CenterBank


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

CenterBank is headquartered in MILFORD and is the 68th largest bank in the state of Ohio. It is also the 2,390th largest bank in the nation. It was established in 2000 and as of March 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.

Reviews (1)

Where Did The 5.25% MM Account Go?

Posted by: |

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.



Health
A+

Health Grade Components

Overall
FDIC Certificate #35117
Year Established2000
Employees39
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD5.59%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$318.2MM$291.5MM
LoansQ1 2024vs Q1 2023$278.7MM$242.5MM
DepositsQ1 2024vs Q1 2023$251.5MM$212.1MM
Equity CapitalQ1 2024vs Q1 2023$33.7MM$31.7MM
Loan Loss AllowanceQ1 2024vs Q1 2023$3.5MM$3.4MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$897K$85K
Real Estate OwnedQ1 2024vs Q1 2023$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
0.25%$25-Regular Savings
0.25%$25-Young Savers Account
0.25%$2.5k-Health Savings Account

CenterBank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW 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

CenterBank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$50k*-Optimum Checking
OTHER TIERS: 0.05% $0 - $1.5k | 0.15% $1.5k - $50k

CenterBank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.35%$500-3 Month CD Special
5.30%$500-6 Month CD Special
5.25%$500-10 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

CenterBank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.75%$500-24 Month IRA Special
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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