Highest Ohio CD Rates: January 5, 2011
Certificates of deposit accounts are popular among investors because they tend to offer higher interest rates than traditional savings accounts. However, not all CD rates are competitive with other deposit accounts.
Ohio Banking Rates compiles rates data from a database of over 3,000 banks and credit unions to bring you the most up-to-date CD rate information and help you find the best accounts.
Finding the Best CD Rates in Ohio
Currently, the average 6 month CD rate in Ohio is 0.59% APY, while 12 month CDs are 0.84% APY and 24 month CDs average 1.24% APY. Look for financial institutions offering rates that exceed these averages to decide where the best CD rates are.
Banks and Credit Unions with the Highest CD Rates in Ohio
In order to save you the trouble of tracking down the highest CD rates in Ohio, we’ve compiled a list of the banks and credit unions with the best offers today:
Best 6-Month CD Rate
- Cleveland Selfreliance Credit Union: 1.21% APY
Highest 12-Month CD Rate
- Fort Washington Savings Company: 1.50% APY
Top 24-Month CD Rate
- Allwealth Credit Union: 2.00% APY
Remember that you have plenty of choices when it comes to certificate of deposit accounts, so be sure you make the most of your money by choosing an account with a high rate. Not all CDs are created equal, but you can rely on Ohio Banking Rates to bring you all the top rate information you need. You can also get contact information for any of the above banks, as well as the other financial institutions in your area, by viewing our list of Ohio banks.
Refer to the Ohio CD rates page for more CD information .