CenterBank is headquartered in MILFORD and is the 67th largest bank in the state of Ohio. It is also the 2,348th largest bank in the nation. It was established in 2000 and as of June of 2024, it had grown to 39 employees at 3 locations. CenterBank's CD rates are 3X the national average, and it boasts an A+ health rating.
https://www.center.bank/
I see it on their intro splash page.
But not on their rate sheet.
My instinct tells me that this rate won't be at this bank for long.
But I dunno.
Overall | |
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FDIC Certificate # | 35117 |
Year Established | 2000 |
Employees | 39 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.64% |
Return on Equity - YTD | 6.09% |
Annual Interest Income | $9.5MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $326.1MM$293.4MM |
Loans | Q2 2024vs Q2 2023 | $286MM$251.5MM |
Deposits | Q2 2024vs Q2 2023 | $253.9MM$223.1MM |
Equity Capital | Q2 2024vs Q2 2023 | $34.1MM$32.3MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $3.5MM$3.4MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $0$399K |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.25% | $25 | - | Regular Savings | |
0.25% | $25 | - | Young Savers Account | |
0.25% | $2.5k | - | Health Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | $50k* | - | Money Market Investment Savings | ||
OTHER TIERS: 0.25% → $0 - $10k | 0.40% → $10k - $25k | 0.55% → $25k - $50k | |||||
0.25% | $50 | - | Money Market IRA |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $50k* | - | Optimum Checking | ||
OTHER TIERS: 0.05% → $0 - $1.5k | 0.15% → $1.5k - $50k |
CenterBank Locations | ||
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Centerbank | 744 State Route 28 | Milford, OH 45150 |
Madeira Branch | 6934 Miami Avenue | Madeira, OH 45243 |
Anderson Branch | 7391 Beechmont Avenue | Cincinnati, OH 45239 |