Virginia Commerce Bank
Virginia Commerce Bank is a mid-sized bank headquartered in Arlington, VA. The bank operates 28 branches in 1 state (Virginia). Virginia Commerce Bank has deposits of $2.2 billion, and was established in May 1988.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: VCB CD, VCB IRA CD, Mega CD, Mega MMA, VCB MMA, Mega Savings, Interest Checking, Medallion Checking and Mega Checking.
Current Virginia Commerce Bank Rates
| Name | Term | APY | Min Deposit | |
| VCB CD | 3 months | 0.15 % | $500 | |
| 6 months | 0.20 % | $500 | ||
| 1 year | 0.35 % | $500 | ||
| 18 months | 0.40 % | $500 | ||
| 2 years | 0.50 % | $500 | ||
| 30 months | 0.55 % | $500 | ||
| 3 years | 0.75 % | $500 | ||
| 4 years | 1.00 % | $500 | ||
| 5 years | 1.25 % | $500 | ||
| VCB IRA CD | 3 months | 0.15 % | $500 | |
| 6 months | 0.20 % | $500 | ||
| 1 year | 0.35 % | $500 | ||
| 18 months | 0.40 % | $500 | ||
| 2 years | 0.50 % | $500 | ||
| 30 months | 0.55 % | $500 | ||
| 3 years | 0.75 % | $500 | ||
| 4 years | 1.00 % | $500 | ||
| 5 years | 1.25 % | $500 | ||
| Mega CD | 4 years | 1.25 % | $1,000 | |
| 5 years | 1.75 % | $1,000 | ||
| No Penalty CD | 1 year | 0.25 % | $1 |
About Virginia Commerce Bank
Virginia Commerce Bank is a Virginia state-chartered, full-service community bank that is a wholly-owned subsidiary of Virginia Commerce Bancorp, Inc. We opened our first branch in 1988 in Arlington, Virginia, where we maintain our headquarters. VCB pursues a traditional community banking strategy, offering a full range of business and consumer banking services through our expanding network of branch offices, a residential mortgage office and an investment services office.
Despite adverse economic conditions and the housing market downturn, we continue to be strong and profitable. We recently increased our capital by $96 million, with approximately $25 million of that total from a direct investment by the Bank’s Board of Directors and certain members of the Executive Management team. This is a testament to their faith in the soundness and viability of our organization. The additional $71 million in capital came from the U.S. Treasury’s Capital Purchase Program which is designed to inject additional capital into healthy banks so that they may promote economic growth through their lending activities.
At VCB, we’re privileged to have earned our customers’ satisfaction and trust. Since our founding and for years to come, Virginia Commerce Bank has been and will remain committed to Making the Difference for you.
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