Average Deposit Account Interest Rates in Virginia Today

When looking around for a new bank account near you, you probably seek out the highest Virginia interest rate as a way to determine which account is best. While interest rates are highly important, the deposit account with the very highest rate near you isn’t the only good choice.

Local banking is about finding competitive offers for the region. Every state has different banks, accounts and rates, so understand what to expect for your particular location can help you identify which rates are actually good and which don’t make the cut. That’s why knowing the interest rate averages becomes very helpful.

Virginia Banking Rates has evaluated today’s deposit rates in Virginia to find you the average rates for each type. Reference these average interest rates when evaluating local offers–rates that beat the state average are sure to put you ahead of the game.

Average Deposit Account Rates in Virginia

Virginia Savings Account Rates

Highest Rate: 1% APY
Lowest Rate: 0.01% APY
Average Rate: 0.28% APY

Virginia CD Rates

6-Month CD

Highest Rate: 1.1% APY
Lowest Rate: 0.1% APY
Average Rate: 0.45% APY

12-Month CD

Highest Rate: 1.76% APY
Lowest Rate: 0.15% APY
Average Rate: 0.72% APY

24-Month CD

Highest Rate: 1.75% APY
Lowest Rate: 0.2% APY
Average Rate: 0.98% APY

Please note these rates are accurate as of September 21, 2011, but are subject to change at any time. Further, you may be subject to additional terms and requirements. Please check with individual financial institutions to verify rates before opening an account.