Best Money Market Rates in Gloucester, Virginia - June 2026
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Brian McKay
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Current Gloucester, Virginia and the surrounding area money market deposit account rates include 1st Advantage Federal Credit Union1st Advantage Federal Credit Union6511 George Washington Memorial Hwy, Gloucester, VA 23061A+5.0 ★Texas Ratio: 2.69% Business Performance Plus Money Market Account at 4.00% APY, TruistTruist7171 George Washington Memorial Hwy, Gloucester, VA 23061A+5.0 ★Texas Ratio: 3.63% Small Business Money Market Account at 3.40% APY, Newport News Shipbuilding Employees Credit UnionNewport News Shipbuilding Employees Credit Union6723 Fox Centre Pkwy, Gloucester, VA 23061A+5.0 ★Texas Ratio: 4.17% Pinnacle Money Market at 3.25% APY, Langley Federal Credit UnionLangley Federal Credit Union6502 Zandler Way, Gloucester, VA 23061 3885A5.0 ★Texas Ratio: 9.72% Platinum Money Market Savings at 2.80% APY, and Chesapeake BankChesapeake Bank6793 George Washington Memorial Hwy, Gloucester, VA 23061A+5.0 ★Texas Ratio: 2.95% Money Market Tier 5 at 0.85% APY. Money market rates as of June 9, 2026 according to verified data from MonitorBankRates.
Gloucester has 5 local institutions in our database, with money market rates as high as 4.00% APY from 1st Advantage Federal Credit Union at 6511 George Washington Memorial Hwy, Gloucester, VA 23061. Use the table below to compare all available offers, including options from institutions serving the broader Virginia area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Gloucester, Virginia and surrounding area. Last Updated and Verified: June 9, 2026
Compare the Best Money Market Rates Today in Gloucester, Virginia & the Surrounding Area
as high as
Eligible clients can earn a 3.40% annual percentage yield (APY) with a new Truist Business Money Market account. Promotional Interest Rate is 3.34% and the Annual Percentage Yield (APY) is 3.40% for balances $0.01 and greater. Your new Money Market Account could initially earn a rate lower than 3.40% APY. However, within 10 calendar days of account opening, your eligible account will automatically upgrade to the 3.40% APY rate. The standard interest rate and APY are 0.01%. Fees may reduce earnings.
Qualifying balance up to $1,000.00
See footnote 2.
See footnote 2.
Qualifications Required: 1st Advantage Checking Account; 10 posted Debit Card transactions (excluding ATM transactions) per month; one or more ACH Direct Deposit transactions posted in each calendar month; Qualifying balance up to $10,000.00
**Grandfathered account - closed to new openings. Available only to existing holders of this account type.
**Grandfathered account - closed to new openings. Available only to existing holders of this account type.
**Grandfathered account - closed to new openings. Available only to existing holders of this account type.
**Grandfathered account - closed to new openings. Available only to existing holders of this account type.
**Grandfathered account - closed to new openings. Available only to existing holders of this account type.
See footnote 4.
**Grandfathered account - closed to new openings. Available only to existing holders of this account type.
See footnote 4.
**Grandfathered account - closed to new openings. Available only to existing holders of this account type.
[Learn More](https://www.marinefederalhb.org/home/site/choicemoneymarket)
As High As. Minimum opening deposit for 4.00% is $1,000,000. No monthly maintenance fees or ongoing balance requirements. No minimum withdrawal requirements. Make deposits in any amount at any time. Dividends are compounded daily and paid monthly. APY = Annual Percentage Yield is subject to change without notice. All rates are effective as of 06/03/2026.
LIMITED TIME OFFER; Beacon's Premier Money Market rate is only valid on new accounts for members who have not had an open consumer or business money market within the past 90 days. There is a $100 minimum deposit required to open the account and the account cannot be funded with deposit money that is already in a Beacon deposit account. Dividend applied is based upon the highest tier applicable to your average daily balance when monthly processing occurs. Rates are subject to change.
Requires a minimum new money deposit of $10,000.
Minimum new money deposit of $10,000.
Preferred rates. Standard rates: 0.03% APY.
Preferred rates. Standard rates: 0.15% APY.
On Balances Between $25,000 and $250,000. Earn 1.50% APY* on Higher Balances Earn 0.10% APY* on Average Daily Balances under $25,000.
APY* applies to balances of $1,000,000.00 & Above.
APY* applies to balances of $500,000.00 - $999,999.99.
APY* applies to balances of $250,000.00 - $499,999.99.
APY* applies to balances of $25,000.00 - $249,999.99.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Gloucester, VA Money Market Rate Trends
Compare local Gloucester, VA money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Virginia high-yield MMA rates rose 0.036 points over the past 7 days to 3.324% APY.
Virginia standard MMA rates rose 0.021 points over the past 7 days to 0.841% APY.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Gloucester, Virginia money market 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 Money Market Rate Data: We aggregate money market deposit account rates for Gloucester, Virginia directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed 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 Gloucester, Virginia. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in VA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Money Market Accounts in Gloucester, Virginia
What is a Money Market Account (MMA)?
Are Money Market accounts in Gloucester, Virginia safe?
How often do MMA rates change in Gloucester, Virginia?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Gloucester, Virginia?
Best Money Market Rates in Gloucester, Virginia
- 1st Advantage Federal Credit Union
Business Performance Plus Money Market Account — 4.00% APY - Truist
Small Business Money Market Account — 3.40% APY - Newport News Shipbuilding Employees Credit Union
Pinnacle Money Market — 3.25% APY - Langley Federal Credit Union
Platinum Money Market Savings — 2.80% APY - Chesapeake Bank
Money Market Tier 5 — 0.85% APY
