Roanoke, Virginia Money Market Rates for October 2026
Brian McKay
Brian McKay
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Roanoke, Virginia money market account rates range from 0.05% to 4.00% APY, verified by MonitorBankRates as of October 31, 2026. Current Roanoke, Virginia and the surrounding area money market deposit account rates include Beacon Credit Union IncorporatedBeacon Credit Union Incorporated3534 Electric Rd Unit 6, Roanoke, VA 24018A+5.0 ★Texas Ratio: 1.80%Real return: +0.30%APY minus 3.7% CPIRate verified Oct 30, 2026 Premier Money Market at 4.00% APY, Freedom First Federal Credit UnionFreedom First Federal Credit Union5240 Valleypark Dr, Roanoke, VA 24019 3002A+5.0 ★Texas Ratio: 3.69%Real return: -0.35%APY minus 3.7% CPIRate verified Oct 29, 2026 Indexed Business Money Market at 3.35% APY, ValleyStar Credit UnionValleyStar Credit Union3452 Buck Mountain Rd, Roanoke, VA 24018A5.0 ★Texas Ratio: 10.13%Real return: -0.66%APY minus 3.7% CPIRate verified Oct 29, 2026 Performance Money Market (Business) at 3.04% APY, Virginia Credit UnionVirginia Credit Union16955 Forest Rd Ste A, Roanoke, VA 24024A5.0 ★Texas Ratio: 6.40%Real return: -0.95%APY minus 3.7% CPIRate verified Oct 29, 2026 Premium Plus Money Market at 2.75% APY, and Atlantic Union BankAtlantic Union Bank7337 Williamson Rd, Roanoke, VA 24019A+5.0 ★Texas Ratio: 2.51%Real return: -1.45%APY minus 3.7% CPIRate verified Oct 31, 2026 Performance Money Market at 2.25% APY. Money market rates as of October 31, 2026 according to verified data from MonitorBankRates.
Roanoke has 15 local institutions in our database, with money market rates as high as 4.00% APY from Beacon Credit Union Incorporated at 3534 Electric Rd Unit 6, Roanoke, VA 24018. Use the table below to compare all available offers, including options from institutions serving the broader Virginia area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Roanoke, Virginia and surrounding area. Last Updated and Verified: October 31, 2026
Compare the Best Money Market Rates Today in Roanoke, Virginia & the Surrounding Area
Balance: $500,000.00 & Greater; Limited Time Offer; Dividends compounded monthly; new accounts only for members without an open consumer or business money market in the past 90 days; cannot be funded with existing Beacon deposit money
Balance: $100,000.00 - $499,999.99; Limited Time Offer; Dividends compounded monthly; new accounts only for members without an open consumer or business money market in the past 90 days; cannot be funded with existing Beacon deposit money
Balance: $240,000 and over; Tier 3; Indexed to 90-day U.S. Treasury bill; Required minimum opening deposit is $5,000; APY is variable
Balance: $65,000 - $239,999.99; Tier 2; Indexed to 90-day U.S. Treasury bill; Required minimum opening deposit is $5,000; APY is variable
Balance: $50,000 and over; Dividend rate based on U.S. Prime Rate as published in the Wall Street Journal, minus 4.00%
- Oct 5, 20263.04%▲ from 2.79%
- Sep 14, 20262.79%first recorded
Balance: $15,000 and over; Dividend rate based on U.S. Prime Rate as published in The Wall Street Journal, minus 4.00%
- Oct 5, 20263.04%▲ from 2.79%
- Sep 14, 20262.79%first recorded
Balance: $50,000.00 - $99,999.99; Limited Time Offer; Dividends compounded monthly; new accounts only for members without an open consumer or business money market in the past 90 days; cannot be funded with existing Beacon deposit money
Balance: $5,000 - $64,999.99; Tier 1; Indexed to 90-day U.S. Treasury bill; Required minimum opening deposit is $5,000; APY is variable
Compounding Frequency: Monthly; Minimum to Earn APY: $250000
- Oct 1, 20262.75%▲ from 2.60%
- Sep 30, 20262.60%first recorded
Balance: $25,000.00 - $49,999.99; Limited Time Offer; Dividends compounded monthly; new accounts only for members without an open consumer or business money market in the past 90 days; cannot be funded with existing Beacon deposit money
Compounding Frequency: Monthly; Minimum to Earn APY: $100000
- Oct 1, 20262.40%▲ from 2.25%
- Sep 30, 20262.25%first recorded
Balance: $0.00 - $24,999.99; Limited time offer; requires minimum opening deposit of at least $25,000 in new money not currently on deposit with Atlantic Union Bank; not available for business accounts
Tier 3; Balance: $50,000+
Compounding Frequency: Monthly; Minimum to Earn APY: $50000
Featured homepage rate
- Oct 26, 20261.75%▲ from 1.67%
- Sep 18, 20261.67%first recorded
Compounding Frequency: Monthly; Minimum to Earn APY: $25000
Balance: $2,500-$24,999.99
Balance: $100,000.00 and over; Variable rate account; As of September 10, 2026
Balance: Equal to or greater than $25,000.00
Tier 2; Balance: $25,000-$49,999
Minimum to Earn APY: $250000; Compounding: Monthly
Balance: $100,000+; $100 minimum balance to earn dividends; no withdrawal limits; dividend paid monthly
Tier 1; Balance: $10,000-$24,999
Minimum to Earn APY: $100000; Compounding: Monthly
Compounding Frequency: Monthly; Minimum to Earn APY: $10000
Balance: $50,000 - $99,999.99; $100 minimum balance to earn dividends; no withdrawal limits; dividend paid monthly
Minimum to Earn APY: $50000; Compounding: Monthly
Balance: $500,000 - $1 million +
Balance: $500 - $2,499.99; Tier 1; Indexed to 90-day U.S. Treasury bill; APY variable
Balance: $50,000.00 - $99,999.99; Variable rate account; As of September 10, 2026
Minimum to Earn APY: $25000; Compounding: Monthly
Balance: $100,000.00 - $499,999.99
Balance: $25,000 - $49,999.99; $100 minimum balance to earn dividends; no withdrawal limits; dividend paid monthly
Balance: $100,000.00 and over; Variable rate account
Balance: $25,000.00 - $49,999.99; Variable rate account; As of September 10, 2026
Balance: $100,000.00 +; Variable rate account
Balance: $25,000.00 - $49,999.99; Variable rate account; As of September 10, 2026
Balance: $25,000.00 - $99,999.99
Minimum to Earn APY: $10000; Compounding: Monthly
Balance: $10,000.00 - $24,999.99; Variable rate account; As of September 10, 2026
Balance: $10,000.00 - $24,999.99
Balance: $10,000 - $24,999.99; $100 minimum balance to earn dividends; no withdrawal limits; dividend paid monthly
Balance: $10,000.00 - $24,999.99; Variable rate account; As of September 10, 2026
Balance: $50,000.00-$99,999.99; Variable rate account
Balance: $250,000+
Balance: $50,000.00-$99,999.99; Variable rate account
Balance: $2,500.00 - $9,999.99
Balance: $75,000.00 and greater; Minimum to Earn APY: $75,000.00
Balance: $75,000.00 and greater
Balance: $0 - $9,999.99; $100 minimum balance to earn dividends; no withdrawal limits; dividend paid monthly
Balance: $25,000.00-$49,999.99; Variable rate account
Balance: $100,000 - $249,999.99
Balance: $0.00 - $9,999.99; Variable rate account; As of September 10, 2026
Balance: $25,000.00-$49,999.99; Variable rate account
Minimum to Earn APY: $1500; Compounding: Monthly
Balance: $10,000.00-$24,999.99; Variable rate account
Balance: $1,000,000.00 and up
Balance Required to Earn APY: $0.01; Transaction Limits: Limited
Balance: $10,000.00-$24,999.99; Variable rate account
Balance: $100,000.00 - 249,999.99
Balance: $250,000.00 and up
Balance: $25,000.00 to $74,999.99; Minimum to Earn APY: $25,000.00
Balance: $25,000.00 to $74,999.99
Balance: $25,000 - $99,999.99
Balance: Below $25,000.00
Balance: $50,000.00 - 99,999.99
Balance: $25,000.00 - 99,999.99
Balance: $100,000 and above; Tier 6
Balance: 0-$9,999.99; Variable rate account
Balance: $10,000.00 to $24,999.99; Minimum to Earn APY: $10,000.00
Balance: $10,000.00 to $24,999.99
Balance: $0.00 - $24,999.99
Balance: 0-$9,999.99; Variable rate account
Balance: $2,500.00 - 49,999.99
Balance: $2,500.00 - 9,999.99
Balance: Up to $9,999.99; Minimum to Earn APY: $150.00
Balance: Up to $9,999.99
Balance: $1,500.00 - $2,499.99
Balance: $25,000 - $49,999.99
Balance: $10,000 - $24,999.99
Balance: $2,500 - $14,999.99; Dividend rate and APY are variable for balances below $15,000
Balance: $50,000 - $99,999.99; Tier 5
Minimum to Earn APY: $100; Compounding: Monthly
Minimum to Earn APY: $100; Compounding: Monthly
Compounding Frequency: Monthly; Minimum to Earn APY: $100
Compounding Frequency: Monthly; Minimum to Earn APY: $100
Balance: $2,500 - $9,999.99
Balance: $0.01 - $1,999.99; Dividends Compounded: Monthly
Balance: $2,500.00 - $24,999.99; Limited Time Offer; Dividends compounded monthly; new accounts only for members without an open consumer or business money market in the past 90 days; cannot be funded with existing Beacon deposit money
Balance: $500,000+; Interest is compounded and paid monthly; Visit a Branch to Open
Special rate for new accounts opened today; Balance: not stated
Balance: $25,000 - $500,000; Visit a Branch or Download and Mail the Application to Open Your Account
- Oct 7, 20263.50%▲ from 1.50%
- Sep 27, 20261.50%first recorded
Balance: $25,000 - $250,000; Earn 1.50% APY on higher balances; Earn 0.10% APY on average daily balances under $25,000
Preferred rates; Must have a Citizens Private Client Checking account; minimum $25,000 of new money required to qualify for preferred rates; Monthly maintenance fees $0 with Citizens Private Client Checking; Rhode Island rates
Preferred rates; Must have a Citizens Quest Checking account; minimum $25,000 of new money required to qualify for preferred rates; Monthly maintenance fees $0 with Citizens Quest Checking; Rhode Island rates
- Oct 31, 20263.50%▲ from 0.02%
- Sep 18, 20260.02%first recorded
Wilmington Branch Only; Balance: $1,000,000 and above; Advertised rate effective March 12, 2026; available only to new funds deposited; Thalian theatergoers: bring ticket to Wilmington office (5815 Oleander Drive, Suite 100) within 90 days of printed show date; rate is variable; $25 monthly fee if balance drops below $2,500
Relationship balance of $250,000 must be maintained; if it falls below $250,000 the account may be converted to a Bright Business Savings Account
Balance: $50,000.00 and above; On Amounts $50,000 And Above; Minimum to open is $1,000; Average daily balance of $1,000 required to avoid monthly fee; Fees could reduce earnings
Balance: $250,000 - $499,999.99; Interest is compounded and paid monthly; Visit a Branch to Open
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.
Roanoke, VA Money Market Rate Trends
Compare local Roanoke, 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 0.003 points over the past 7 days to 3.099% APY.
Virginia standard MMA rates fell 0.006 points over the past 7 days to 0.711% APY.
Roanoke, Virginia Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current VA high-yield MMA average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Money market account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current VA high-yield money market average of 3.099% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield money market rates tend to adjust faster than standard branch-based accounts.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Roanoke, Virginia.
Money Market Account Earnings in Roanoke, Virginia
Annual interest earnings at current VA average APYs, based on the high-yield and standard money market averages tracked in our database. Balances reflect the higher minimums typical of money market accounts. Compounding assumed monthly.
| Balance | HY Money Market (3.099% APY) | Monthly Earnings | Standard MMA (0.711% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $309.85 / year | $25.82 | $71.13 / year | $5.93 |
| $25,000 | $774.63 / year | $64.55 | $177.83 / year | $14.82 |
| $50,000 | $1,549.25 / year | $129.10 | $355.65 / year | $29.64 |
| $100,000 | $3,098.50 / year | $258.21 | $711.30 / year | $59.28 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, rate tier, and daily balance maintained. Rates are variable and subject to change. Source: Roanoke, Virginia money market rate averages as of October 31, 2026. | ||||
About Our Roanoke, Virginia Money Market Rate Database
MonitorBankRates found 15 institutions with branches in Roanoke (7 banks, 8 credit unions), plus 29 additional state-chartered and national online institutions available to Roanoke 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 to 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: Beacon Credit Union Incorporated offers a money market account at 4.00% APY with a minimum deposit of $100. Use the rate table above to compare all current offers in Roanoke, Virginia.
How to Find the Best Money Market Rates in Roanoke, Virginia
What to compare when shopping for a money market account in Roanoke, Virginia
To find the best money market APYs in Roanoke, Virginia, start with credit unions and online-only banks: Roanoke, Virginia has 26 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate, and pay close attention to balance tiers. Many money market accounts only pay their advertised top rate above a minimum balance of $1,000 to $25,000, with lower rates (or monthly fees) below that threshold. The current VA high-yield money market average is 3.099% but top local institutions are offering as high as 4.00%, so shopping around pays off.
Unlike a CD, money market rates are variable. Your rate can change at any time with Federal Reserve policy. Also check check-writing and debit card limits: most MMAs allow a set number of withdrawals per month, and exceeding the limit can trigger fees. Review your account periodically to ensure your APY remains competitive.
When a Money Market Account Makes Sense
- Emergency fund with flexibility: You get savings-level yields plus limited check-writing and debit access. Roanoke, Virginia high-yield money market rates currently average 3.099% APY, far above a typical checking account.
- Larger balances ($10,000+): Many MMAs pay tiered rates that rise with your balance, so bigger deposits often earn more than they would in a standard savings account.
- Parking cash between investments: A high-yield money market account at Roanoke, Virginia institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 44 institutions in Roanoke, Virginia report money market rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Roanoke, Virginia CD rates
- You don’t need check writing and want a lower minimum Roanoke, Virginia savings rates
- You need daily transaction access Roanoke, Virginia checking rates
Roanoke, Virginia Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
17.8% of residents are 65 or older, in line with the national average of 17.3%. At today’s VA high-yield money market average of 3.099%, saving 10% of the local median salary ($3,774/year) would earn an additional $117 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Roanoke, Virginia Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Roanoke, Virginia.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current VA Avg APY | 3.099% | View Savings Rates | 0.711%(Standard MMA) | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✓ Often yes | ✗ No | ✗ No | ✗ No |
| Debit / ATM Card | ✓ Often yes | Some institutions | ✗ Rarely | ✗ No |
| Typical Min Deposit | $0 to $2,500 | $0 to $100 | $25 to $100 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Active savers wanting flexibility + check writing | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Locking in a rate for a defined period |
APY data reflects Roanoke, Virginia averages tracked in our database as of October 31, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Roanoke, Virginia Money Market Account Calculator
See how much a money market account can earn you. Enter your deposit, monthly contribution, and time frame, or click any current Roanoke, Virginia rate on the right to apply it instantly. Interest compounds monthly.
Assumes monthly compounding and a constant APY for the full period. Money market rates are variable and can change at any time, so actual earnings will differ. Estimates are for informational purposes only.
Money Market & Savings Calculators for Roanoke, Virginia
At VA’s top money market rate of 4.00% from Beacon Credit Union Incorporated, a $10,000 deposit earns $400 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Roanoke, Virginia earner is roughly $9,400. At 3.099% APY in a money market account, saving $790/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountVirginia’s high-yield money market average is 3.099% APY, variable, always accessible, and often with check-writing. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Roanoke, Virginia earner makes $37,740/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.099% APY.
Retirement PlannerA $25,000 money market balance earning 3.099% APY grows to roughly $46,024 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Roanoke, 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 Roanoke, 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 Roanoke, 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 Roanoke, Virginia
What are money market account rates in Roanoke, Virginia today?
What is a Money Market Account (MMA)?
Are Money Market accounts in Roanoke, Virginia safe?
How often do MMA rates change in Roanoke, Virginia?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Roanoke, Virginia?
Can I lose money in a Money Market Account?
What is the difference between a Money Market Account and a Money Market Fund?
Do I have to pay taxes on money market account interest?
Are online banks better than local banks in Roanoke, Virginia for money market accounts?
Best Money Market Rates in Roanoke, Virginia
- Beacon Credit Union Incorporated
Premier Money Market: 4.00% APY - Freedom First Federal Credit Union
Indexed Business Money Market: 3.35% APY - ValleyStar Credit Union
Performance Money Market (Business): 3.04% APY - Virginia Credit Union
Premium Plus Money Market: 2.75% APY - Atlantic Union Bank
Performance Money Market: 2.25% APY
Roanoke, Virginia Rates & Resources
