Best Banks & Credit Unions in Charlottesville, Virginia

Banks and credit unions serving Charlottesville, Virginia. Compare up to 4.00% APY, fees, minimums and membership rules, dated when we read them.

This page covers banks, credit unions, and local branches available to residents of Charlottesville, Virginia. All rankings inherit from the Virginia state directory. Every institution listed is licensed to serve Charlottesville residents and is either headquartered in Virginia or operates branches in the metro.

Top options in Charlottesville

• PenFed Credit Union: 4.00% APY. Pentagon Federal Credit Union (PenFed) is headquartered in Tysons, VA and serves military members, government employees, and eligible family members with competitive deposit rates.
• John Marshall Bank: 3.95% APY. 12 Months Certificate of Deposit: $500 minimum deposit to open and $500 daily balance to earn the APY; may also be used as an Individual Retirement Account; quoted CD rates are for individual CDs of up to $1 million. Read Sep 7, 2026 on johnmarshallbank.com. Rates as of 2026-09-01 per the page.
• Virginia Credit Union: 3.75% APY. 12 month certificate: $500 minimum opening deposit and $500 minimum to earn APY; larger tiers pay 3.76% ($5,000), 3.85% ($50,000) and 3.95% ($100,000) APY. Read Sep 7, 2026 on vacu.org. Rates as of 2026-09-06 per the page.
• Chesapeake Bank: 3.75% APY. 13 month Certificate (SPECIAL): Chesapeake Bank prints no 12-month term; the 13 month is the nearest and the page marks it SPECIAL; $1,000 minimum balance; the standard terms are 30 day and 90 day (0.50%), 182 day (2.55%), 18 month (4.00%), 2 year (3.90%), 3 year (2.15%) and 5 year (2.75%). Read Sep 7, 2026 on ches.bank. Rates as of 2026-09-01 per the page.
• Apple Federal Credit Union: 3.70% APY. 12 Month Certificate: Minimum deposit of $500 required; a 12-Month Starter Certificate pays 5.00% APY but is capped at $5,000 and limited to one per membership; Jumbo 12 Month pays 3.75% on $50,000 or more. Read Sep 7, 2026 on applefcu.org. Rates as of 2026-09-07 per the page.
• Langley Federal Credit Union: 3.70% APY. 12 Month Certificate: Minimum to open is $500; read on langleyfcu.org/deposits-certificate; an 11-month promotional certificate pays 4.00% APY on new money only. Read Sep 7, 2026 on langleyfcu.org. Rates as of 2026-08-27 per the page.

Other Virginia cities

• Banks in Virginia Beach
• Banks in Norfolk
• Banks in Chesapeake
• Banks in Richmond
• Banks in Alexandria
• Banks in Roanoke
• Banks in Lynchburg

See the full Virginia banks directory for every institution we've verified in the state, plus the underlying methodology.