Competitive Rates in a Competitive World
Compare rates from Chesapeake Bank on checking and savings accounts, certificate of deposits (CDs), and individual retirement accounts (IRAs). Minimum deposit $1,000 required.
Compare Certificate of Deposit (CD) rates
Rates as of 10/16/2024. Rates are subject to change without notice.
| Term | Description | Interest Rate | Annual Percentage Yield |
| 7 month special* | Certificate ($1,000 min.) | 3.78% | 3.85% |
| 13 month special* | Certificate ($1,000 min.) | 3.93% | 4.00% |
| 37 month | Certificate ($1,000 min.) | 2.86% | 2.90% |
| 30 day | Certificate ($1,000 min.) | 0.65% | 0.65% |
| 90 day | Certificate ($1,000 min.) | 0.65% | 0.65% |
| 182 day | Certificate ($1,000 min.) | 3.15% | 3.20% |
| 12 month | Certificate ($1,000 min.) | 2.96% | 3.00% |
| 18 month | Certificate ($1,000 min.) | 2.57% | 2.60% |
| 2 year | Certificate ($1,000 min.) | 1.34% | 1.35% |
| 3 year | Certificate ($1,000 min.) | 2.72% | 2.75% |
| 5 year | Certificate ($1,000 min.) | 1.29% | 1.30% |
7 month special* Certificate
Interest Rate
3.78%
Annual Percentage Yield
3.85%
13 month special* Certificate
Interest Rate
3.93%
Annual Percentage Yield
4.00%
37 month Certificate
Interest Rate
2.86%
Annual Percentage Yield
2.90%
30 day Certificate
Interest Rate
0.65%
Annual Percentage Yield
0.65%
90 day Certificate
Interest Rate
0.65%
Annual Percentage Yield
0.65%
182 day Certificate
Interest Rate
3.15%
Annual Percentage Yield
3.20%
12 month Certificate
Interest Rate
2.96%
Annual Percentage Yield
3.00%
18 month Certificate
Interest Rate
2.57%
Annual Percentage Yield
2.60%
2 year Certificate
Interest Rate
1.34%
Annual Percentage Yield
1.35%
3 year Certificate
Interest Rate
2.72%
Annual Percentage Yield
2.75%
5 year Certificate
Interest Rate
1.29%
Annual Percentage Yield
1.30%
CD Terms:
- There may be a penalty for early withdrawal
- No additional deposits until maturity
- Account will automatically renew within 10 calendar days of maturity
- Each automatic renewal term will be set to the current market value.
Interest-Bearing Checking Rates
Rates as of 10/16/2024. Rates are subject to change without notice.
| Description | Interest Rate | Annual Percentage Yield | Apply Online |
Prosper – Tier 1 and 2 ($5,000 – $9,999) | 0.10% | 0.10% | Apply Now |
Prosper – Tier 3 ($25,000 – $49,999) | 0.10% | 0.10% | Apply Now |
Prosper – Tier 4 ($50,000 & above) | 0.15% | 0.15% | Apply Now |
Money Market ($5,000-$24,999) | 0.05% | 0.05% | In Branch Only |
Money Market ($25,000-$99,999) | 0.75% | 0.75% | In Branch Only |
Money Market ($100,000-$499,999) | 0.85% | 0.85% | In Branch Only |
Money Market ($500,000-$999,999) | 0.95% | 0.95% | In Branch Only |
Money Market ($1,000,000 & up) | 1.00% | 1.00% | In Branch Only |
Prosper – Tier 1 and 2
($5,000 – $9,999)
($10,000 – $24,999)
Interest Rate
0.10%
Annual Percentage Yield
0.10%
Apply NowMoney Market
($5,000-$24,999)
Interest Rate
0.05%
Annual Percentage Yield
0.05%
Money Market
($25,000-$99,999)
Interest Rate
0.75%
Annual Percentage Yield
0.75%
Money Market
($100,000-$499,999)
Interest Rate
0.85%
Annual Percentage Yield
0.85%
Money Market
($500,000-$999,999)
Interest Rate
0.95%
Annual Percentage Yield
0.95%
Money Market
($1,000,000 & up)
Interest Rate
1.00%
Annual Percentage Yield
1.00%
* Interest may be less based on fees.
Savings Account Rates
Rates as of 09/19/2024. Rates are subject to change without notice.
| Description | Interest Rate | Annual Percentage Yield | Apply Online |
| Clear Sky Savings - Tier 1 ($0-$249,999) | 0.10% | 0.10% | Apply Now |
| Clear Sky Savings - Tier 2 ($250,000 and up) | 3.20% | 3.25% | Apply Now |
| Totally Free Savings | 0.10% | 0.10% | Apply Now |
| Christmas Club | 0.75% | 0.75% | In Branch Only |
Christmas Club
Interest Rate
0.75%
Annual Percentage Yield
0.75%
Compare Individual Retirement Account (IRA) rates
Rates as of 10/16/2024. Rates are subject to change without notice.
| Description | Interest Rate | Annual Percentage Yield |
IRA 1-year Fixed Rate ($100 min.) | 2.58% | 2.61% |
IRA 3-year Fixed Rate ($100 min.) | 2.72% | 2.75% |
Roth IRA 1-year Fixed Rate ($100 min.) | 2.58% | 2.61% |
Roth IRA 3-year Fixed Rate ($100 min.) | 2.72% | 2.75% |
IRA 1-year Fixed Rate ($100 min.)
Interest Rate
2.58%
Annual Percentage Yield
2.61%
IRA 3-year Fixed Rate ($100 min.)
Interest Rate
2.72%
Annual Percentage Yield
2.75%
Roth IRA 1-year Fixed Rate ($100 min.)
Interest Rate
2.58%
Annual Percentage Yield
2.61%
Roth IRA 3-year Fixed Rate ($100 min.)
Interest Rate
2.72%
Annual Percentage Yield
2.75%
IRA Terms:
- There may be a penalty for early withdrawal
- Account will automatically renew within 10 calendar days of maturity
- Each automatic renewal term will be set to the current market value.
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