Richmond Fed · District 5

Bank fees in Virginia

Name: Virginia Bank and Credit Union Fees Compared
Creator: Fee Insight

Overdraft and NSF medians are about the same as the national median. The minimum balance median is $3.50 above the national median.

institutions with published feesof 151 headquartered in Virginia: 82
medians fall within the national middle 50%: 14 of 14

Data refreshed Nov 2, 2026

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Local fee benchmarks

Fairfax's non-network ATM median is $2; Virginia's is $1.25.

Non-Network ATM median by market, institutions with a branch thereVirginia $1.25, 48 institutions

Virginia's 8 largest markets by institutions with a branch there; marker size follows that count. Every Virginia city on the map

Overdraft (OD)NSF / Returned Item Monthly Maintenance Non-Network ATM Stop Payment Wire Transfer (Domestic Out)Paper Statement Debit Card Replacement

Fairfax
10 institutions
$2
Virginia
48 institutions
$1.25
Richmond Fed district
144 institutions
$1.50
U.S.
1,649 institutions
$1.50

Who each median counts

Fairfax: With a branch in Fairfax, wherever headquartered
Virginia: Headquartered in Virginia
Richmond Fed district: Headquartered in the Richmond Fed district
U.S.: Every institution in the index

Fairfax

Fee data available for 20 of 48 institutions

Compare Fairfax fees

Sources: Branches from the FDIC Summary of Deposits (banks) and NCUA (credit unions). One value per institution: its highest overdraft fee, the middle of its schedule for other fees. A median needs at least 5 institutions.

Virginia's banks and credit unions

82 of the 151 institutions headquartered in Virginia have published fees here, and 81 of them have fees that count toward the medians on this page. Figures here count those headquartered institutions, except branches and deposits, which count every institution serving the state.

Banks versus credit unions

Credit unions have lower medians on 7 of 12 fees, among institutions headquartered in Virginia.

lower at credit unions: 7
lower at banks: 1
about the same: 4

12 fees with both a bank and a credit union median in Virginia.

Lower at credit unions

Lower at banks

About the same

Fee

Overdraft (OD)

Credit unions $5 lower in Virginia.

$35

Banks

median of 16

$30

Credit unions

median of 44

One fee with a lower bank median

Deposited Item Return

$10

Banks

median of 13

$25

Credit unions

median of 29

Every fee, banks against credit unions

Bank and credit union medians in Virginia; the lower median is shaded.
Fee	Banks	Credit unions	Difference
Overdraft (OD)	$35	$30	$5
NSF / Returned Item	$30	$30	Same
Monthly Maintenance	$8.50	$6	$2.50
Non-Network ATM	$1.25	$1.25	Same
Wire Transfer (Domestic Out)	$30	$20	$10
Wire Transfer (Int'l Out)	$60	$40	$20
Stop Payment	$35	$30	$5
Cashier's Check	$10	$5	$5
Debit Card Replacement	$10	$10	Same
Deposited Item Return	$10	$25	$15
Wire Transfer (Domestic In)	$15	$2.50	$12.50
Paper Statement	$4	$4	Same

Fee medians by peer group

Institutions under $300M in assets in Virginia

Monthly Maintenance runs $2.51 below the Virginia median.

Overdraft (OD)
Group median:
$30
of 28 institutions publishing
State median:
$30
of 60 institutions publishing
Difference: Within 1%
NSF / Returned Item
Group median:
$30
of 32 institutions publishing
State median:
$30
of 61 institutions publishing
Difference: Within 1%
Monthly Maintenance
Group median:
$5.48
of 10 institutions publishing
State median:
$7.99
of 36 institutions publishing
Difference: $2.51 below
Non-Network ATM
Group median:
$1
of 23 institutions publishing
State median:
$1.25
of 48 institutions publishing
Difference: $0.25 below
Wire Transfer (Domestic Out)
Group median:
$20
of 25 institutions publishing
State median:
$25
of 59 institutions publishing
Difference: $5 below

Difference: the group median against the Virginia median, up arrow above, down arrow below. Colour shows direction only: above or below the median is not good or bad.

Show all 14

Wire Transfer (Int'l Out)
Group median:
$37.50
of 16 institutions publishing
State median:
$50
of 42 institutions publishing
Difference: $12.50 below
Stop Payment
Group median:
$30
of 33 institutions publishing
State median:
$30
of 70 institutions publishing
Difference: Within 1%
Cashier's Check
Group median:
$5
of 21 institutions publishing
State median:
$5
of 56 institutions publishing
Difference: Within 1%
Debit Card Replacement
Group median:
$10
of 32 institutions publishing
State median:
$10
of 58 institutions publishing
Difference: Within 1%
Deposited Item Return
Group median:
$29
of 21 institutions publishing
State median:
$20
of 42 institutions publishing
Difference: $9 above
Wire Transfer (Domestic In)
Group median:
$5
of 13 institutions publishing
State median:
$5
of 37 institutions publishing
Difference: Within 1%
Paper Statement
Group median:
Too few to compare
of 5 institutions publishing
State median:
$4
of 17 institutions publishing
Difference: Not compared
OD Protection Transfer
Group median:
Too few to compare
of 5 institutions publishing
State median:
$5
of 16 institutions publishing
Difference: Not compared
Minimum Balance
Group median:
Too few to compare
of 7 institutions publishing
State median:
$10
of 10 institutions publishing
Difference: Not compared

How groups are counted

Each institution counts once: its highest overdraft fee, the middle of its schedule for other fees.
Size bands come from FDIC and NCUA total assets, bank regulator from the FDIC registry and credit union charter from NCUA.
The Virginia median counts every institution headquartered in the state that publishes the fee.

Source: Institutions headquartered in Virginia with verified fees, Bank Fee Index; size, regulator and charter from FDIC and NCUA records. A group median needs at least 8 institutions. Data as of Nov 2, 2026.

Who serves Virginia

The five largest banks hold 67% of bank deposits in Virginia. 151 banks and credit unions are headquartered here; 1,824 bank branches and 603 credit union branches serve the state, wherever headquartered.

Capital One, National Association17.1% · $54.5B across 20 branches
Truist Bank15.6% · $49.7B across 259 branches
Bank of America, National Association14.7% · $46.8B across 98 branches
Wells Fargo Bank, National Association12.6% · $40.3B across 179 branches
Atlantic Union Bank7.1% · $22.6B across 126 branches
Every other bank33.0% · $105.2B

41% of the 56 banks hold $100M to $1B in assets

FDIC asset-size groups

31% of the 95 credit unions hold $10M to $100M in assets

NCUA asset-size groups

Source: Institutions headquartered in Virginia, tracked by Fee Insight. Total assets from FDIC and NCUA data, grouped the way each regulator reports them: the FDIC asset-size groups for banks and the NCUA groups for credit unions. Bank deposits from the FDIC Summary of Deposits, 2026, for branches in Virginia; credit union branches from NCUA. Leading banks count banks with 10 or more branches in the state.

Fee income

Virginia bank service charges rose 14.7% from Q2 2025 to Q2 2026. Credit union fee income is a wider measure than bank service charges, so the two charts stay separate and are never added together.

Banks: service charges on deposit accounts

$133.7MQ2 2026

+14.7% from Q2 2025

Credit unions: all fee income

$243.3MQ2 2026

+15.8% from Q2 2025

Source: Institutions headquartered in the state. Banks: service charges on deposit accounts, FDIC call reports. Credit unions: all fee income, NCUA call reports. Credit union year-to-date income is split into quarters; a quarter shows once most institutions have filed.

Free report

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The Virginia medians against the U.S., sent to you and updated as schedules are verified.

Virginia versus the Richmond district

Higher in Virginia: wire transfer +⁠$5, wire transfer +⁠$5, minimum balance +⁠$4.50 and 2 more. Lower in Virginia: wire transfer −⁠$5, overdraft −⁠$0.50, non-network ATM −⁠$0.25. The other 6 fees are about the same.

Wire Transfer (Domestic Out)
Virginia $25 (59 inst.) · District $20 (201 inst.)
+$5
Wire Transfer (Int'l Out)
Virginia $50 (42 inst.) · District $45 (124 inst.)
+$5
Wire Transfer (Domestic In)
Virginia $5 (37 inst.) · District $10 (123 inst.)
−$5
Minimum Balance
Virginia $10 (10 inst.) · District $5.50 (46 inst.)
+$4.50
Paper Statement
Virginia $4 (17 inst.) · District $3 (85 inst.)
+$1

Virginia median against the Richmond district median, by fee
Fee	Virginia	District	Gap
Wire Transfer (Domestic Out)	$2559 inst.	$20201 inst.	+$5
Wire Transfer (Int'l Out)	$5042 inst.	$45124 inst.	+$5
Wire Transfer (Domestic In)	$537 inst.	$10123 inst.	−$5
Minimum Balance	$1010 inst.	$5.5046 inst.	+$4.50
Paper Statement	$417 inst.	$385 inst.	+$1

What the Fed sees in the district

“The Fifth District economy continued to grow at a moderate pace this cycle.”

Beige Book, Richmond district, October 2026 Hamilton sets it beside an institution's own fees

Open the Richmond district report

Source: Both medians count institutions by headquarters; the district takes in Virginia and the rest of the Federal Reserve's Richmond district. Medians from each institution's own published schedule, one value per institution; a median needs at least 5. A gap under 1% reads as about the same. Federal Reserve Beige Book, Richmond district.

Virginia versus the U.S.

5 of 14 Virginia medians sit above the U.S. median. Virginia medians count institutions headquartered in Virginia; U.S. medians count every institution in the index.

Overdraft (OD)

$30

Median of 60 Virginia institutions. U.S. $30.

Virginia institutionsNational middle range

Explore 29 additional Virginia fee categories in Hamilton.

Method: Findings rank only fees with at least 10 Virginia institutions. Fees with fewer appear in the list, unranked. The national middle range runs from the 25th to the 75th percentile of U.S. institutions.

National context

Virginia unemployment was 3.6% in September 2026, against 4.2% for the U.S.

Virginia

Unemployment rate, against the U.S.

VirginiaU.S.

Sep 2021 to Sep 2026

Median household income in Virginia: $93K (2024).

United States

Bank services prices, change over 12 months

Sep 2021 to Sep 2026

+1.0% in the 12 months to Sep 2026, nationally.

Source: BLS unemployment and the BLS CPI for checking accounts and other bank services; Census ACS 2024 median household income. The CPI is national; it has no state figure.

More Virginia data: fee complaints to the CFPB

Fee complaints to the CFPB, 2025

Per $1 billion of deposits.

Richmond district3.0
U.S.1.1

7 Virginia institutions are matched to CFPB records, under the 10 a rate needs.

Source: CFPB Consumer Complaint Database, fee-related issues. Only institutions matched to their CFPB company record count, and a rate needs 10 of them.

Where does your institution sit?

Hamilton, the Fee Insight workspace, sets an institution's own fees beside institutions its size in Virginia.

See Hamilton plans Or ask for a demo

From 81 Virginia banks and credit unions' own published fee schedules, one value per institution; a median needs at least 5 institutions. Data as of Nov 2, 2026. Methodology

Bank fees in Virginia

Overdraft and NSF medians are about the same as the national median. The minimum balance median is $3.50 above the national median.

institutions with published feesof 151 headquartered in Virginia

medians fall within the national middle 50%

14 of 14

Data refreshed Nov 2, 2026

Fee

Banks

Credit unions

Difference

Overdraft (OD)

$35

$30

NSF / Returned Item

$30

Same

Monthly Maintenance

$8.50

$2.50

Non-Network ATM

$1.25

Same

Wire Transfer (Domestic Out)

$30

$20

$10

Wire Transfer (Int'l Out)

$60

$40

$20

Stop Payment

$35

$30

Cashier's Check

$10

Debit Card Replacement

$10

Same

Deposited Item Return

$10

$25

$15

Wire Transfer (Domestic In)

$15

$2.50

$12.50

Paper Statement

Same

Fee

Virginia

District

Lower in Virginia Higher in Virginia

Gap

Wire Transfer (Domestic Out)

$2559 inst.

$20201 inst.

+$5

Wire Transfer (Int'l Out)

$5042 inst.

$45124 inst.

+$5

Wire Transfer (Domestic In)

$537 inst.

$10123 inst.

−$5

Minimum Balance

$1010 inst.

$5.5046 inst.

+$4.50

Paper Statement

$417 inst.

$385 inst.

+$1