Ashland, Virginia Savings Rates - July 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
The best savings rates for Ashland, Virginia and the surrounding area include Primis BankPrimis Bank201 N Washington Hwy, Ashland, VA 23005A+5.0 ★Texas Ratio: 4.80%Real return: +1.20%APY minus 2.8% CPI (February 2026) Primis Business Savings at 4.00% APY, Atlantic Union BankAtlantic Union Bank302 Ashcake Rd, Ashland, VA 23005A+5.0 ★Texas Ratio: 1.56%Real return: -2.55%APY minus 2.8% CPI (February 2026) IRA Variable Rate Savings at 0.25% APY, Wells FargoWells Fargo67 E Main St, Ashland, OR 97520A5.0 ★Texas Ratio: 7.44%Real return: -2.75%APY minus 2.8% CPI (February 2026) Retirement High Yield Savings at 0.05% APY, SPECTRASPECTRAA+5.0 ★Texas Ratio: 6.72%Real return: +7.58%APY minus 2.8% CPI (February 2026) Brilliant Kids Savings at 10.38% APY, and Andrews Federal Credit UnionAndrews Federal Credit UnionA5.0 ★Texas Ratio: 11.23%Real return: +2.81%APY minus 2.8% CPI (February 2026) Online Savings Account at 5.61% APY.
Ashland has 9 local institutions in our database, with savings rates as high as 4.00% APY from Primis Bank at 201 N Washington Hwy, Ashland, VA 23005. 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.
Savings rates reflect recent market quotes and representative offers available to depositors in Ashland, Virginia and the surrounding area. Last Updated and Verified: July 27, 2026
Compare the Best Savings Rates in Ashland, Virginia & Surrounding Communities
Rates are accurate as of 7/1/2025 and may change after the account is opened. This account is only available online.
As Low As; On first $1,000.
**
For the Accelerate It Savings account, the dividend rate and annual percentage yield are subject to change without notice after account opening. APY dividend of 5.00% is earned on balances $100.00 to $5,000.99. Balances $5,001.00 and above will receive APY of 0.20%. One Accelerate It Savings per Social Security or Taxpayer Identification Number. For Accelerate It Savings accounts, you must have an open checking account located under the same membership number as the Accelerate It Savings account. If your checking account is closed for any reason, your Accelerate It Savings account will convert to a Regular Savings account. You must be 22 years or older to open an Accelerate It Savings account. Rate offers accurate as of 06/01/2025. APY is accurate as of the last dividend declaration date. Other rates and terms available. Fees may reduce earnings on the account. Membership eligibility required.
up to $19999
Qualifying balance up to $500.00
APY as high as
Compounding: Monthly
Boosted Rate; Base Rate: 3.50% ($0+)
Compounding: Monthly
When you add Direct Deposit to a new or existing Justice Federal Checking Account.
Qualifications Required: Direct deposit(s) of at least $500.00 to a Freedom Direct, Justice National, Beyond the Badge or Student checking account during a month.; Earn 4.00% APY* when you open a high-yield Freedom Direct Savings Account with Direct Deposit to a Checking account. No withdrawal fees. No monthly service fees. No minimum balance requirement. Direct Deposit and Automatic Transfers Available. With automatic transfers you can easily set recurring deposits to your Freedom Direct Savings. Remember, the more you save, the more you earn. With a rate of 4.00% APY* , you can sit back and watch your money grow!
That's more than 9X the national savings rate.
Earn 3.75% APY* on Daily Balances when you Maintain an Advantage Checking Account; Earn 3.25% APY* without an Advantage Checking Account
Open An Account
The Annual Percentage Yield (APY) is accurate as of 06/24/2026. This is a variable rate account. Rates are subject to change at any time without notice and are not guaranteed until the account is opened. Fees may reduce earnings.
Tiered rate account. Rate applies to balances from $250,000.00 up to $99,999,999.99.
Base Rate
Tiered rate account. Rate applies to the next $150,000.
Compounding: Monthly
Tiered rate account. Rate applies to the second $50,000.
Tiered rate account. Member must maintain at least $50,000 in the account to earn dividends. Rate applies to the first $50,000.
Qualifications Required: based on qualifying criteria**
APY=Annual Percentage Yield. Dividend Rates and APYs are variable and are subject to change. Certain fees and charges may apply to your share account as disclosed in the current Schedule of Fees. Assessed fees may reduce earnings.
APY=Annual Percentage Yield. Dividend Rates and APYs are variable and are subject to change. Certain fees and charges may apply to your share account as disclosed in the current Schedule of Fees. Assessed fees may reduce earnings.
Premium Rate
Qualifications Required: Active Truliant checking account with $500+ in monthly deposits from sources outside Truliant; Primary ownership of both checking and savings accounts; 10+ withdrawals per month; Premium Rate 3.200% APY on balances up to $25,000. Earn the premium rate for your first two statement cycles. Avoid a service fee by maintaining $1,000 average monthly account balance. One High Yield Savings account per membership. The Base Rate (lowest) Annual Percentage Yield (APY) will be displayed in the Account Details section of online and mobile banking for all accounts (0.10% APY may be listed)-even if you're actually earning a higher premium rate. Refer to your monthly account statement for your actual earnings and specific rate details.
Grow your funds faster and build wealth with market-leading rates of 3.15% APY.
Qualifications Required: Open Movement Rewards Checking Account or Minimum daily balance of $15,000 in the Movement Rewards Savings account; Digital statements must be activated; Qualifying balance up to $50,000.00
Assumes principal and interest/dividends remain on deposit for the entire year. Withdrawals will reduce earnings on the account. Earn and Learn available to members up through age 18. APY dividend of 2.96% is earned on balances $5.00- $2,500.00. Balances over $2,500.00 and above will receive APY of 0.20%. Rate offers accurate as of 02/13/2026. APY is accurate as of the last dividend declaration date. Other rates and terms available. Fees may reduce earnings on the account. Membership eligibility required.
Qualifications Required: 12 debit card purchases; Be enrolled in and agree to receive eStatements; Be enrolled in and log into Online Banking; Intro rate expires: 12 months; Regular APR: 19.99% - 29.99%
a top variable rate
RELATIONSHIP: APY
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying balance up to $100,000.99
No monthly maintenance charge. APY accurate as of 12/11/2025. APY/rate may change at any time before or after the account is opened. Fees may reduce earnings.
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.
Ashland, VA Savings Rate Trends
Compare local Ashland, VA savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Virginia high-yield savings rates fell 1.603 points over the past 7 days to 0.676% APY, down from 2.278%.
Virginia standard savings rates fell 0.218 points over the past 7 days to 1.034% APY, down from 1.252%.
Ashland, Virginia Savings Rate Forecast — Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current VA high-yield average and a Fed funds spread to project the likely rate trajectory for 2026–2027.
Savings 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 savings average of 0.676% 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: 1–2 Federal Reserve rate cuts of 25 basis points each over the next 12 months, based on current CME FedWatch consensus; savings institutions typically pass through 70–90% of rate cuts to deposit rates within 60–90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
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 Ashland, Virginia.
Savings Account Earnings in Ashland, Virginia
Annual interest earnings at current VA average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (0.676% APY) | Monthly Earnings | Standard Savings (1.034% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $33.78 / year | $2.82 | $51.71 / year | $4.31 |
| $10,000 | $67.55 / year | $5.63 | $103.41 / year | $8.62 |
| $25,000 | $168.88 / year | $14.07 | $258.53 / year | $21.54 |
| $50,000 | $337.75 / year | $28.15 | $517.05 / year | $43.09 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Ashland, Virginia savings rate averages as of July 28, 2026. | ||||
About Our Ashland, Virginia Savings Rate Database
MonitorBankRates found 3 institutions with branches in Ashland, plus 27 additional state-chartered and national online institutions available to Ashland residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.
Current top rate: Primis Bank offers a savings account at 4.00% APY with a minimum deposit of $1. Use the rate table above to compare all current offers in Ashland, Virginia.
How to Find the Best Savings Rates in Ashland, Virginia
What to compare when shopping for a savings account in Ashland, Virginia
To find the best savings APYs in Ashland, Virginia, start with credit unions and online-only banks — Ashland, Virginia has 12 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. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current VA high-yield savings average is 0.676% — but top local institutions are offering as high as 4.00%, so shopping around pays off.
Unlike a CD, savings account rates are variable — your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3–6 months of expenses in a liquid, FDIC-insured account. Ashland, Virginia high-yield savings rates currently average 0.676% APY — far above a typical checking account.
- Short-term savings goals (6–24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Ashland, Virginia institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally — 30 institutions in Ashland, Virginia report savings rates to our database.
- You’re among Ashland, Virginia’s 18.1% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- 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 → Ashland, Virginia CD rates
- You want check-writing flexibility → Ashland, Virginia money market rates
- You need daily transaction access → Ashland, Virginia checking rates
Ashland, Virginia Financial Snapshot
Local demographics and economic context for savers — Source: U.S. Census Bureau
18.1% of residents are 65 or older, in line with the national average of 17.3%. At today’s VA high-yield savings average of 0.676%, saving 10% of the local median salary ($2,888/year) would earn an additional $20 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Ashland, Virginia Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Ashland, Virginia.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current VA Avg APY | 0.676% | 1.034% | View MMA Rates | 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 | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 – $100 | $25 – $100 | $0 – $2,500 | $500 – $1,000 |
| Rate Risk | Rate may fall with Fed cuts | Rate may fall with Fed cuts | Rate may fall with Fed cuts | None — locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Ashland, Virginia averages tracked in our database as of July 28, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Ashland, Virginia
At VA’s top rate of 4.00% from Primis Bank, 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 Ashland, Virginia earner is roughly $7,200. At 0.676% APY, saving $600/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsVirginia’s high-yield savings average is 0.676% APY — variable and always accessible. 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 Ashland, Virginia earner makes $28,882/year. Track your income vs. expenses to find your monthly surplus — then put it to work at 0.676% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 0.676% APY grows to roughly $28,603 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 Ashland, Virginia savings 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 Savings Rate Data: We aggregate savings account rates for Ashland, 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 savings 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 Ashland, Virginia. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in VA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Ashland, Virginia
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Ashland, Virginia safe?
How often do savings rates change in Ashland, Virginia?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Ashland, Virginia?
How do I open a savings account in Ashland, Virginia?
Best Savings Rates in Ashland, Virginia
- Primis Bank
Primis Business Savings — 4.00% APY - Atlantic Union Bank
IRA Variable Rate Savings — 0.25% APY - Wells Fargo
Retirement High Yield Savings — 0.05% APY - SPECTRA
Brilliant Kids Savings — 10.38% APY - Andrews Federal Credit Union
Online Savings Account — 5.61% APY
