bank rates

Ohio Deal: 2% CD Rates For 18 Months

pile of cashFirelands Federal Credit Union has a trio of special CD rates for its northern Ohio members.

With a $500 minimum deposit of new money, it pays:

  • 1.00% APY for 9-month CDs.
  • 1.60% APY for 12-month CDs.
  • 2.00% APY for 18-month CDs.

Considering that we just recently began seeing 2.00% APY again for 60-month CDs on our CD Rates Leaderboard, that 18-month special looks especially good.

And the 12-month special easily beats its term’s lead rate of 1.05% APY. Although not as impressive, the 9-month current is still more than a tenth of a percentage point higher than the top 6-month CD rate of 0.88% APY.

You have to be a member of Firelands Federal Credit Union to purchase these certificates of deposit.

Membership is open to those who live work, worship or attend school in Crawford County or Huron County, including the entire village of Plymouth; Berlin, Florence, Groton, Milan and Oxford townships in Erie County; York Township in Sandusky County; and Adams, Reed, Thompson and Venice townships in Seneca County, including the village of Green Springs.

Members have to buy CDs in person. There are five branches in Bellevue, Bucyrus, Galion, Monroeville and Norwalk.

Learn more about Firelands Federal Credit Union at www.firelandsfcu.org or 800-276-5775.

See how these returns compare with the best CD rates from scores of banks in our extensive database.

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Comments (1)
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  1. Kathy at Bankaholic said:
    on August 23rd at 07:33 am

    Firelands isn’t offering the special rates mentioned in this report any more, but it just posted two new special rates:
    9 months = 1.25% APY
    12 months = 1.75% APY
    Both require new money only.