Attention Members: You may experience intermittent account access on Sunday, October 25 from 1:00 am until 9:00 am as we perform system maintenance. SmartLink-Home banking, Infoline-Audio Response may not be available, and ATM/debit card access may be limited. 

If you use Bill Pay, please be aware the system will be unavailable from 11:00 pm on Saturday, October 24 to 5:00 am on Sunday, October 25. Thank you for your patience as we do annual maintenance.

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Virginia Beach Schools Federal Credit Union
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What are your deposit rates?

Many different types of deposit products are offered. From Term Share to Money Market, we can help you with all your deposit needs. Please scroll the rates below to learn more.

Do you offer investment products?

We partner with Member Wealth Management to offer other investment products. Please visit our Investment page to learn more.

If I have more questions?

Please call or visit a branch if you have any more questions. Not a member? Learn how you can join!

Deposit Account Rates

Term Share Account1
Effective Date: Dividend rates as of 09-14-20
AmountTermDividend RateAnnual Percentage Yield
$1,000 minimum 6 mos. 0.05%** 0.0500%**
$1,000 minimum 12 mos. 0.10%** 0.1001%**
$500 minimum "Builder" 12 mos. 0.10%** 0.1001%**
$1,000 minimum 24 mos. 0.15%** 0.1501%**
$1,000 minimum 36 mos. 0.20%** 0.2002%**
$1,000 minimum 48 mos. 0.25%** 0.2502%**
$250 min. (youth account) 12 mos. 0.10%** 0.1001%**

Individual Retirement Accounts1
Dividend RateAnnual Percentage Yield
Dividend Rate 12-31-20
0.01%** 0.0100%**
Dividend Rate 09-30-20
0.0500%** 0.0500%**

Term Share Individual Retirement Account1
Effective Date: Dividend Rate as of 09-14-20
AmountTermDividend RateAnnual Percentage Yield
$1,000 minimum 12 mos. 0.10%** 0.1000%**
$1,000 minimum 24 mos. 0.15%** 0.1500%**
$1,000 minimum 36 mos. 0.20%** 0.2002%**
$1,000 minimum 48 mos. 0.25%** 0.2502%**

Prime Share
Effective Date: Dividend Rate as of 08-31-20
Dividend RateAnnual Percentage Yield
($100 average daily balance to earn a dividend) Minimum opening balance $25.002
0.01%** 0.0100%**

Youth Share
Effective Date: Dividend Rate as of 08-31-20
Dividend RateAnnual Percentage Yield
($5 average daily balance to earn a dividend)
0.01%** 0.010%**

Holiday Club
Effective Date: Dividend Rate as of 08-31-20
Dividend RateAnnual Percentage Yield
($200 average daily balance to earn a dividend**)
0.01%** 0.010%**

Secondary Share
Effective Date: Dividend Rate as of 08-31-20
Dividend RateAnnual Percentage Yield
($300 average daily balance to earn a dividend**) (Customize your account’s name in home banking)
0.010%** 0.010%**

SmartChoice Money Market
Effective Date: Dividend Rate as of 08-31-20
TierAnnual Percentage Yield
Tier One:
$5,000 – $24,999
0.01%**
Tier Two:
$25,000 – $49,999
0.02%**
Tier Three:
$50,000 and up
0.03%**

** Rates may change without notice.

1Early withdrawal penalties may apply. 2Inactivity fees may reduce the earnings on your account.

Certificates

Dividend rates fixed for the term. Penalties for early withdrawal may apply.

Money Market Disclosures:
The minimum to open the accounts is $5,000.00. An account will pay monthly dividends on the average daily balance of $5,000.00 or more (ask for details). You can make up to 6 withdrawals each month. Limited check writing capabilities, free checks provided.