CenterBank

Overview / Commentary

www.center.bank

513-965-8505

744 State Route 28
Milford, OH 45150

CenterBank is headquartered in Milford and is the 82^nd largest bank in the state of Ohio. It is also the 2,707^th largest bank in the nation. It was established in 2000 and as of June of 2022, it had grown to 45 employees at 3 locations. CenterBank's money market rates are 6X the national average, and it has an A health rating.

View all posts from:

2017

4/19 - CenterBank (OH) Adds 17-Month Anniversary Special CD

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q2 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	35117
Year Established	2000
Employees	45
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.56%
Return on Equity - YTD	13.75%
Annual Interest Income	$5.9MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$260.8MM$274.7MM
Loans	Q2 2022vs Q2 2021	$220.8MM$217.7MM
Deposits	Q2 2022vs Q2 2021	$212.9MM$221.6MM
Equity Capital	Q2 2022vs Q2 2021	$29.5MM$26.8MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$3.0MM$3.8MM
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$65.00K$115.00K
Real Estate Owned	Q2 2022vs Q2 2021	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not CenterBank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

CenterBank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$25	-	Regular Savings
0.25%	$25	-	Young Savers Account
0.25%	$2.5k	-	Health Savings Account

CenterBank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%^*	-	$1k	Promotional Money Market Investment Savings
OTHER TIERS: 0.20% → $250k+ \| 2.47% → $10k - $250k
1.00%^*	$50k^*	-	Money Market Investment Savings
OTHER TIERS: 0.25% → Up to $10k \| 0.40% → $10k - $25k \| 0.55% → $25k - $50k
0.25%	$50	-	Money Market IRA

CenterBank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$50k^*	-	Optimum Checking
OTHER TIERS: 0.05% → Up to $1.5k \| 0.15% → $1.5k - $50k

CenterBank CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.25%	$500	-	15 Month CD Special
3.75%	$500	-	60 Month CD
3.00%	$500	-	12 Month CD
3.00%	$500	-	12 Month CD Special
3.00%	$500	-	24 Month CD Special
2.60%	$500	-	6 Month CD Special
2.24%	$500	-	36 Month CD
1.50%	$500	-	24 Month CD
0.50%	$500	-	18 Month CD
0.50%	$500	-	48 Month CD
0.25%	$500	-	6 Month CD
0.25%	$500	-	9 Month No Penalty CD

Locations

CenterBank Locations
Centerbank	744 State Route 28	Milford, OH 45150
Madeira Branch	6934 Miami Avenue	Madeira, OH 45243
Anderson Branch	7391 Beechmont Avenue	Cincinnati, OH 45239

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.