Top 6 month CD rate in Ohio crushing national average!
Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.
If you happen to reside in the state of Ohio and are in the market for a six month CD, you’re in luck! Steel Valley Federal Credit Union, based out of Warren Ohio, has a 6 month CD yielding 2.12% APY with a minimum deposit requirement of only $500. To put their offer in perspective, the current national average for 6 month certificate of deposits is only 1.03% APY.
How to Join SVFCU…
Complete a membership card designating a single or joint membership and forward it to Steel Valley Federal Credit Union Office, along with a check for $10.00 which will be deposited into your share savings account. Every member must maintain a minimum balance of $50.00 to retain membership. Once you become a member, you may remain a member even if you leave employment in the Field Of Membership, retire or move away from the area. Once a member, always a member at SVFCU!
Complete List of CD Rates…
|
CERTIFICATE |
RATE |
APY |
|
| 3 MONTHS | $500.00 Minimum | 1.85% | 1.86% |
| 6 MONTHS | $500.00 Minimum | 2.10% | 2.12% |
| 12 MONTHS | $500.00 Minimum | 2.15% | 2.17% |
| 18 MONTHS | $500.00 Minimum | 2.35% | 2.37% |
| 24 MONTHS | $500.00 Minimum | 2.45% | 2.47% |
| 36 MONTHS | $500.00 Minimum | 2.60% | 2.63% |
| 48 MONTHS | $500.00 Minimum | 3.10% | 3.14% |
| 60 MONTHS | $500.00 Minimum | 3.30% | 3.34% |
Compare this with other CD rates in Ohio and you’ll see this offer sets the bar fairly high. SVFCU has a presence (either ATM or physical branch) within all of the major cities in Ohio (Cleveland, Cinncinati, Akron, Columbus, etc).
January 5th, 2010 at 4:19 pm
Are you sure you need to live in Ohio to get this 6 month CD? It looks like you might just need one of their share savings accounts…
June 21st, 2011 at 11:44 am
PLEASE! Update this information! It is now June 2011 and a six month CD only pays about .45%!!! This is fraudelent on the grounds that if one does a search for CD rates, then this pops up only to find out the information is WAAAAY out of date.
June 21st, 2011 at 12:09 pm
@ Kevin – This post is from Jan 2010 (see date at the top).
Please visit our CD Rates Center for the top rates from around the country which are updated every 12 hours. You can get there by clicking on the “CD Rates” tab above or by going to http://bankvibe.com/cd-rates/
And yes…current CD rates are certainly abysmal right now
Hope this helps!