Dedicated to Deposits: Deals, Data, and Discussion

CD and Checking Account Promotions at an Ohio CU (Telhio)


Telhio Credit Union is offering several promotions for their share certificates and checking account. You can get a bump-up in the CD rate by up to 0.60 for adding 3 of the 5 options: checking, home banking, eStatements, loan of $5K or more and being a member for 4 or more years. This requires a CD term of at least 12 months and a minimum deposit of $2,000. The regular CD rates plus the 0.60 would result in rates that range from about 5.30% on the 12-month term to 5.70% on the 60-month term.

The checking account promotion includes a $45 cash bonus for opening a new free checking account. An additional $30 can be received for additional services. Each service adds $5. Minimum deposit required to receive the cash bonus is $50. Account must stay open for 6 months.

A reader mentioned that he was able to get a 24-month CD at 5.52% APY along with a $65 checking account bonus.

Field of membership includes those who live, work, worship or attend school in Franklin County, Ohio and several surrounding communities. See site for details.

The credit union is federally insured by the NCUA (Charter # 62848). It has $384.3 million in assets and 53,770 members.

Thanks to Gary who mentioned these promos in the finding deals post.

  Tags: CD rates, Ohio, checking account

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