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Home Checking Accounts Virginia Checking iAdvertiser Disclosure
Advertiser Disclosure Some of the institutions listed may have a business relationship with MonitorBankRates. However, our proprietary systems independently track and verify all rates and data displayed. Advertiser relationships do not influence our Health Safety Rating, Star Ratings or Texas Ratio calculation, or the rates shown.

Virginia Best Checking Accounts & Rates August 2026

The best checking rates for Virginia include Baxter Credit UnionBaxter Credit Union1345 Perimeter Pkwy, Virginia Beach, VA 23454 5882A5.0 ★Texas Ratio: 7.04% PowerPlusTM Checking at 8.00% APY, Beacon Credit Union IncorporatedBeacon Credit Union Incorporated6320 Logans Ln, Lynchburg, VA 24502A+5.0 ★Texas Ratio: 1.82% Choice Plus Checking at 7.07% APY, DuPont Community Credit UnionDuPont Community Credit Union140 Lucy Ln, Waynesboro, VA 22980A+5.0 ★Texas Ratio: 1.70% Grow Checking at 5.54% APY, Commonwealth One Federal Credit UnionCommonwealth One Federal Credit Union4875 Eisenhower Ave, Alexandria, VA 22304 4886A-5.0 ★Texas Ratio: 12.83% Kasasa Cash Checking at 5.50% APY, and Andrews Federal Credit UnionAndrews Federal Credit Union7025A Manchester Blvd, Alexandria, VA 22310A5.0 ★Texas Ratio: 11.23% Kasasa Cash� Checking at 5.25% APY. Checking account rates as of August 28, 2026 according to verified data from MonitorBankRates.

Use the tabs below to compare checking account rates across Virginia side-by-side. Virginia checking rates currently reach as high as 8.00% APY from Baxter Credit Union at 1345 Perimeter Pkwy, Virginia Beach, VA, 23454 5882. Rates are continually updated — we recommend checking back frequently.

Checking account rates reflect recent market quotes and representative offers available to depositors in Virginia. Checking Account Rates Last Updated and Verified: August 28, 2026

Compare Checking Account Rates Today in Virginia

Institutions:

Virginia Checking Account Rates

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
1345 Perimeter Pkwy
Virginia Beach, VA 23454 5882
PowerPlusTM Checking
8.00%
$0
Rate7.72%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Qualifying balance up to $15,000.00; Introductory APY; Introductory Dividend Rate

Beacon Credit Union Incorporated
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
6320 Logans Ln
Lynchburg, VA 24502
Choice Plus Checking
7.07%
$25
Rate6.85%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: See requirements; Additional qualification must be met to earn Tier 2 dividend. Dividends Compounded: Monthly

DuPont Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.70%
140 Lucy Ln
Waynesboro, VA 22980
Grow Checking
5.54%
$0
Rate5.40%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 15 debit card transactions per month; More than $250 in debit card purchases per month; eStatements enrollment; Nationwide ATM Refunds: 10 refunds, up to $5 per refund

Commonwealth One Federal Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 12.83%
4875 Eisenhower Ave
Alexandria, VA 22304 4886
Kasasa Cash Checking
5.50%
$0
Rate5.37%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Andrews Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.23%
7025A Manchester Blvd
Alexandria, VA 22310
Kasasa Cash� Checking
5.25%
$0
Rate5.13%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Pen Air Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
7635 Plantation Rd
Roanoke, VA 24019
High-Yield Checking
5.05%
$0
Rate5.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required; The qualification cycle is defined as a period beginning on the last day of the previous calendar month in which dividends are paid and ending on the 40th calendar day prior. For daily balances $10,000.00 or less and you meet the minimum qualification requirements for each qualification cycle, an APY up to 5.05% will apply. If your average daily balance is $10,000.01 or more, a blended rate may show on your periodic statement to reflect the dividends earned on the first $10,000.00 of the balance and no dividends earned on the remainder of the balance. Ex: An Average Daily Balance of $15,000 will show an APY of 3.37%. If you fail to meet any of the minimum qualification requirements during the qualification cycle, 0% APY will apply to the entire balance in the account.

Beacon Credit Union Incorporated
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
6320 Logans Ln
Lynchburg, VA 24502
Choice Plus Checking
5.05%
$25
Rate4.94%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: See requirements; Additional qualification must be met to earn Tier 1 dividend. Dividends Compounded: Monthly

Department of Commerce FCU
Institution Rating:
A+5.0 ★ Texas Ratio: 12.49%
5309 Commonwealth Centre Pkwy Ste 407
Midlothian, VA 23112
Advantage Rewards Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: At least 12 debit card purchases; At least 1 direct deposit or ACH Credit transaction of $500 or more; Be enrolled in and agree to receive e-statements within Online Banking; Qualifying balance up to $25,000.00; Dividends do not compound when linked to Advantage Savings.

Newport News Shipbuilding Employees Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.17%
3711 Huntington Ave
Newport News, VA 23607
High Yield Checking
5.00%
$25
Rate4.89%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Central Virginia Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.87%
1638 Mount Athos Rd
Lynchburg, VA 24504 5429
Kasasa Cash Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 1 direct deposit or ACH payment transaction; 15 debit card purchases; eStatements enrollment; Earn 5.00% to 1.40% APY on balances over $25,000, depending on your balance; Earn 0.05% APY on all balances if qualifications aren't met; Receive refunds on ATM withdrawal fees, nationwide (up to $25 monthly); Link this account to Kasasa Saver� and build your savings with automatic transfers

Freedom First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.75%
5240 Valleypark Dr
Roanoke, VA 24019 3002
Freedom Stash� Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Minimum Direct Deposit: $5,000; Max ADB: $10,000

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Checking
4.50%
$100
Rate4.41%
Min Deposit$100
Min Balance
UpdatedAug 28, 2026
Details

Qualifying balance up to $15,000.99

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Golden Advantage Checking
4.50%
$100
Rate4.41%
Min Deposit$100
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $15,000.99

Beacon Credit Union Incorporated
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
6320 Logans Ln
Lynchburg, VA 24502
Business Interest Plus Checking Business
4.04%
$0
Rate3.97%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Additional qualification must be met to earn Tier 2 dividend.

Benchmark Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.83%
100 S Broad St
Kenbridge, VA 23944
$uccess Checking
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
1345 Perimeter Pkwy
Virginia Beach, VA 23454 5882
PowerPlusTM Checking
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Qualifying balance up to $15,000.00; Introductory APY; Introductory Dividend Rate

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
1345 Perimeter Pkwy
Virginia Beach, VA 23454 5882
PowerPlusTM Checking Level 2
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Introductory APY 8.00% Introductory Dividend Rate 7.72%

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
1345 Perimeter Pkwy
Virginia Beach, VA 23454 5882
PowerPlusTM Checking Level 2 on
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

balances up to $15,000; Introductory APY: 8.00%; Introductory Dividend Rate: 7.72%

Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.30%
243 Mclaws Cir Ste 100
Williamsburg, VA 23185 5673
High Interest Checking
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 15 debit card purchases that post and settle your account; One ACH credit or direct deposit post to your account; Be enrolled in eStatements; Withdrawals and fees may reduce earnings on the account. Interest is compounded and credited monthly based on the average daily balance (ADB) method. APY is accurate as of 02/03/2026. Rates subject to change without notice. A monthly $5.00 fee applies if ADB falls below $1,000. Balances $0 to $25,000 earn 4.00% APY; balances $25,000.01 and above earn standard APY (0.20%). Membership eligibility required. Other rates and terms available.

Justice Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.56%
5175 Parkstone Dr Ste 200
Chantilly, VA 20151 3816
Checking
4.00%
$0
Rate3.94%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Checking and direct deposit requirements met; Qualifying balance up to $25,000.00

Virginia High Yield Checking Rates

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
1345 Perimeter Pkwy
Virginia Beach, VA 23454 5882
PowerPlusTM Checking
8.00%
$0
Rate7.72%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Qualifying balance up to $15,000.00; Introductory APY; Introductory Dividend Rate

Beacon Credit Union Incorporated
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
6320 Logans Ln
Lynchburg, VA 24502
Choice Plus Checking
7.07%
$25
Rate6.85%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: See requirements; Additional qualification must be met to earn Tier 2 dividend. Dividends Compounded: Monthly

DuPont Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.70%
140 Lucy Ln
Waynesboro, VA 22980
Grow Checking
5.54%
$0
Rate5.40%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 15 debit card transactions per month; More than $250 in debit card purchases per month; eStatements enrollment; Nationwide ATM Refunds: 10 refunds, up to $5 per refund

Commonwealth One Federal Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 12.83%
4875 Eisenhower Ave
Alexandria, VA 22304 4886
Kasasa Cash Checking
5.50%
$0
Rate5.37%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Andrews Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.23%
7025A Manchester Blvd
Alexandria, VA 22310
Kasasa Cash� Checking
5.25%
$0
Rate5.13%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Pen Air Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
7635 Plantation Rd
Roanoke, VA 24019
High-Yield Checking
5.05%
$0
Rate5.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required; The qualification cycle is defined as a period beginning on the last day of the previous calendar month in which dividends are paid and ending on the 40th calendar day prior. For daily balances $10,000.00 or less and you meet the minimum qualification requirements for each qualification cycle, an APY up to 5.05% will apply. If your average daily balance is $10,000.01 or more, a blended rate may show on your periodic statement to reflect the dividends earned on the first $10,000.00 of the balance and no dividends earned on the remainder of the balance. Ex: An Average Daily Balance of $15,000 will show an APY of 3.37%. If you fail to meet any of the minimum qualification requirements during the qualification cycle, 0% APY will apply to the entire balance in the account.

Beacon Credit Union Incorporated
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
6320 Logans Ln
Lynchburg, VA 24502
Choice Plus Checking
5.05%
$25
Rate4.94%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: See requirements; Additional qualification must be met to earn Tier 1 dividend. Dividends Compounded: Monthly

Department of Commerce FCU
Institution Rating:
A+5.0 ★ Texas Ratio: 12.49%
5309 Commonwealth Centre Pkwy Ste 407
Midlothian, VA 23112
Advantage Rewards Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: At least 12 debit card purchases; At least 1 direct deposit or ACH Credit transaction of $500 or more; Be enrolled in and agree to receive e-statements within Online Banking; Qualifying balance up to $25,000.00; Dividends do not compound when linked to Advantage Savings.

Newport News Shipbuilding Employees Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.17%
3711 Huntington Ave
Newport News, VA 23607
High Yield Checking
5.00%
$25
Rate4.89%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Central Virginia Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.87%
1638 Mount Athos Rd
Lynchburg, VA 24504 5429
Kasasa Cash Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 1 direct deposit or ACH payment transaction; 15 debit card purchases; eStatements enrollment; Earn 5.00% to 1.40% APY on balances over $25,000, depending on your balance; Earn 0.05% APY on all balances if qualifications aren't met; Receive refunds on ATM withdrawal fees, nationwide (up to $25 monthly); Link this account to Kasasa Saver� and build your savings with automatic transfers

Freedom First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.75%
5240 Valleypark Dr
Roanoke, VA 24019 3002
Freedom Stash� Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Minimum Direct Deposit: $5,000; Max ADB: $10,000

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Checking
4.50%
$100
Rate4.41%
Min Deposit$100
Min Balance
UpdatedAug 28, 2026
Details

Qualifying balance up to $15,000.99

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Golden Advantage Checking
4.50%
$100
Rate4.41%
Min Deposit$100
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $15,000.99

Benchmark Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.83%
100 S Broad St
Kenbridge, VA 23944
$uccess Checking
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
1345 Perimeter Pkwy
Virginia Beach, VA 23454 5882
PowerPlusTM Checking
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Qualifying balance up to $15,000.00; Introductory APY; Introductory Dividend Rate

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
1345 Perimeter Pkwy
Virginia Beach, VA 23454 5882
PowerPlusTM Checking Level 2
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Introductory APY 8.00% Introductory Dividend Rate 7.72%

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
1345 Perimeter Pkwy
Virginia Beach, VA 23454 5882
PowerPlusTM Checking Level 2 on
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

balances up to $15,000; Introductory APY: 8.00%; Introductory Dividend Rate: 7.72%

Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.30%
243 Mclaws Cir Ste 100
Williamsburg, VA 23185 5673
High Interest Checking
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 15 debit card purchases that post and settle your account; One ACH credit or direct deposit post to your account; Be enrolled in eStatements; Withdrawals and fees may reduce earnings on the account. Interest is compounded and credited monthly based on the average daily balance (ADB) method. APY is accurate as of 02/03/2026. Rates subject to change without notice. A monthly $5.00 fee applies if ADB falls below $1,000. Balances $0 to $25,000 earn 4.00% APY; balances $25,000.01 and above earn standard APY (0.20%). Membership eligibility required. Other rates and terms available.

Justice Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.56%
5175 Parkstone Dr Ste 200
Chantilly, VA 20151 3816
Checking
4.00%
$0
Rate3.94%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Checking and direct deposit requirements met; Qualifying balance up to $25,000.00

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
ProBiz Checking Accounts
3.50%
$0
Rate3.45%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Virginia Rewards Checking Rates

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Commonwealth One Federal Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 12.83%
4875 Eisenhower Ave
Alexandria, VA 22304 4886
Kasasa Cash Checking
5.50%
$0
Rate5.37%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Andrews Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.23%
7025A Manchester Blvd
Alexandria, VA 22310
Kasasa Cash� Checking
5.25%
$0
Rate5.13%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Department of Commerce FCU
Institution Rating:
A+5.0 ★ Texas Ratio: 12.49%
5309 Commonwealth Centre Pkwy Ste 407
Midlothian, VA 23112
Advantage Rewards Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: At least 12 debit card purchases; At least 1 direct deposit or ACH Credit transaction of $500 or more; Be enrolled in and agree to receive e-statements within Online Banking; Qualifying balance up to $25,000.00; Dividends do not compound when linked to Advantage Savings.

Central Virginia Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.87%
1638 Mount Athos Rd
Lynchburg, VA 24504 5429
Kasasa Cash Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 1 direct deposit or ACH payment transaction; 15 debit card purchases; eStatements enrollment; Earn 5.00% to 1.40% APY on balances over $25,000, depending on your balance; Earn 0.05% APY on all balances if qualifications aren't met; Receive refunds on ATM withdrawal fees, nationwide (up to $25 monthly); Link this account to Kasasa Saver� and build your savings with automatic transfers

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Checking
4.50%
$100
Rate4.41%
Min Deposit$100
Min Balance
UpdatedAug 28, 2026
Details

Qualifying balance up to $15,000.99

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Golden Advantage Checking
4.50%
$100
Rate4.41%
Min Deposit$100
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $15,000.99

Department of Commerce FCU
Institution Rating:
A+5.0 ★ Texas Ratio: 12.49%
5309 Commonwealth Centre Pkwy Ste 407
Midlothian, VA 23112
Advantage Rewards Checking
1.20%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Rate applies to portion of daily balance over $25,000.00.

Central Virginia Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.87%
1638 Mount Athos Rd
Lynchburg, VA 24504 5429
Kasasa Cash Checking
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

When qualifications are not met, the dividend rate earned on the account's entire average daily balance will be 0.50% and ATM withdrawal fees are not refunded.

Andrews Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.23%
7025A Manchester Blvd
Alexandria, VA 22310
Kasasa Cash� Checking
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required; Qualifying balance $25,000.01 and more

Department of Commerce FCU
Institution Rating:
A+5.0 ★ Texas Ratio: 12.49%
5309 Commonwealth Centre Pkwy Ste 407
Midlothian, VA 23112
Advantage Rewards Checking
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

For balances greater than $25,000.01

Movement Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.72%
1296 Piney Forest Road
Danville, VA 24540
Movement Rewards Checking Account
0.10%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedAug 28, 2026
Details

If you do not meet the qualifications listed above during the monthly statement cycle, the entire balance of the account will earn 0.10% APY.

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Golden Advantage Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Rate for balances $15,001.00 and Greater

Department of Commerce FCU
Institution Rating:
A+5.0 ★ Texas Ratio: 12.49%
5309 Commonwealth Centre Pkwy Ste 407
Midlothian, VA 23112
Advantage Rewards Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Entire balance if qualifications are not met

Transit Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.11%
5948 Richmond Hwy
Alexandria, VA 22303 1871
Rewards Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Commonwealth One Federal Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 12.83%
4875 Eisenhower Ave
Alexandria, VA 22304 4886
Kasasa Cash Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Default Rate

Andrews Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.23%
7025A Manchester Blvd
Alexandria, VA 22310
Kasasa Cash� Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required; If qualifications are not met

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Golden Advantage Checking
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

All balances if qualifications not met

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Kasasa Cash Checking
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Rate for all balances if qualifications not met

DuPont Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.70%
140 Lucy Ln
Waynesboro, VA 22980
Rewards Checking
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Virginia Free Checking Rates

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Freedom First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.75%
5240 Valleypark Dr
Roanoke, VA 24019 3002
Freedom Stash� Checking
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Minimum Direct Deposit: $5,000; Max ADB: $10,000

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
Everyday Earnings Checking
1.35%
$0
Rate1.34%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
Everyday Earnings Checking
0.95%
$0
Rate0.95%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
Everyday Earnings Checking
0.65%
$0
Rate0.65%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
Everyday Earnings Checking
0.60%
$0
Rate0.60%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
Everyday Earnings Checking
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Freedom First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.75%
5240 Valleypark Dr
Roanoke, VA 24019 3002
Freedom Stash� Checking
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Minimum Direct Deposit: $1,000; Max ADB: $10,000

Freedom First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.75%
5240 Valleypark Dr
Roanoke, VA 24019 3002
Freedom Stash� Checking
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Minimum Direct Deposit: $5,000; Max ADB: $1,000,000

Freedom First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.75%
5240 Valleypark Dr
Roanoke, VA 24019 3002
Freedom Stash� Checking
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Minimum Direct Deposit: $1,000; Max ADB: $1,000,000

Newport News Shipbuilding Employees Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.17%
3711 Huntington Ave
Newport News, VA 23607
Free Classic Checking
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
Everyday Earnings Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Pentagon Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.82%
5775 Barclay Dr
Alexandria, VA 22315 5731
Access America Checking
0.05%
$25
Rate0.00%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Set up a monthly direct deposit of $500 or more OR Maintain a daily balance of $500 or more; Earn dividends on your balance when you set up monthly direct deposits of $500 or more. Your entire balance up to $50,000 earns 0.05% APY. Account is a variable rate account. APY (Annual Percentage Yield) is valid as of last dividend declaration date of August 1, 2026 and subject to change at any time. Fees may reduce earnings on account. Minimum deposit of $25 required to open account. When an account is terminated prior to the end of a statement cycle, dividends will be paid if the aggregate deposit requirement is met on the date of account termination. Dividends are compounded monthly and paid monthly. Early access to direct deposit is available for all PenFed members that set up a direct deposit with their employer or other payor. Early direct deposit eligibility may vary between pay periods and timing of payor's funding. Have peace of mind knowing that PenFed won't hold you responsible for unauthorized transactions on your Visa debit card. Visa's Zero Liability policy applies to purchases made in the store, over the telephone, online, or via a mobile device. Visa's Zero Liability policy does not apply to transactions not processed by Visa. Rates and offers current as of August 1, 2026 and are subject to change. After account opening, a three business day waiting period applies for credit line advances. This account can only be accessed by overdraft from a checking account. No other types of advances are permitted. U.S. checking or savings account required to use Zelle�. Transactions between enrolled consumers typically occur in minutes. 2023 Early Warning Services, LLC. Zelle� and the Zelle� related marks are wholly owned by Early Warning Services, LLC and are used herein under license. VanillaDirect Pay is provided by InComm Financial Services, Inc. (NMLS# 912772), which is licensed as a Money Transmitter by the New York State Department of Financial Services. Terms and conditions apply. Web access is needed to use mobile banking and Add Cash in Store. Check with your service provider for details of specific fees and charges. Add Cash in Store transaction limits apply: For each member, the monthly limit for adding cash in store is $5,000 or no more than 10 transactions per month. The daily limit is $1,500. The first three (3) add Cash in Store transactions are free per month. After that, there is a $2 fee per transaction. Routine or unscheduled maintenance may impact accessibility. PenCheck Limited accounts are not eligible. PenFed Credit Union does not provide, endorse or guarantee any third-party product, service, information or recommendation listed above. The third parties listed above are not affiliated with PenFed Credit Union and are solely responsible for their products and services. All trademarks are the property of their respective owners.

Pentagon Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.82%
5775 Barclay Dr
Alexandria, VA 22315 5731
Access America Checking Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

$25 minimum balance to open. Earn dividends with recurring direct deposits of $500 or more and a daily balance up to $50,000 per statement cycle.

Beacon Credit Union Incorporated
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
6320 Logans Ln
Lynchburg, VA 24502
Basic Checking
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Minimum to Open: $25; Dividends Compounded: Monthly

Newport News Shipbuilding Employees Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.17%
3711 Huntington Ave
Newport News, VA 23607
Free Classic Checking
0.00%
$25
Rate0.00%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

URW Community Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.38%
539 Arnett Blvd
Danville, VA 24540
Absolutely Free Checking
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Age: 19 - 60

Henrico Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.57%
8611 Dixon Powers Dr
Henrico, VA 23228
Basic Checking
0.00%
$15
Rate0.00%
Min Deposit$15
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Virginia Student Checking Rates

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Northrop Grumman Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.11%
7575 Colshire Dr
McLean, VA 22102 7508
YOUth Journey Checking
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

University of Virginia Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.06%
1018 W Main St
Charlottesville, VA 22903 2820
Teen Rise/Teen Rise Family Checking Account
0.01%
$5
Rate0.01%
Min Deposit$5
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Newport News Shipbuilding Employees Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.17%
3711 Huntington Ave
Newport News, VA 23607
Rewards, Teen Rewards, and College & Career Rewards Checking
0.00%
$25
Rate0.00%
Min Deposit$25
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

TruEnergy Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.77%
6801 Industrial Rd
Springfield, VA 22151
Teen Checking Account
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Virginia Business Checking Rates

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Beacon Credit Union Incorporated
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
6320 Logans Ln
Lynchburg, VA 24502
Business Interest Plus Checking Business
4.04%
$0
Rate3.97%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Qualifications Required: Additional qualification must be met to earn Tier 2 dividend.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
ProBiz Checking Accounts
3.50%
$0
Rate3.45%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Blue Ridge Bank National Association
Institution Rating:
F2.8 ★ Texas Ratio: 41.42%
17 W Main St
Luray, VA 22835
Business Golden Advantage Checking Business
3.30%
$0
Rate3.25%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
ProBiz Checking Accounts
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

FNB Bank, Inc. Romney, WV
Institution Rating:
A5.0 ★ Texas Ratio: 13.45%
731 Warrior Dr
Stephens City, VA 22655
PREMIUM BUSINESS CHECKING Business
2.50%
$0
Rate2.47%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Appalachian Community Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
1448 Park Ave NW
Norton, VA 24273
Summit Business Checking Business
2.03%
$0
Rate2.01%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

FNB Bank, Inc. Romney, WV
Institution Rating:
A5.0 ★ Texas Ratio: 13.45%
731 Warrior Dr
Stephens City, VA 22655
PREMIUM BUSINESS CHECKING Business
2.00%
$0
Rate1.98%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
ProBiz Checking Accounts
1.70%
$0
Rate1.69%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

FNB Bank, Inc. Romney, WV
Institution Rating:
A5.0 ★ Texas Ratio: 13.45%
731 Warrior Dr
Stephens City, VA 22655
PREMIUM BUSINESS CHECKING Business
1.50%
$0
Rate1.49%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
ProBiz Checking Accounts
1.50%
$0
Rate1.49%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
ProBiz Checking Accounts
1.20%
$0
Rate1.19%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ABNB Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.89%
5288 Providence Rd
Virginia Beach, VA 23464 4204
ProBiz Checking Accounts
1.10%
$0
Rate1.09%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

FNB Bank, Inc. Romney, WV
Institution Rating:
A5.0 ★ Texas Ratio: 13.45%
731 Warrior Dr
Stephens City, VA 22655
PREMIUM BUSINESS CHECKING Business
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

ValleyStar Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.30%
35 Dupont Rd
Martinsville, VA 24112 4618
Business Checking Business
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Lafayette Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.10%
6890 Elm St
Mclean, VA 22101
Business Performance Checking Business
1.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

APY on Checking

Dollar Bank, Federal Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.39%
750 Volvo Pkwy
Chesapeake, VA 23320
Business Checking with Interest Business
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Presidential Bank
Institution Rating:
A5.0 ★ Texas Ratio: 9.69%
1515 Wilson Blvd
Arlington, VA 22209
Business Advantage Checking Business
0.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

Earn 0.50% APY* on Higher Balances

Appalachian Community Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
1448 Park Ave NW
Norton, VA 24273
Summit Business Checking Business
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Appalachian Community Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
1448 Park Ave NW
Norton, VA 24273
Summit Business Checking Business
0.65%
$0
Rate0.65%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Appalachian Community Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
1448 Park Ave NW
Norton, VA 24273
Summit Business Checking Business
0.55%
$0
Rate0.55%
Min Deposit$0
Min Balance
UpdatedAug 28, 2026
Details

No additional details provided.

Virginia Checking Rate Trends

Compare local Virginia checking rate quotes against the statewide average

Daily checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Virginia Checking Trends →
High-Yield Checking — VA Avg
0.730%
▼ 0.171 vs 7 days ago

Virginia high-yield checking rates fell 0.171 points over the past 7 days to 0.730% APY.

Free Checking — VA Avg
0.449%
▼ 0.029 vs 7 days ago

Virginia free checking rates fell 0.029 points over the past 7 days to 0.449% APY.

As of Aug 29, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Top Checking Rates from Virginia Institutions

Highest verified APYs available today — updated August 28, 2026. Advertised rates typically require qualifying monthly activity.

B Top 5 Bank Rates
Department of Commerce FCU
Advantage Rewards Checking
A+ 5.0 ★ TX: 12.49%
Min: $0
5.00%
Blue Ridge Bank National Association
Kasasa Cash Checking
F 2.8 ★ TX: 41.42%
Min: $100
4.50%
Benchmark Community Bank
$uccess Checking
A+ 5.0 ★ TX: 1.83%
Min: $0
4.00%
FNB Bank, Inc. Romney, WV
PREMIUM BUSINESS CHECKING
A 5.0 ★ TX: 13.45%
Min: $0
2.50%
First National Bank VA
Ka-Ching! Checking
A+ 5.0 ★ TX: 2.62%
Min: $100
1.26%
CU Top 5 Credit Union Rates
Baxter Credit Union
PowerPlusTM Checking
A 5.0 ★ TX: 7.04%
Min: $0
8.00%
Beacon Credit Union Incorporated
Choice Plus Checking
A+ 5.0 ★ TX: 1.82%
Min: $25
7.07%
DuPont Community Credit Union
Grow Checking
A+ 5.0 ★ TX: 1.70%
Min: $0
5.54%
Commonwealth One Federal Credit Union
Kasasa Cash Checking
A- 5.0 ★ TX: 12.83%
Min: $0
5.50%
Andrews Federal Credit Union
A 5.0 ★ TX: 11.23%
Min: $0
5.25%
Rates verified August 28, 2026 — Click an institution name to view its full profile, safety ratings, and all checking products.

What Your Balance Earns at VA Checking Averages

Annual interest earnings at current Virginia average APYs. Advertised high-yield rates typically require qualifying monthly activity, and most accounts cap the balance that earns the top rate — the calculator below models your exact balance against a cap.

Balance High-Yield Checking (0.730% APY)Monthly Earnings Free Checking (0.449% APY)Monthly Earnings
$2,500 $18.26 / year $1.52 $11.22 / year $0.94
$5,000 $36.51 / year $3.04 $22.44 / year $1.87
$10,000 $73.02 / year $6.09 $44.87 / year $3.74
$25,000 $182.55 / year $15.21 $112.18 / year $9.35
Earnings estimates assume the full balance earns the average APY with qualifying requirements met every month. Actual earnings depend on the account’s rate cap, base rate, and whether requirements are met. The top offers above pay well over these averages. Source: Virginia checking rate averages as of August 29, 2026.
33
Institutions with Checking Rates
Available in Virginia
11 Banks 22 Credit Unions

About Our Virginia Checking Rate Database

MonitorBankRates tracks checking account rates from 11 banks and 22 credit unions offering checking accounts to Virginia residents — spanning high-yield, rewards, free, student, and business checking from community institutions, regional banks, and national online options. 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: Baxter Credit Union offers a checking account at 8.00% APY. High-yield checking rates typically require qualifying monthly activity — check the account details before opening.

How to Find the Best Checking Rates in Virginia

What to compare when shopping for an interest-bearing checking account in Virginia

To find the best checking APYs in Virginia, start with credit unions and online-only banks — Virginia has 22 credit unions in our database, and they dominate the high-yield and rewards checking market because they have lower overhead than traditional branch networks and use high rates to win your primary banking relationship.

Read the qualifying requirements before you’re drawn in by the headline rate. Most high-yield checking accounts require 10–15 debit card transactions per month, a direct deposit or ACH transfer, and e-statements — miss them in a given month and you earn a near-zero base rate instead. Also check the balance cap: the advertised APY usually applies only up to $10,000–$25,000. The current VA high-yield checking average is 0.730% — but top institutions serving Virginia are offering as high as 8.00%, so shopping around pays off.

Finally, weigh fees and access: a monthly maintenance fee can erase a year of interest on a modest balance, and out-of-network ATM fees add up fast. The best accounts pair a high rate with no monthly fee and nationwide ATM access or ATM-fee reimbursement.

When High-Yield Checking Makes Sense

  • You already use a debit card regularly — the transaction requirements cost you nothing extra
  • Your everyday balance sits under the account’s rate cap, so your whole balance earns the top APY
  • You want your spending money earning savings-level interest instead of 0%
  • You prefer banking locally — 33 institutions serving Virginia report checking rates to our database

Consider an Alternative If…

  • Your balance is well above the rate cap → Virginia savings rates or money market rates for the excess
  • You won’t reliably meet the monthly activity requirements → a no-strings high-yield savings account earns more
  • You have money you won’t touch for a set period → Virginia CD rates lock in a guaranteed return

Virginia Financial Snapshot

Local demographics and economic context for account holders — Source: U.S. Census Bureau

Population 65+
16.7%
National avg: 17.3%
Median Individual Earnings
$51,121
National avg: $47,340
Poverty Rate
9.9%
National avg: 11.1%
Unemployment Rate
4.1%
National avg: 4.8%
Checking Earnings on 10% of Salary
$37/yr
At VA HY checking avg 0.730% APY

At today’s VA high-yield checking average of 0.730%, keeping 10% of the local median salary ($5,112) in a high-yield checking account would earn $37 annually — money a 0% traditional checking account leaves on the table. The top offers above pay even more.

Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.

High-Yield Checking vs. Other Virginia Options

How interest-bearing checking accounts compare to the other deposit products available at banks and credit unions in Virginia.

Feature High-Yield Checking Free Checking High-Yield Savings Money Market
Current VA Avg APY 0.730% 0.449% View Savings Rates View MMA Rates
Monthly Activity Required Usually yes (debit + direct deposit) None None None
Balance Cap on Top Rate Common ($10K–$25K) Little or no interest paid Rarely Tiered — higher balances earn more
FDIC / NCUA Insured Up to $250K Up to $250K Up to $250K Up to $250K
Checks & Debit Card Unlimited Unlimited No Limited per month
Best For Everyday spending money that also earns Simple no-fee banking, modest balances Emergency fund, larger balances Larger balances wanting some check access

APY data reflects Virginia averages tracked in our database as of August 29, 2026. Rates are variable and may differ by institution. See individual product pages for full details.

Virginia Checking Account Interest Calculator

See what an interest-bearing checking account earns on your everyday balance. Most high-yield accounts only pay the advertised APY up to a balance cap — enter the cap to see the real number, or leave it at 0 for uncapped accounts. Click any current Virginia rate on the right to apply it. Interest compounds monthly.

Interest Earned
$0
Balance Earning Top Rate
$0
Ending Balance
$0

Assumes monthly compounding, qualifying requirements met every cycle, and that balances above the cap earn 0%. Checking rates are variable and can change at any time. Estimates are for informational purposes only.

Current Virginia Checking Rates

Verified August 28, 2026 — click a rate to use it
Rates shown are actual verified offers available in Virginia and daily averages from our monitoring database. Check each account’s qualifying requirements and rate cap — then model them here. See the full tables above for all offers.

Methodology & Data Sources

Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Virginia checking 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 Checking Rate Data: We aggregate checking account rates for Virginia directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing this data from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Virginia. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in VA.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.

Frequently Asked Questions

Do checking accounts in Virginia earn interest?

Most traditional local checking accounts in Virginia earn 0% interest. However, High-Yield Checking or Rewards Checking accounts from online banks and select local credit unions can pay interest rates comparable to savings accounts.

Are banks in Virginia FDIC insured?

Yes. Legitimate banks with branches in Virginia are FDIC insured up to $250,000 per depositor. Local Credit Unions are similarly insured by the NCUA.

What fees should I watch out for?

Common fees include Monthly Maintenance Fees (often waivable with direct deposit), Overdraft Fees, and Out-of-Network ATM fees. We recommend looking for “Free Checking” accounts that explicitly state no monthly fees.

What is a Rewards Checking account?

Rewards Checking accounts (sometimes called Kasasa accounts) offer high interest rates or cash back on debit card purchases in exchange for meeting monthly requirements like a minimum number of debit card transactions, direct deposit enrollment, or e-statement signup.

What do I need to do to qualify for a high-yield checking rate in Virginia?

Most high-yield and rewards checking accounts require qualifying activity each month — typically 10–15 debit card transactions, at least one direct deposit or ACH transfer, and e-statement enrollment. Miss the requirements in a given month and the account usually pays a nominal base rate for that cycle instead of the advertised APY.

Is there a limit on how much of my balance earns the top rate?

Usually, yes. Most high-yield checking accounts pay their advertised APY only on balances up to a cap — commonly $10,000 to $25,000. Amounts above the cap earn a much lower rate, often near 0%. Use the calculator above to model your exact balance against a rate cap.

How do I open a checking account in Virginia?

You can open a checking account online or in person at a local branch. You will generally need a government-issued photo ID, your Social Security number, and an opening deposit. Many high-yield checking accounts have low or no minimum opening deposits.

Best Checking Rates in Virginia

Based on our current data, some of the highest checking account APYs available to residents of Virginia include:
  • Baxter Credit Union
    PowerPlusTM Checking — 8.00% APY
  • Beacon Credit Union Incorporated
    Choice Plus Checking — 7.07% APY
  • DuPont Community Credit Union
    Grow Checking — 5.54% APY
  • Commonwealth One Federal Credit Union
    Kasasa Cash Checking — 5.50% APY
  • Andrews Federal Credit Union
    Kasasa Cash� Checking — 5.25% APY
Checking Account Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Virginia. Your final available rate may depend on qualifying activity and daily market movements. Last Updated and Verified: August 28, 2026

Virginia Rates & Resources

Checking Account Rates by City in Virginia

  • Abingdon
  • Accomac
  • Achilles
  • Afton
  • Alberta
  • Aldie
  • Alexandria
  • Altavista
  • Alton
  • Amelia Court House
  • Amherst
  • Amissville
  • Ammon
  • Amonate
  • Andover
  • Annandale
  • Appalachia
  • Appomattox
  • Ararat
  • Arcola
  • Ark
  • Arlington
  • Aroda
  • Arrington
  • Arvonia
  • Ashburn
  • Ashland
  • Assawoman
  • Atkins
  • Atlantic
  • Augusta Springs
  • Austinville
  • Axton
  • Aylett
  • Bacova
  • Banco
  • Bandy
  • Barboursville
  • Barhamsville
  • Barren Springs
  • Baskerville
  • Bassett
  • Bastian
  • Basye
  • Batesville
  • Battery Park
  • Bealeton
  • Beaumont
  • Beaverdam
  • Bedford
  • Bee
  • Bellamy
  • Belle Haven
  • Belspring
  • Ben Hur
  • Bena
  • Bent Mountain
  • Bentonville
  • Bergton
  • Berryville
  • Big Island
  • Big Rock
  • Big Stone Gap
  • Birchleaf
  • Birdsnest
  • Bishop
  • Blacksburg
  • Blackstone
  • Blackwater
  • Blairs
  • Bland
  • Bloxom
  • Blue Grass
  • Blue Ridge
  • Bluefield
  • Bluemont
  • Bohannon
  • Boissevain
  • Boones Mill
  • Boston
  • Bowling Green
  • Boyce
  • Boydton
  • Boykins
  • Bracey
  • Branchville
  • Brandy Station
  • Breaks
  • Bremo Bluff
  • Bridgewater
  • Brightwood
  • Bristol
  • Bristow
  • Broad Run
  • Broadford
  • Broadway
  • Brodnax
  • Brooke
  • Brookneal
  • Brownsburg
  • Brucetown
  • Bruington
  • Buchanan
  • Buckingham
  • Buena Vista
  • Buffalo Junction
  • Bumpass
  • Burgess
  • Burke
  • Burkes Garden
  • Burkeville
  • Burr Hill
  • Callands
  • Callao
  • Callaway
  • Calverton
  • Cana
  • Cape Charles
  • Capeville
  • Capron
  • Cardinal
  • Caret
  • Carrollton
  • Carrsville
  • Carson
  • Cartersville
  • Casanova
  • Cascade
  • Castleton
  • Castlewood
  • Catawba
  • Catharpin
  • Catlett
  • Cedar Bluff
  • Center Cross
  • Centreville
  • Ceres
  • Champlain
  • Chantilly
  • Charles City
  • Charlotte Court House
  • Charlottesville
  • Chase City
  • Chatham
  • Check
  • Cheriton
  • Chesapeake
  • Chester
  • Chester Gap
  • Chesterfield
  • Chilhowie
  • Chincoteague Island
  • Christchurch
  • Christiansburg
  • Church Road
  • Church View
  • Churchville
  • Claremont
  • Clarksville
  • Claudville
  • Clear Brook
  • Cleveland
  • Clifford
  • Clifton
  • Clifton Forge
  • Clinchco
  • Clintwood
  • Clover
  • Cloverdale
  • Cluster Springs
  • Cobbs Creek
  • Coeburn
  • Coleman Falls
  • Coles Point
  • Collinsville
  • Colonial Beach
  • Colonial Heights
  • Columbia
  • Concord
  • Copper Hill
  • Corbin
  • Courtland
  • Covesville
  • Covington
  • Craddockville
  • Craigsville
  • Crewe
  • Criders
  • Crimora
  • Cripple Creek
  • Critz
  • Crockett
  • Cross Junction
  • Crozet
  • Crozier
  • Crystal Hill
  • Cullen
  • Culpeper
  • Cumberland
  • Dahlgren
  • Daleville
  • Damascus
  • Dante
  • Danville
  • Davenport
  • Davis Wharf
  • Dayton
  • Deerfield
  • Delaplane
  • Deltaville
  • Dendron
  • Dewitt
  • Diggs
  • Dillwyn
  • Dinwiddie
  • Disputanta
  • Doe Hill
  • Dogue
  • Dolphin
  • Doran
  • Doswell
  • Drakes Branch
  • Draper
  • Drewryville
  • Dry Fork
  • Dryden
  • Dublin
  • Duffield
  • Dugspur
  • Dulles
  • Dumfries
  • Dundas
  • Dungannon
  • Dunn Loring
  • Dunnsville
  • Dutton
  • Dyke
  • Eagle Rock
  • Earlysville
  • East Stone Gap
  • Eastville
  • Ebony
  • Edinburg
  • Edwardsville
  • Eggleston
  • Elberon
  • Elk Creek
  • Elkton
  • Elkwood
  • Elliston
  • Emory
  • Emporia
  • Esmont
  • Etlan
  • Evergreen
  • Evington
  • Ewing
  • Exmore
  • Faber
  • Fairfax
  • Fairfax Station
  • Fairfield
  • Falls Church
  • Falls Mills
  • Fancy Gap
  • Farmville
  • Farnham
  • Ferrum
  • Fieldale
  • Fife
  • Fincastle
  • Fishers Hill
  • Fishersville
  • Flint Hill
  • Floyd
  • Ford
  • Forest
  • Fork Union
  • Fort Belvoir
  • Fort Blackmore
  • Fort Defiance
  • Fort Eustis
  • Fort Lee
  • Fort Mitchell
  • Fort Monroe
  • Fort Valley
  • Foster
  • Franklin
  • Franktown
  • Fredericksburg
  • Free Union
  • Freeman
  • Fries
  • Front Royal
  • Ft Myer
  • Fulks Run
  • Gainesville
  • Galax
  • Garrisonville
  • Gasburg
  • Gate City
  • Glade Hill
  • Glade Spring
  • Gladstone
  • Gladys
  • Glasgow
  • Glen Allen
  • Glen Lyn
  • Glen Wilton
  • Gloucester
  • Gloucester Point
  • Goldbond
  • Goldvein
  • Goochland
  • Goode
  • Goodview
  • Gordonsville
  • Gore
  • Goshen
  • Graves Mill
  • Great Falls
  • Green Bay
  • Greenbackville
  • Greenbush
  • Greenville
  • Greenway
  • Greenwood
  • Gretna
  • Grimstead
  • Grottoes
  • Grundy
  • Gum Spring
  • Gwynn
  • Hacksneck
  • Hadensville
  • Hague
  • Halifax
  • Hallieford
  • Hallwood
  • Hamilton
  • Hampden Sydney
  • Hampton
  • Hanover
  • Harborton
  • Hardy
  • Hardyville
  • Harman
  • Harrisonburg
  • Hartfield
  • Hartwood
  • Hayes
  • Haymarket
  • Haynesville
  • Haysi
  • Haywood
  • Head Waters
  • Heathsville
  • Henry
  • Herndon
  • Highland Springs
  • Hillsville
  • Hiltons
  • Hinton
  • Hiwassee
  • Honaker
  • Hood
  • Hopewell
  • Horntown
  • Horsepen
  • Hot Springs
  • Howardsville
  • Huddleston
  • Hudgins
  • Hume
  • Huntly
  • Hurley
  • Hurt
  • Hustle
  • Independence
  • Indian Valley
  • Iron Gate
  • Irvington
  • Isle Of Wight
  • Ivanhoe
  • Ivor
  • Ivy
  • Jamaica
  • Jamestown
  • Jamesville
  • Jarratt
  • Java
  • Jeffersonton
  • Jenkins Bridge
  • Jersey
  • Jetersville
  • Jewell Ridge
  • Jonesville
  • Keeling
  • Keen Mountain
  • Keene
  • Keezletown
  • Keller
  • Kenbridge
  • Kents Store
  • Keokee
  • Keswick
  • Keysville
  • Kilmarnock
  • King And Queen Court Hous
  • King George
  • King William
  • Kinsale
  • La Crosse
  • Lacey Spring
  • Lackey
  • Ladysmith
  • Lambsburg
  • Lancaster
  • Laneview
  • Lanexa
  • Laurel Fork
  • Lawrenceville
  • Lebanon
  • Leesburg
  • Leon
  • Lexington
  • Lightfoot
  • Lignum
  • Lincoln
  • Linden
  • Linville
  • Little Plymouth
  • Lively
  • Locust Dale
  • Locust Grove
  • Locust Hill
  • Locustville
  • Long Island
  • Loretto
  • Lorton
  • Lottsburg
  • Louisa
  • Lovettsville
  • Lovingston
  • Low Moor
  • Lowry
  • Lunenburg
  • Luray
  • Lynch Station
  • Lynchburg
  • Lyndhurst
  • Machipongo
  • Macon
  • Madison
  • Madison Heights
  • Madison Mills
  • Maidens
  • Manakin Sabot
  • Manassas
  • Mannboro
  • Manquin
  • Mappsville
  • Marion
  • Marionville
  • Markham
  • Marshall
  • Martinsville
  • Maryus
  • Mascot
  • Massies Mill
  • Mathews
  • Mattaponi
  • Maurertown
  • Mavisdale
  • Max Meadows
  • Maxie
  • McClure
  • McCoy
  • McDowell
  • McGaheysville
  • McKenney
  • McLean
  • Meadows Of Dan
  • Meadowview
  • Mears
  • Mechanicsville
  • Meherrin
  • Melfa
  • Mendota
  • Meredithville
  • Merrifield
  • Merry Point
  • Middlebrook
  • Middleburg
  • Middletown
  • Midland
  • Midlothian
  • Milford
  • Millboro
  • Millers Tavern
  • Millwood
  • Mineral
  • Mint Spring
  • Mitchells
  • Modest Town
  • Mollusk
  • Moneta
  • Monroe
  • Montebello
  • Monterey
  • Montpelier
  • Montpelier Station
  • Montross
  • Montvale
  • Moon
  • Morattico
  • Moseley
  • Mount Crawford
  • Mount Holly
  • Mount Jackson
  • Mount Sidney
  • Mount Solon
  • Mount Vernon
  • Mouth Of Wilson
  • Mustoe
  • Narrows
  • Naruna
  • Nassawadox
  • Nathalie
  • Natural Bridge
  • Natural Bridge Station
  • Nellysford
  • Nelson
  • Nelsonia
  • New Canton
  • New Castle
  • New Church
  • New Hope
  • New Kent
  • New Market
  • New Point
  • New River
  • Newbern
  • Newington
  • Newport
  • Newport News
  • Newsoms
  • Newtown
  • Nickelsville
  • Ninde
  • Nokesville
  • Nora
  • Norfolk
  • Norge
  • North
  • North Garden
  • North Tazewell
  • Norton
  • Norwood
  • Nottoway
  • Nuttsville
  • Oak Hall
  • Oakpark
  • Oakton
  • Oakwood
  • Occoquan
  • Oilville
  • Oldhams
  • Onancock
  • Onemo
  • Onley
  • Ophelia
  • Orange
  • Ordinary
  • Oriskany
  • Orkney Springs
  • Orlean
  • Oyster
  • Paeonian Springs
  • Paint Bank
  • Painter
  • Palmyra
  • Pamplin
  • Paris
  • Parksley
  • Parrott
  • Partlow
  • Patrick Springs
  • Pearisburg
  • Pembroke
  • Penhook
  • Penn Laird
  • Pennington Gap
  • Petersburg
  • Phenix
  • Philomont
  • Pilgrims Knob
  • Pilot
  • Piney River
  • Pittsville
  • Pleasant Valley
  • Pocahontas
  • Poquoson
  • Port Haywood
  • Port Republic
  • Port Royal
  • Portsmouth
  • Pound
  • Pounding Mill
  • Powhatan
  • Pratts
  • Prince George
  • Prospect
  • Providence Forge
  • Pulaski
  • Pungoteague
  • Purcellville
  • Quantico
  • Quicksburg
  • Quinby
  • Quinque
  • Quinton
  • Radford
  • Radiant
  • Randolph
  • Raphine
  • Rapidan
  • Rappahannock Academy
  • Raven
  • Rawlings
  • Rectortown
  • Red Ash
  • Red House
  • Red Oak
  • Redwood
  • Reedville
  • Remington
  • Republican Grove
  • Rescue
  • Reston
  • Reva
  • Rhoadesville
  • Rice
  • Rich Creek
  • Richardsville
  • Richlands
  • Richmond
  • Ridgeway
  • Rileyville
  • Riner
  • Ringgold
  • Ripplemead
  • Rixeyville
  • Roanoke
  • Rochelle
  • Rockbridge Baths
  • Rockville
  • Rocky Gap
  • Rocky Mount
  • Rollins Fork
  • Rose Hill
  • Rosedale
  • Roseland
  • Round Hill
  • Rowe
  • Ruby
  • Ruckersville
  • Rural Retreat
  • Rustburg
  • Ruther Glen
  • Ruthville
  • Saint Charles
  • Saint Paul
  • Saint Stephens Church
  • Salem
  • Saltville
  • Saluda
  • Sandston
  • Sandy Hook
  • Sandy Level
  • Sandy Point
  • Sanford
  • Saxe
  • Saxis
  • Schley
  • Schuyler
  • Scottsburg
  • Scottsville
  • Seaford
  • Sealston
  • Seaview
  • Sedley
  • Selma
  • Seven Mile Ford
  • Severn
  • Shacklefords
  • Sharps
  • Shawsville
  • Shenandoah
  • Shipman
  • Shortt Gap
  • Singers Glen
  • Skippers
  • Skipwith
  • Smithfield
  • Somerset
  • Somerville
  • South Boston
  • South Hill
  • Sparta
  • Speedwell
  • Spencer
  • Sperryville
  • Spotsylvania
  • Spottswood
  • Spout Spring
  • Spring Grove
  • Springfield
  • Stafford
  • Staffordsville
  • Stanardsville
  • Stanley
  • Stanleytown
  • Star Tannery
  • State Farm
  • Staunton
  • Steeles Tavern
  • Stephens City
  • Stephenson
  • Sterling
  • Stevensburg
  • Stevensville
  • Stonega
  • Stony Creek
  • Strasburg
  • Stratford
  • Stuart
  • Stuarts Draft
  • Studley
  • Suffolk
  • Sugar Grove
  • Sumerduck
  • Surry
  • Susan
  • Sussex
  • Sutherland
  • Sutherlin
  • Sweet Briar
  • Swoope
  • Swords Creek
  • Syria
  • Tangier
  • Tannersville
  • Tappahannock
  • Tasley
  • Tazewell
  • Temperanceville
  • Thaxton
  • The Plains
  • Thornburg
  • Timberville
  • Toano
  • Toms Brook
  • Topping
  • Townsend
  • Trammel
  • Trevilians
  • Triangle
  • Trout Dale
  • Troutville
  • Troy
  • Tyro
  • Union Hall
  • Unionville
  • University Of Richmond
  • Upperville
  • Urbanna
  • Valentines
  • Vansant
  • Vernon Hill
  • Verona
  • Vesta
  • Vesuvius
  • Victoria
  • Vienna
  • Viewtown
  • Village
  • Villamont
  • Vinton
  • Virgilina
  • Virginia Beach
  • Volney
  • Wachapreague
  • Wake
  • Wakefield
  • Walkerton
  • Wallops Island
  • Wardtown
  • Ware Neck
  • Warfield
  • Warm Springs
  • Warrenton
  • Warsaw
  • Washington
  • Water View
  • Waterford
  • Wattsville
  • Waverly
  • Waynesboro
  • Weber City
  • Weems
  • West Augusta
  • West Mclean
  • West Point
  • Weyers Cave
  • White Hall
  • White Marsh
  • White Plains
  • White Post
  • White Stone
  • Whitetop
  • Whitewood
  • Wicomico
  • Wicomico Church
  • Williamsburg
  • Williamsville
  • Willis
  • Willis Wharf
  • Wilsons
  • Winchester
  • Windsor
  • Wingina
  • Wirtz
  • Wise
  • Withams
  • Wolford
  • Wolftown
  • Woodberry Forest
  • Woodbridge
  • Woodford
  • Woodlawn
  • Woods Cross Roads
  • Woodstock
  • Woodville
  • Woolwine
  • Wylliesburg
  • Wytheville
  • Yale
  • Yorktown
  • Zacata
  • Zanoni
  • Zuni