Cincinnati Banking Rates

Cincinnati Federal Savings and Loan CD Interest Rates Today at 0.75% APY

cincinnati federal savings and loan

Investing in a certificate of deposit is one of the smartest financial moves a person can make if he’s looking to save money. Not only are CD rates higher when compared to a standard deposit account, but their APYs are fixed, so the yields are consistent and secure. Have some funds that aren’t needed right away? Place them in a 24-month CD and experience the payoff firsthand.

Cincinnati Federal Savings and Loan offers a two-year certificate at 0.75% APY with minimal requirements to earn interest.

Cincinnati Federal Savings and Loan 24-Month CD Terms and Conditions

Visit a branch and deposit a minimum of $500 into a two-year CD. Cincinnati Federal Savings and Loan will keep those funds locked away for the 24-month period, during which time it will accrue interest at a constant 0.75% APY, compounding and crediting quarterly. Depositors have the opportunity to withdraw interest monthly or quarterly.

  • At maturity, this CD can be automatically renewed at the current market rate.
  • Once opened, further deposits into this CD cannot be made.
  • Early withdrawals will impose a penalty of one half total interest (earned or unearned).
  • All funds are protected by the FDIC up to $250,000.

About Cincinnati Federal Savings and Loan

Founded 92 years ago, Cincinnati Federal Savings and Loan is more than just a federally chartered savings and loan provider, but a mutual thrift that is owned by members who play a role in its future — and in turn, they’re rewarded with higher deposit rates and lower loan rates. It’s a unique cooperation that allows Cincinnati Federal to concentrate on its customers’ continued financial success. Interested in banking with Cincinnati Federal? Just visit any one of four convenient walk-in offices.

Earn high dividends — check out more CD rates.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and 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.