Top Ohio CD Rates- November 29, 2010
In general, CD accounts are one of the safest forms of investment. Ohio certificate of deposit account rates fluctuated through out November, and are projected to decrease approaching the new year. In order to really capitalize using this investment route, it is important to locate the highest CD rate in your area. Finding the best rate will help you maximize your savings faster. The information provided below will help make this a less time consuming process.
Typical CD Rates in Ohio
Knowing the average CD rate in your state will help you understand the realistic range of interest rates you’re likely to find, as well as pinpoint the truly outstanding offers. Right now, the average 6-month CD rate in Ohio is 0.62% APY, while the average 12-month CD interest rate is 0.86% APY and two year CDs come in at 1.28% APY. There are plenty of banks and credit unions in Ohio that beat these rates, however–you just have to know where to find them.
Banks and Credit Unions with the Best Ohio CD Rates
The following are the OH banks and credit unions that offer CD rates well above the state average: Best 2 year CD rate in OH
- The Peoples National Bank of Mount Pleasant at 2.02% APY
Top 1 year CD rate in OH
- Allwealth Credit Union at 1.50% APY
Highest 6 month CD rate in OH
- Cleveland Self reliance Credit Union at 1.21% APY
If you would like to open a CD account with one of the above banks, view the directory of Ohio banks for contact information so you can begin growing your savings today.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.