CenterBank

Overview / Commentary

www.center.bank

513-965-8505

744 State Route 28
Milford, OH 45150

CenterBank is headquartered in MILFORD and is the 72^nd largest bank in the state of Ohio. It is also the 2,516^th largest bank in the nation. It was established in 2000 and as of March of 2023, it had grown to 41 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

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Health

Data as of Q1 2023

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Health Grade Components

Overall
FDIC Certificate #	35117
Year Established	2000
Employees	41
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.03%
Return on Equity - YTD	9.66%
Annual Interest Income	$3.7MM

Assets and Liabilities
Assets	Q1 2023vs Q1 2022	$291.5MM$262.8MM
Loans	Q1 2023vs Q1 2022	$242.5MM$218.6MM
Deposits	Q1 2023vs Q1 2022	$212.1MM$214.4MM
Equity Capital	Q1 2023vs Q1 2022	$31.7MM$29.9MM
Loan Loss Allowance	Q1 2023vs Q1 2022	$3.4MM$2.9MM
Unbacked Noncurrent Loans	Q1 2023vs Q1 2022	$85.00K$0
Real Estate Owned	Q1 2023vs Q1 2022	$0$0

Rates

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Savings
Money Market
Checking
CD

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* 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
5.00%	$500	-	14 Month CD Special
4.75%	$500	-	9 Month No Penalty CD
4.25%	$500	-	15 Month CD Special
3.75%	$500	-	60 Month CD
3.05%	$500	-	9 Month CD
3.00%	$500	-	12 Month CD
3.00%	$500	-	24 Month CD
2.25%	$500	-	36 Month CD
0.50%	$500	-	18 Month CD
0.50%	$500	-	48 Month CD
0.25%	$500	-	6 Month 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

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