Ohio Banking Rates

Today’s Average Ohio Interest Rates

Whether you’re looking for a simple savings account or longer-term commitment like a certificate of deposit, the interest rate it earns is very important. The best rates depend on where you live, as some locales have higher rates that others. That’s why knowing the average interest rates in your home town, like the average Ohio interest rates, will help you determine which banks and credit unions near you have the best offers on deposit accounts.

Below is a look at the average interest rates across a variety of accounts in Ohio.

Average Savings Account Interest Rate in Ohio

Out of all the financial institutions in Ohio, there are [accountcount type=”savings”] savings accounts available. The highest savings rate in the state is [accountlist type=”savings” order=”desc” count=”1″ bankname=”off”] APY and the lowest is [accountlist type=”savings” order=”asc” count=”1″ bankname=”off”] APY.

The average Ohio savings rate for today is [accountaverage type=”savings”] APY.

Average Ohio CD Rates

Generally, the longer the term on your certificate of deposit, the higher the interest rate it earns. Here are the average 6, 12- and 24-month Ohio CD rates:

6-Month CD

There are a total of [accountcount type=”6″] CDs available in the state today with a term of six months. Of those accounts, the highest rate is [accountlist type=”6″ order=”desc” count=”1″ bankname=”off”] APY, while the lowest is [accountlist type=”6″ order=”asc” count=”1″ bankname=”off”] APY.

The average 6-month CD rate among all of these accounts is [accountaverage type=”6″] APY.

12-Month CD

You can currently find [accountcount type=”12″] accounts in the state with a 12-month term. The best rate we have in our database is [accountlist type=”12″ order=”desc” count=”1″ bankname=”off”] APY. The lowest 12-month CD rate is presently [accountlist type=”12″ order=”asc” count=”1″ bankname=”off”] APY.

The average 12-month CD rate in Ohio is [accountaverage type=”12″] APY right now.

24-Month CD

Out of a total [accountcount type=”24″] accounts available, the highest 24-month CD rate is currently [accountlist type=”24″ order=”desc” count=”1″ bankname=”off”] APY. On the other end of the spectrum is the lowest rate of [accountlist type=”24″ order=”asc” count=”1″ bankname=”off”] APY.

The average 24-month CD rate in Ohio today is [accountaverage type=”24″] APY.

Please note these rates are accurate as of July 21, 2011. Rates are subject to change at any time at the discretion of the individual financial institutions. Please verify rates before opening an account.