Cleveland Bank CD Rates
The best Cleveland Bank CD rates, unfortunately, are lower than what the credit unions in this area of the country are currently offering. But the advantage of using a bank is that anyone is eligible to open an account and some of the rates are still higher than the national average.
The Lorain Bank first received its state charter in 1905. In 1961, it received a national charter and today has 23 branch locations and 29 ATM machines in Lorain, eastern Erie, Western Cuyahoga, and Summit counties. This Cleveland area bank has several CD special rate offers to their customers. The 13 month CD has an APY of 1.15%. The 19 month CD has an APY of 1.50%. The 24 month CD has an APY of 1.65%. The 36 month CD has an APY of 2.25% and the 60 month CD has an APY of 3.00%. The minimum deposit is $1000. The rates were posted on June 7, 2010 and were still current as of June 8, 2010.
The Cleveland Bank first opened its doors in 1901 as the Triangle Bank. In 1904, the shareholders changed the name to the Cleveland Bank which has been used ever since. Their 6 month CD has an interest rate of 1.29% and an APY of 1.29%. The 1 year CD has an interest rate of 1.49% and an APY of 1.50%. The 18 month CD has an interest rate of 1.64% and an APY 1.65%, and the 2 year CD has an interest rate of 1.79% and an APY of 1.80%. The minimum deposit is $2500. These CDs are also eligible to be IRSAs but the deposit requirement are different. These bank rates were posted on December 1, 2009 and were still current as of June 8, 2010.
These are two of the better Cleveland Bank CD rates currently available, but all rates are subject to change without notice.
For additional resources involving financial help, please view Chase Hours on this website.
Another resource for financial information of interest can be found at Colorado CD Rates, which is available on our sister website of www.bestcdratestoday.com. For even more information on investing, please view Bank United CD Rates on another sister site, bankcdratesonline.com.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.
Related Posts:
Comments
2 Comments on Cleveland Bank CD Rates
-
Capital One Auto Loans | Online Banks on
Wed, 9th Jun 2010 8:28 am
-
Best Credit Unions | Online Banks on
Wed, 9th Jun 2010 8:46 am
[...] additional resources involving financial help, please view Cleveland Bank CD Rates on this [...]
[...] additional resources involving financial help, please view Cleveland Bank CD Rates on this [...]
Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
