Below Chesapeake Bank IRA rates are current as of June 26, 2009 and are subject to change without notice. Only $100 minimum balance is required to open. There is also a substantial penalty for early withdrawal.
- 1 year Fixed IRA rate – 2.50%APY
- 3 year Fixed IRA rate – 2.59%APY
- 1 year Fixed Roth IRA rate – 2.50%APY
- 3 year Fixed Roth IRA rate – 2.59%APY
Chesapeake Bank, a bank insured with FDIC, has 11 locations in Virginia. It is rated sound (4 star rating) by the Safe & Sound rating system of Bankrate.com.