Centric Bank (PA) Offers 25-36 month CD Special, 3.00% APY


Availability: CD Specials – 13-24 month, 2.85% APY, $1k minimum deposit; 25-36 month, 3.00% APY, $25k minimum deposit, new money.

Availability: Market area is Cumberland and Dauphin Counties, Pennsylvania.

For a limited time, Centric Bank has two CD Specials, which offer flexibility in choosing the term length. The 13-24 month CD Special (2.85% APY) can be opened with a $1k minimum deposition. The 25-36 month CD Special (3.00% APY) requires new money, with a higher minimum deposit of $25k. New money is defined as “money not already on deposit with Centric Bank.”

According to CSR, the Early Withdrawal Penalty for either CD Special is one year of dividends, with partial withdrawals allowed.

Personal Money Market

Centric Bank is also offering 2.35% APY (up to $500k) on its Personal Money Market, with a rate guarantee through June 30, 2019. Beginning on July 1, 2019, the “interest rate is variable and subject to change at any time without notice.” (FYI - Centric Bank's Indexed Money Market currently earns 1.81% APY on balances of $25k+.) The minimum opening deposit is $25k of new money. The $50 monthly maintenance fee can be avoided by maintaining a monthly average balance of $25k or more.

Bank-To-Bank Transfers

Centric Bank offers a bank-to-bank transfer service between linked deposit accounts at Centric Bank and other financial institutions. The Online Banking Agreement provides a detailed description, including the following:

Transfers are subject to the following limits unless otherwise agreed upon by you and Centric Bank:

1. Up to three inbound transfers per day, not to exceed a total of $5,000.00
2. Up to three outbound transfers per day, not to exceed a total of $1,000.00.

The above limits apply to the total of all bank-to-bank transfers of a specific type for all accounts enrolled in the Service. We may change your dollar limits and transfer limits at any time.


Headquartered in Harrisburg, Pennsylvania, Centric Bank’s market area includes Cumberland and Dauphin Counties in the south central part of the state.

Opening any type of account at Centric Bank requires a visit to any of four Pennsylvania branches, located in Camp Hill, Harrisburg, Hummelstown, and Mechanicsburg.

Centric Bank’s online banking platform is currently limited to account management and bill payment services.

Bank Overview

Centric Bank has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 1.76% (excellent), based on December 31, 2018 data. In the past year, the Bank has increased its total non-brokered deposits by $113.3 million, an excellent annual growth rate of 27.41%. Please refer to our financial overview of Centric Bank (FDIC Certificate # 7461) for more details.

Centric Bank recently celebrated its twelfth anniversary, but its history stretches back 100 years. Founded in 1919, the Bank was originally known as The Dauphin National Bank for nearly 80 years, before being rebranded as Vartan National Bank in 1998.

Centric Bank was formed in 2007 from the vision of 11 individuals who were determined to reform and rebrand an existing institution, restoring it to its roots of being a true, independent community bank. In the first 60 days, 125 shareholders invested and embraced the compelling vision that was outlined and rebranded as Centric Bank: We Revolve Around You.

An American Banker 2018 Best Bank to Work For, three-time Best Places to Work, and Top 50 Fastest-Growing Companies for six years, Centric Bank is headquartered in south central Pennsylvania with assets of $720 million and remains the leader in organic loan growth in central Pennsylvania.

How the CD Specials Compare

When compared to 257 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available with the Bank’s market area, Centric Bank’s 13-24 month CD Special APY currently ranks second.

When compared to 261 similar length-of-term CDs tracked by DepositAccounts.com that are available with the Bank’s market area, Centric Bank’s 25-36 month CD Special APY currently ranks second, regardless of minimum deposit requirement.

The above rates are accurate as of 4/13/2019.

To search for the best CD rates, both nationwide and state specific, please refer to our CD rates table page.

Related Pages: Philadelphia money market accounts, Harrisburg money market accounts, money market accounts, 1-year CD rates, 5-year CD rates

  |     |   Comment #1
Wish the 13mo CD had a 3% apy
Razzle Dazzle
  |     |   Comment #2
How about 3.1 or 3.2??
4.00% Savings Account and a 4.10% 9-Month CD at a Pennsylvania Bank (Centric)
Centric Bank is offering a Statement Savings Promo with a 4.00% APY on balances of $500 and above guaranteed through 12/31/08. There's a $25/month fee if the balance falls under $500.

The bank also has some competitive promotional CDs. There's a 4.10% APY for terms of 9, 12 and 18 months. There's also a 4.40% APY 30-month CD and a 5.00% APY 60-month CD. These two longer-term CDs are also available as an IRA. Both of these long-term CDs have a bump-up feature which allows for a one-time interest upgrade during...

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