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