Salem, Virginia CD Rates Today - Compare Best APYs for July 2026
Brian McKay
Brian McKay
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Current Salem, Virginia CD rates include Blue Eagle Credit UnionBlue Eagle Credit Union2809 W Main St, Salem, VA 24153 2059A+5.0 ★Texas Ratio: 0.28%Real return: +1.45%APY minus CPI (February 2026) offering Regular Certificate 3 Year at 4.25% APY, Member One Federal Credit UnionMember One Federal Credit Union1436 W Main St, Salem, VA 24153A+5.0 ★Texas Ratio: 4.86%Real return: +1.15%APY minus CPI (February 2026) offering 12 month IRA at 3.95% APY, Bank of BotetourtBank of Botetourt231 S College Ave, Salem, VA 24153A+5.0 ★Texas Ratio: 2.01%Real return: +0.90%APY minus CPI (February 2026) offering Certificate of Deposit 6 Month Special at 3.70% APY, InFirst Federal Credit UnionInFirst Federal Credit Union2 W Main St, Salem, VA 24153 3851A+5.0 ★Texas Ratio: 3.43%Real return: -0.02%APY minus CPI (February 2026) offering 2 Year - Certificate or IRA Certificate at 2.78% APY, and Wells FargoWells Fargo14 W Main St, Salem, VA 24153A5.0 ★Texas Ratio: 7.44%Real return: -1.29%APY minus CPI (February 2026) offering 1 year Standard Interest Rate at 1.51% APY. CD rates as of July 11, 2026 according to verified data from MonitorBankRates.
Salem has 113 local institutions in our database, with CD rates as high as 4.25% APY from Blue Eagle Credit Union at 2809 W Main St, Salem, VA 24153 2059. Use the tables below to compare all available CD terms and offers, including options from institutions serving the broader Virginia area. Rates are continually updated — we recommend checking back frequently.
The Annual Percentage Yields (APYs) displayed reflect actual verified offers from top-rated institutions. Rates are subject to change at the institution's discretion without notice and may depend on your initial funding amount. A substantial penalty may be imposed for early withdrawal, which could reduce earnings on the account. CD Rates Last Updated and Verified: July 11, 2026
Compare Best CD Rates in Salem, Virginia & the Surrounding Area
Salem 3 Month CD Rates
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 0.06%. Early withdrawal penalties may apply. Additional terms are available at a branch.
Visit or Call
Special Offer, Special Rate, Limited Time. APY: Annual Percentage Yield
Special Rate (APY)?:
Regular Accounts
$100,000 - $199,999
$99,999
All CD rates may change at any time without prior notice. After your CD is opened, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings.
Salem 6 Month CD Rates
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 0.06%. Early withdrawal penalties may apply. Additional terms are available at a branch.
Promotional Certificates - ***LIMITED TIME OFFER. Minimum to Open: $2,500. Beacon's promotional certificate rate is only valid on new money only. For 6 months promotional share certificates, the early withdrawal penalty is 90 days of dividend whether earned or not.
Regular Accounts
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New Money Only
Exclusively for Premier clients. Minimum deposit of $1,000 is required.
Online CDs Only available to existing Premier customers.
Fixed interest rate. Minimum deposit of $1,000 is required. Easy account opening and convenient management via online banking. You get peace of mind because your savings are covered by our $0 Liability Online, Guarantee. Annual Percentage Yields (APYs) are accurate as of 7/11/2026 and apply for the initial term only. A penalty may be imposed for early withdrawal. Account is not available to business customers. You may perform a one-time deposit or withdrawal of funds during your grace period without being assessed an early withdrawal penalty. The grace period will end on the day you provide an instruction to change the term or perform a transaction.
Platinum APY: 3.70%
Special Offer, Special Rate, Limited Time. APY: Annual Percentage Yield
Special Rate (APY)?:
Salem 12 Month CD Rates
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Compounding Frequency: Quarterly
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 1.51%
Relationship APY 1.51%. Early withdrawal penalties may apply. Additional terms are available at a branch.
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
New Money Only
Compounding Frequency: Monthly
Exclusively for Premier clients. Minimum deposit of $1,000 is required.
Special Rate (APY)?:
Compounding Frequency: Monthly
Regular Accounts
Online CDs Only available to existing Premier customers.
Fixed interest rate. Minimum deposit of $1,000 is required. Easy account opening and convenient management via online banking. You get peace of mind because your savings are covered by our $0 Liability Online, Guarantee. Annual Percentage Yields (APYs) are accurate as of 7/11/2026 and apply for the initial term only. A penalty may be imposed for early withdrawal. Account is not available to business customers. You may perform a one-time deposit or withdrawal of funds during your grace period without being assessed an early withdrawal penalty. The grace period will end on the day you provide an instruction to change the term or perform a transaction.
Compounding Frequency: Monthly
Salem 18 Month CD Rates
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Minimum balance to earn APY: $100,000, $40,000, $100
Limited time offer. New money only. Alero Financial membership required.
Platinum APY: 3.65%
Regular Accounts
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Variable; Compounding Frequency: Monthly
Salem 24 Month CD Rates
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Compounding Frequency: Quarterly
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Exclusively for Premier clients. Minimum deposit of $1,000 is required.
Fixed interest rate. Minimum deposit of $1,000 is required. Easy account opening and convenient management via online banking. You get peace of mind because your savings are covered by our $0 Liability Online, Guarantee. Annual Percentage Yields (APYs) are accurate as of 7/11/2026 and apply for the initial term only. A penalty may be imposed for early withdrawal. Account is not available to business customers. You may perform a one-time deposit or withdrawal of funds during your grace period without being assessed an early withdrawal penalty. The grace period will end on the day you provide an instruction to change the term or perform a transaction.
Online CDs Only available to existing Premier customers.
Jumbo APY: 3.80%, Jumbo Dividend Rate: 3.74%, Early Withdrawal Penalty: 180 Days' Dividends
Special Rate (APY)?: 4.00%
Platinum APY: 3.70%
Special Rate (APY)?: 4.00%
Salem 36 Month CD Rates
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Compounding Frequency: Quarterly
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Minimum balance to earn APY: $100,000, $40,000, $100
Jumbo APY: 3.80%, Jumbo Dividend Rate: 3.74%, Early Withdrawal Penalty: 180 Days' Dividends
Special Rate (APY)?: 4.00%
The dividend rate and annual percentage yield (APY) is fixed for the duration of the certificate, but may change at its maturity. You will incur a penalty for early withdrawal of a certificate. The annual percentage yields quoted are based on reinvesting of dividends until maturity. Withdrawals of interest prior to maturity will reduce the annual percentage yield. Fee imposed will also reduce the APY earned.
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Special Rate (APY)?: 4.00%
Salem 48 Month CD Rates
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Compounding Frequency: Quarterly
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Jumbo APY: 3.80%, Jumbo Dividend Rate: 3.74%, Early Withdrawal Penalty: 240 Days' Dividends
Platinum APY: 3.70%
Special Rate (APY)?: 4.00%
Regular Accounts
Compounding Frequency: Monthly
Minimum balance to earn APY: $100,000, $40,000, $100
Salem 60 Month CD Rates
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
On the above accounts, dividends are compounded and credited quarterly. Dividends are computed based on average daily balance. A penalty may be imposed for early withdrawal. Service charges may reduce earnings.
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Compounding Frequency: Quarterly
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Additional Deposits not allowed; Withdrawals allowed; Dividends compounded and credited monthly; Penalties may apply for early withdrawal; Refer to the Member Account Agreement for the Truth in Savings Disclosure related to these accounts.; Rates subject to change without notice. Minimum deposit required to earn dividends varies, please speak to a member representative for more information
Compounding Frequency: Monthly
Jumbo APY: 3.80%, Jumbo Dividend Rate: 3.74%, Early Withdrawal Penalty: 240 Days' Dividends
Jumbo APY: 3.80%, Jumbo Dividend Rate: 3.74%, Early Withdrawal Penalty: 240 Days' Dividends
Compounding Frequency: Monthly
Platinum APY: 3.75%
Special Rate (APY)?: 4.00%
Compounding Frequency: Monthly
Compounding Frequency: Quarterly
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Salem, VA CD Rate Trends
Compare local Salem, VA CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Virginia 12-month CD rates fell 0.210 points over the past 7 days to 2.288% APY.
Virginia 6-month CD rates fell 0.473 points over the past 7 days to 1.019% APY.
VA CD Rate Forecast — Next 12 Months
Where are Virginia CD rates headed through July 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
What Your Savings Earn at VA CD Rates Today
Annual interest earnings at today’s Virginia average APYs. State average used where available; national average as fallback.
| CD Term | VA Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 0.374% | $18.71 | $37.41 | $93.53 | $187.05 |
| 6-Month CD | 1.019% | $50.93 | $101.85 | $254.63 | $509.25 |
| 12-Month CD | 2.288% | $114.42 | $228.83 | $572.08 | $1,144.15 |
| 18-Month CD | 2.301% | $115.04 | $230.08 | $575.20 | $1,150.40 |
| 24-Month CD | 2.699% | $134.94 | $269.87 | $674.68 | $1,349.35 |
| 36-Month CD | 2.682% | $134.11 | $268.22 | $670.55 | $1,341.10 |
| 48-Month CD | 2.753% | $137.67 | $275.33 | $688.33 | $1,376.65 |
| 60-Month CD | 2.947% | $147.37 | $294.73 | $736.83 | $1,473.65 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of July 11, 2026. | |||||
Sample CD Ladder for Salem, Virginia Savers
$25,000 split equally across 5 terms using today’s Virginia average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | VA Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 0.374% | $18.71 |
| 2 | 6-Month CD | $5,000 | 1.019% | $50.93 |
| 3 | 12-Month CD | $5,000 | 2.288% | $114.42 |
| 4 | 24-Month CD | $5,000 | 2.699% | $134.94 |
| 5 | 36-Month CD | $5,000 | 2.682% | $134.11 |
| Total ($25,000 invested) | $25,000 | 1.812% blended | $453.11/yr | |
Ladder example uses equal $5,000 rungs and Virginia average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
Tracked in Salem, Virginia
About Our Salem, Virginia CD Rate Database
MonitorBankRates tracks 655 CD rates from 18 banks and 50 credit unions with locations in Salem, Virginia, plus national online institutions available to Virginia residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.
Current top rate: Blue Eagle Credit Union offers a CD at 4.25% APY with a minimum deposit of $500. Use the rate table above to compare all current offers in Salem, Virginia.
How to Find the Best CD Rates in Salem, Virginia
What to compare when shopping for a CD in Salem, Virginia
To find the best APYs in Salem, Virginia, start with credit unions and online-only banks — Salem, Virginia has 50 credit unions in our database, and they consistently offer some of the highest yields because they have lower overhead than traditional banks and compete aggressively for deposits.
Always compare the APY (Annual Percentage Yield), not just the interest rate. The APY reflects compounding and is the true measure of what you’ll earn.
Also compare the early withdrawal penalty. Common penalties range from 30 to 180 days of interest depending on the term. If you’re unsure whether you’ll need the funds early, a no-penalty CD or a high-yield savings account may be a better fit.
When a CD Makes Sense in Salem, Virginia
- You have a planned expense coming up and want your savings to earn while you wait
- You expect rates to fall and want to lock in today’s rate
- You want FDIC or NCUA protection with a guaranteed fixed return
- You prefer banking with an institution that has a local branch in Salem, Virginia — 68 institutions here report CD rates
Consider an Alternative If…
- You may need funds within 30 days → Salem, Virginia savings rates
- Rates are rising and you want to benefit → Variable-rate savings or MMA
- You want check-writing access → Salem, Virginia money market rates
Salem, Virginia Financial Snapshot
Local demographics and economic context for CD savers — Source: U.S. Census Bureau ACS 2024
19.6% of residents are 65 or older, in line with the national average of 17.3%; a low unemployment rate of 3.6% reflects a strong local economy. At today’s VA 12-month CD average of 2.288%, saving 10% of the local median salary ($3,674/year) and putting it in a CD would earn an additional $84 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
CD Rates vs. Other Savings Options in Salem, Virginia
What to compare when choosing between a CD and other deposit accounts
| Feature | CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked for term | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (months of interest) | None | None | Penalty (90–180 days interest) |
| FDIC / NCUA Insured | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) |
| Check / Debit Access | No | Usually no | Often yes | No |
| Best For | Known savings goal, CD ladder | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
How Certificates of Deposit Work in Salem, Virginia
A certificate of deposit (CD) is a deposit account that holds a fixed sum of money for a fixed term, commonly three months to five years, in exchange for a guaranteed interest rate. In return for leaving the money untouched until the term ends, a saver in Salem, Virginia typically earns a higher rate than a standard savings account pays. CDs from banks are insured by the FDIC and those from credit unions by the NCUA, in Salem, Virginia as everywhere in the U.S.
Choosing a CD Term in Salem, Virginia
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give Salem, Virginia savers easier access to their funds. For example, Blue Eagle Credit Union is offering its Regular Certificate 6 month at 4.25% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, Blue Eagle Credit Union is offering its Regular Certificate 5 Year at 4.25% APY. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term, so it helps to match the term to when the money will actually be needed.
CD Risk and Safety for Salem, Virginia Savers
CDs are among the lowest-risk savings products available because the rate is fixed for the full term and the balance is federally insured up to $250,000 per depositor, per institution, per ownership category. For a Salem, Virginia saver, the main trade-off is liquidity: withdrawing funds before maturity usually triggers an early-withdrawal penalty, often 30 to 180 days of interest depending on the term.
How CD Interest Is Paid in Salem, Virginia
Interest on a CD is calculated using the annual percentage yield (APY), which reflects the effect of compounding over a year. Depending on the institution, interest may be credited monthly, quarterly, or at maturity, and can be paid out to a linked account or added back to the CD to compound. When comparing the Salem, Virginia CDs listed above, a saver gets the truest picture of total earnings by looking at APY rather than the nominal rate.
Fixed vs. Variable CD Rates in Salem, Virginia
Most CDs carry a fixed rate that is locked for the entire term, protecting a Salem, Virginia depositor if market rates fall after the account is opened. Some institutions offer variable-rate or bump-up CDs whose rate can change during the term; these may start lower but allow the rate to rise if conditions improve. Which is better depends on the direction a saver expects rates to move.
Frequently Asked Questions about CD Rates in Salem, Virginia
Are CD rates in Salem, Virginia FDIC insured?
Do I have to pay state taxes on CD interest in Salem, Virginia?
Can I withdraw my money early from a CD?
What is the difference between a Jumbo CD and a regular CD?
Are fixed-rate CDs better than variable-rate CDs?
What is a CD ladder?
Best CD rates in Salem, Virginia?
- Blue Eagle Credit Union: 4.25% APY (Regular Certificate 3 Year)
- Member One Federal Credit Union: 3.95% APY (12 month IRA)
- Bank of Botetourt: 3.70% APY (Certificate of Deposit 6 Month Special)
- InFirst Federal Credit Union: 2.78% APY (2 Year - Certificate or IRA Certificate)
- Wells Fargo: 1.51% APY (1 year Standard Interest Rate)
- KEMBA ROANOKE: 1.10% APY (IRA Certificates 5 Year)
- PAHO WHO Federal Credit Union: 4.59% APY (IRA Certificate 36 Months)
- Apple Federal Credit Union: 4.50% APY (12 Month Starter Certificate)
- Merck Employees Federal Credit Union: 4.25% APY (New Money Regular or IRA 12 month Certificate)
- Beacon Credit Union Incorporated: 4.25% APY (Limited Time Special - 6 Months)
CD Calculators for Salem, Virginia
At today’s VA top rate of 4.25% APY, a $10,000 deposit earns $425 in the first year. Enter your amount to see your exact return.
Salem, Virginia CD LadderVA CD rates currently range from 0.374% (3-month) to 2.682% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Salem, Virginia CD at 4.25% APY, know your exit cost. Most institutions charge 90–180 days of interest — calculate your real net return if you need early access.
CD vs. High-Yield SavingsVirginia’s average 12-month CD is 2.288% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Salem, Virginia CD rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for Salem, Virginia directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions' own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Salem, Virginia. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions available to savers in VA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly, every CD product listed features its own specific “last updated” date for full transparency.
