CenterBank


Overview / Commentary
513-965-8505
744 State Route 28
Milford, OH 45150

CenterBank is headquartered in Milford and is the 70th largest bank in the state of Ohio. It is also the 2,488th largest bank in the nation. It was established in 2000 and as of June of 2020, it had grown to 38 employees at 3 locations. CenterBank's money market rates are 14% higher than the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #35117
Year Established2000
Employees38
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.18%
Return on Equity - YTD12.89%
Annual Interest Income$6.3MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$276.7MM$203.9MM
LoansQ2 2020vs Q2 2019$235.8MM$184.2MM
DepositsQ2 2020vs Q2 2019$208.0MM$163.6MM
Equity CapitalQ2 2020vs Q2 2019$23.3MM$20.4MM
Loan Loss AllowanceQ2 2020vs Q2 2019$2.9MM$2.3MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$798.00K$70.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*-$250kSaving Special
OTHER TIERS: 0.25% $250k+
0.25%$25-Regular Savings
0.25%$25-Young Savers Account
0.25%$2.5k-Health Savings Account

CenterBank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*-$250kPromotional Money Market Investment Savings
OTHER TIERS: 0.40% $250k+
0.40%*$50k*-Money Market Investment Savings
OTHER TIERS: 0.05% Up to $10k | 0.15% $10k - $25k | 0.30% $25k - $50k
0.25%$50-Money Market IRA

CenterBank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*-Optimum Checking
OTHER TIERS: 0.15% Up to $1.5k | 0.25% $1.5k - $50k

CenterBank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%$500-60 Month CD
0.50%$500-18 Month CD
0.50%$500-24 Month CD
0.50%$500-36 Month CD
0.50%$500-48 Month CD
0.50%$500-12 Month CD Special
0.50%$500-6 Month CD Special
0.40%$500-12 Month CD
0.35%$500-9 Month No Penalty CD
0.30%$500-6 Month CD
Locations


CenterBank Locations
Centerbank744 State Route 28Milford, OH 45150
Madeira Branch6934 Miami AvenueMadeira, OH 45243
Anderson Branch7391 Beechmont AvenueCincinnati, OH 45239

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