts at 18 banks and credit unions · checked Oct 22
- Typical
- 0.10%
- Top 10% from
- 1.24%
- Banks, typical
- 0.10%
- Credit unions, typical
- 0.10%
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Lynchburg, VA metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Beacon Credit UnionCredit union · 5 branches
- Blue Eagle Credit UnionCredit union · 1 branch
- Virginia Credit UnionCredit union · 2 branches