CenterBank


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

CenterBank is headquartered in Milford and is the 75th largest bank in the state of Ohio. It is also the 2,582nd largest bank in the nation. It was established in 2000 and as of March of 2021, it had grown to 42 employees at 3 locations. CenterBank's money market rates are 14% higher than the national average, and it boasts an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #35117
Year Established2000
Employees42
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD12.16%
Annual Interest Income$3.0MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$278.4MM$237.1MM
LoansQ1 2021vs Q1 2020$225.7MM$208.6MM
DepositsQ1 2021vs Q1 2020$215.7MM$193.5MM
Equity CapitalQ1 2021vs Q1 2020$25.6MM$22.6MM
Loan Loss AllowanceQ1 2021vs Q1 2020$3.8MM$2.7MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$38.00K$160.00K
Real Estate OwnedQ1 2021vs Q1 2020$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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