Best CD Rates in Ohio
If you’re looking for the best CD rates in Ohio, you’ve come to the right place. We here at Online Banks Blog like to keep our readers appraised of the latest and we sometimes look to local trends to see how things are shaping up in some areas versus others.
The best Ohio CD rates will depend upon your preferred term. We’ll look at popular terms and rank results by annual percentage yield (APY).
1 Year Term
Ohio’s best CD rates for the one year term are from AmTrust Bank, with an APY of 2.25% and a $1,000 minimum deposit requirement. Next is Third Federal with a 2.00% APY and a $500 minimum deposit.
2 Year Term
The best CD rates in Ohio for a two year term are also at Third Federal, with a 2.25% APY and a $500 minimum deposit. Right behind that is the Huntington Bank offer of 2.09% APY with a $1,000 deposit minimum.
3 Year Term
The best Ohio CD rates for a three year term are from both First FS with a 2.50% APY and a $500 minimum deposit requirement and Third Federal with the same APY and minimum. Dollar Bank comes in second with a 2.00% APY and a $2,500 minimum deposit.
5 Year Term
This longer term of five years shows the best CD rates in Ohio at First FS and Third Federal again with a 3.25% APY and a $500 minimum deposit requirement at each bank. Dollar Bank comes up second with a 3.00% APY and a $2,500 minimum deposit.
All of the banks listed here are FDIC insured. If any of Ohio’s best CD rates that we’ve listed here are of interest to you, lock your rate in now as these rates change regularly.
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