Ohio Banking Rates

Why just put your money in any Ohio bank account when you could actually earn money while saving? There are so many options today, you can have your pick of the best bank accounts and rates. While shopping around for the account that best suits your needs, it’s important that you consider a few key factors, including: Interest rates, banking fees and minimum deposit amounts.

Now that we’re in a new month, it’s a good time to take a look at current interest rates in Ohio.

Ohio Banking Rates has compiled a list of the best interest rates in the city for savings accounts and certificates of deposit. Find out if your accounts measure up or if it’s time to open a new one with a better rate.

CD rates in have remained relatively steady over the past month, but there has been some movement. For anyone searching for the best CD rates today, below is a list of the top offers from banks and credit unions in , Ohio:

Highest 6-Month CD Rates

• G.I.C. Credit Union: 3.5%
• American Greetings Credit Union: 2.01%
• Lan-Fair Credit Union: 1.81%

• G.I.C. Credit Union: 4%
• American Greetings Credit Union: 2.52%
• B & O Credit Union: 2.27%

• G.I.C. Credit Union: 4%
• American Greetings Credit Union: 2.78%
• Firelands Credit Union: 2.6%

CD Rates in Ohio have been painfully low for quite a while, especially ever since the economic downturn in 2008. However, there may be hope for better interest rates in the near future. Banks, credit unions and other financial institutions are slowing increasing their rates, especially on longer-term certificates of deposit.

Ohio Banking Rates is a fantastic resource for finding you ways to save on so many of your financial commitments. It doesn’t matter how much money you make, or whether your credit is perfect or not. The bottom line is that Ohio Banking Rates could find the information you need to start saving more of your money now.

Ohio Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

At Ohio Banking Rates, you can compare checking and savings account rates in Ohio. Our data is always current and up-to-date to ensure that you get the best rates possible.

As you make this decision to choose a Ohio bank, we can also help you:

• Improve your credit with a free credit report
• Compare national checking account rates
• Decide whether you need a savings account or to take advantage of high CD rates

Tell us your dreams and goals and we’ll contact our network of banks and financial advisors in order to find you some great deals. Before you open an account, be sure to get your free credit report. It’s fast, easy and free.

One of the best ways to grow your savings in Ohio, beyond getting the best interest rates from your bank, is to set-up an automatic savings plan. You can work with your bank to automatically take any amount from a checking account or a pay check that is direct deposited or from other accounts and add to your savings account each month. This way, you know your savings account is growing every month no matter what with the automatic amount plus the interest payments from your bank based on the bank rate.