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The Pioneer Savings Bank Offers Worthy Deal To Cleveland Savers

Glass jar filled with coins

Cleveland’s new NFL quarterback may be capturing the headlines, but for Cleveland-area savers, the current CD special from The Pioneer Savings Bank may be more newsworthy.

Paying 2.00% APY on 36-month certificates, Pioneer Savings’ promotion handily outdoes the top nationally available 3-year yield of 1.67% APY from the banks on our CD Rates Leaderboard.

In fact, it even outpays the best national 48-month return on our Leaderboard, currently pegged at 1.91% APY.

It’s enough to earn Pioneer Savings a prominent spot in our constantly updated roundup of the top-paying credit union and community bank CDs from around the country.

Anyone living or working in metropolitan Cleveland can open an certificate of deposit with Pioneer Savings, although a visit to its branch in the Detroit-Shoreway neighborhood is required.

The promotional CD requires a minimum $500 deposit of new money and carries an early-withdrawal penalty of six months’ interest.

Savvy savers will, of course, want to check the day’s best CD rates in Bankrate’s extensive database before committing funds to any certificate. But this Pioneer Savings offer will be tough to beat.

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