FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Grab a chair and let’s chat about Chesapeake Bank’s rates, shall we? We’ve got checking and savings accounts, CDs, and IRAs. Only thing is, you gotta bring a grand (meaning a minimum deposit $1,000 required) to the table to get started. And trust me, it’s worth every penny. Simple as that.
Certificates of Deposit (CD)
Rates as of 10/16/2024. Rates are subject to change without notice.
Rates as of 10/16/2024. Rates are subject to change without notice.
7 month special*
Term:
7 month special*
Description:
Certificate ($1,000 min.)
Interest Rate:
3.78%
Annual Percentage Yield:
3.85%
13 month special*
Term:
13 month special*
Description:
Certificate ($1,000 min.)
Interest Rate:
3.93%
Annual Percentage Yield:
4.00%
37 month
Term:
37 month
Description:
Certificate ($1,000 min.)
Interest Rate:
2.86%
Annual Percentage Yield:
2.90%
30 day
Term:
30 day
Description:
Certificate ($1,000 min.)
Interest Rate:
0.65%
Annual Percentage Yield:
0.65%
90 day
Term:
90 day
Description:
Certificate ($1,000 min.)
Interest Rate:
0.65%
Annual Percentage Yield:
0.65%
182 day
Term:
182 day
Description:
Certificate ($1,000 min.)
Interest Rate:
3.15%
Annual Percentage Yield:
3.20%
12 month
Term:
12 month
Description:
Certificate ($1,000 min.)
Interest Rate:
2.96%
Annual Percentage Yield:
3.00%
18 month
Term:
18 month
Description:
Certificate ($1,000 min.)
Interest Rate:
2.57%
Annual Percentage Yield:
2.60%
2 year
Term:
2 year
Description:
Certificate ($1,000 min.)
Interest Rate:
1.34%
Annual Percentage Yield:
1.35%
3 year
Term:
3 year
Description:
Certificate ($1,000 min.)
Interest Rate:
2.72%
Annual Percentage Yield:
2.75%
5 year
Term:
5 year
Description:
Certificate ($1,000 min.)
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 Accounts
Rates as of 10/16/2024. Rates are subject to change without notice.
Rates as of 10/16/2024. Rates are subject to change without notice.
Prosper – Tier 1 and 2
($5,000 – $9,999)
($10,000 – $24,999)
Interest Rate:
0.10%
Annual Percentage Yield:
0.10%
Prosper – Tier 3
($25,000 – $49,999)
Interest Rate:
0.10%
Annual Percentage Yield:
0.10%
Prosper – Tier 4
($50,000 & above)
Interest Rate:
0.15%
Annual Percentage Yield:
0.15%
Money Market
($5,000-$24,999)
Interest Rate:
0.05%
Annual Percentage Yield:
0.05%
Apply In Branch Only
Money Market
($25,000-$99,999)
Interest Rate:
0.75%
Annual Percentage Yield:
0.75%
Apply In Branch Only
Money Market
($100,000-$499,999)
Interest Rate:
0.85%
Annual Percentage Yield:
0.85%
Apply In Branch Only
Money Market
($500,000-$999,999)
Interest Rate:
0.95%
Annual Percentage Yield:
0.95%
Apply In Branch Only
Money Market
($1,000,000 & up)
Interest Rate:
1.00%
Annual Percentage Yield:
1.00%
Apply In Branch Only
* Interest may be less based on fees.
Savings Accounts
Rates as of 9/19/2024. Rates are subject to change without notice.
Rates as of 9/19/2024. Rates are subject to change without notice.
Clear Sky Savings - Tier 1
($0-$249,999)
Interest Rate:
0.10%
Annual Percentage Yield:
0.10%
Clear Sky Savings - Tier 2
($250,000 and up)
Interest Rate:
3.20%
Annual Percentage Yield:
3.25%
Totally Free Savings
Interest Rate:
0.10%
Annual Percentage Yield:
0.10%
Christmas Club
Interest Rate:
0.75%
Annual Percentage Yield:
0.75%
Apply In Branch Only
Individual Retirement Accounts (IRA)
Rates as of 10/16/2024. Rates are subject to change without notice.
Rates as of 10/16/2024. Rates are subject to change without notice.
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.
Got some thoughts brewing on rates?
Well, we’re all ears. Just jot down your details below and we’ll get back to ya faster than you can say “crab cake.”
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