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Chesapeake Bank Rates

MORTGAGE RATES
Rate APR Points
30-Year Fixed Rate
4.875% 5.027% 1.500%
15-Year Fixed Rate
4.250% 4.547% 1.750%
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CD RATES APY
13-Month Special 1.25%
30-Month Special 2.35%
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As a community bank, we know that small businesses are the lifeblood of our region’s economy. That’s why Chesapeake Bank makes it easy to get the financing you need to start or expand your company. For example, if you:

Have to invest in equipment or machinery – Ask about a business term loan. We offer competitive rates and personalize repayment schedules to meet your needs. Our business loans also can be used to fund leasehold improvements.

Need to cover fluctuating cash flow – Ask about a business line of credit, which can finance inventory or help you even out seasonal variations in sales. Or turn your receivables into cash with our CASH FLOW PROGRAM.

Would like to buy or build a business facility – Ask about a commercial mortgage. You’ll gain the advantage of local knowledge, quick decisions and our in-house servicing, plus terms that fit your business.

Want to purchase vehicles – Ask about our financing programs for commercial autos and trucks, which are designed with your business in mind.

Ask your business banker for more information about your lending options, or contact one of our LOCAL OFFICES.