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Chesapeake Bank Rates

MORTGAGE RATES
Rate APR Points
30-Year Fixed Rate
6.375% 6.517% 1.250%
15-Year Fixed Rate
5.875% 6.067% 1.000%
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CDRATES APY
7-Month Special 3.25%
13-Month Special 3.40%
19-Month Special 3.60%
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CHESAPEAKE FINANCIAL
SHARES STOCK
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Switch to Chesapeake Bank

Switch to Chesapeake Bank

We make it easy for you to start banking with us. Visit one of our convenient local offices to open your accounts. Then follow the steps below.

  • Stop using your old accounts. Wait until all of your checks and deposits have cleared. Balance your account so you know the closing amount. And be sure to destroy unused checks, deposit slips, ATM cards and debit cards.
  • Switch your direct deposits. If you have a paycheck or other recurring income automatically deposited for you, make sure it follows you to Chesapeake Bank.
  • Switch your automatic payments. If your mortgage, insurance premium or other recurring bill is automatically debited, make sure future payments come from your new Chesapeake Bank account.
  • Switch your online bill pay. If you banked online with your previous financial institution, print out a list of payees and their information before you close your old account. Then set up Chesapeake Bank’s Online Banking with Free Bill Pay.

Changes like these must be made in writing. For your convenience, we’ve provided forms that you can download, complete on your computer, and print.

ACCOUNT CLOSING LETTER
DIRECT DEPOSIT CHANGE LETTER for your employer
DIRECT DEPOSIT CHANGE FORM for the Federal Government if you receive Social Security or other federal income
AUTOMATIC PAYMENT AUTHORIZATION FORM