Dedicated to Deposits: Deals, Data, and Discussion

4.00% 24-Month CD at an Ohio Bank (Firstmerit).

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Update 6/07/08: The CD rates have fallen. Please check the bank's website for the latest rates.

FirstMerit Bank is offering a special 4.00% APY 24-month CD. The minimum deposit is $5,000, and the funds must be new to the bank. Other CD specials are listed. The 18-month rate isn't too bad at 3.50% APY. The shorter terms CD specials aren't competitive.

New accounts appear to require a branch visit. Branches are located throughout Ohio including the cities of Cleveland, Ashland, Delaware, Columbus, Mount Vernon, Painesville, Toledo, Medina, Canton and Ontario. There are also branches in New Castle, Pennsylvania. The bank has been FDIC insured since 1934 (FDIC Certificate # 13675).

  Tags: Pennsylvania, CD rates, Ohio

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