Telhio Credit Union (OH) 36-Month CD Is Near-Rate Leader


Deal Summary: 36-month CD, 4.59% APY, $500 minimum deposit.

Availability: Easy membership requirement in Ohio.

Following a recent increase of 52 bps, the Telhio Credit Union (Telhio) 36-month CD currently earns 4.59% APY. The minimum opening deposit is $500, with no stated balance cap.

4.59%$500-Telhio Credit Union36 Month CD
Rates as of February 3, 2023.

In the past seven months, the 36-month CD has had eight rate increases, adding a total of 384 bps. The 36-month CD continues to have the most competitive rate in the Telhio CD product line.

According to CSR, the Early Withdrawal Penalty for the 36-month CD is 180 days of dividends, with partial withdrawals allowed.

Excess Share Insurance

Deposits at Telhio are fully insured up to $500,000.

When you join Telhio, your funds are insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by the full faith and credit of the United States government.

Additionally, consumer (non-business) account holders have access to an additional $250,000 of insurance through the Excess Share Insurance Corporation (ESI), a licensed insurance company, for a total of up to $500,000 in account insurance.


Headquartered in Columbus, Ohio, Telhio Credit Union’s field of membership (FOM) now includes a limited easy membership requirement. The online membership application lists five ways to qualify for member, with the last option stating,

I am an Ohio resident and do not qualify with any of the options above. Help me qualify for membership. I would like to be signed up for American Consumer Council (ACC).

The Membership Eligibility page details the other routes to Telhio membership.

Residency: U.S. citizens/residents aliens who live, work, worship, or attend school in the Ohio counties of Butler, Champaign, Clark, Delaware, Fairfield, Franklin, Greene, Hamilton, Licking, Madison, Marion, Miami, Montgomery, Morrow, Pickaway, Preble, Richmond, Union, or Warren are eligible to join.

Employment: Employees of several SEGs, including Anthem Blue Cross and Blue Shield, the Ohio State Medical Association, and Central Benefits Mutual Insurance Company, qualify for membership.

Relationship: Family members of current Telhio CU members are welcome to apply. As stated on the Membership Eligibility page, family members is defined as “relation by blood, adoption, marriage, or living in the same household.”

Account Opening

Joining Telhio and/or opening a CD can be done online or at any of the 12 full-service Ohio branches located in Columbus (5), Fairfield, Grove City, Hamilton, Reynoldsburg (2), West Chester, and Worthington. Current Telhio members can open a CD over the phone.

A minimum $5 deposit in a Share Savings account is required to establish a Telhio membership.

Funding and Other Particulars

There is no Truth-in-Savings disclosure available on Telhio’s website; the following information was obtained in a conversation with CSR.

  • Funding – ACH, internal transfer from a Telhio liquid account, or a shared branching transaction.
  • CO-OP Shared Branch Participant – Yes.
  • Dividends – Compounded and credited monthly and can be withdrawn without penalty. Automatic transfer to a Telhio checking or savings account can be scheduled.
  • Maturing Funds – Cashier’s check to address on file or internal transfer to a Telhio liquid account.
  • Beneficiaries – Unlimited beneficiaries can be designated, with percentages assigned. Social Security numbers are required for all beneficiaries.
  • Grace Period – 10 calendar days before automatic renewal.
  • Credit Check – Soft pull when a CD is opened.

Credit Union Overview

Telhio Credit Union has an overall health grade of "A" at, with a Texas Ratio of 1.56% (excellent) based on September 30, 2022 data. In the past year, Telhio has increased its total non-brokered deposits by $18.2 million, resulting in an above average annual growth rate of 1.66%. Please refer to our financial overview of Telhio Credit Union (NCUA Charter # 62848) for more details.

Established in 1934 as a credit union for Columbus Telephone Company employees, Telhio Credit Union is currently the seventh largest credit union headquartered in Ohio, with more than 71,000 members and assets in excess of $1.3 billion. In the past nine years, three other Ohio credit unions (Columbus Metro Federal Credit Union, 2021; Chaco Credit Union, 2016; and Mt. Olivet Federal Credit Union, 2013) have merged with Telhio. With the recent FOM expansion making all Ohio residents membership-eligible, Telhio has increased its potential for growth exponentially.

How the 36-Month CD Compares

When compared to similar length-of-term CDs tracked by that are available within the FOM and have minimum deposit requirements of $10k or less, one bank has a higher rate than currently offered on the Telhio Credit Union 36-Month CD. The following table compares the 36-month CD to the two highest-rate CDs from other credit unions and the two highest-rate CDs from banks.

The above information and rates are accurate as of 12/20/2022.

To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page

Related Pages: Cincinnati CD rates, Columbus CD rates, 5-year CD rates

Telhio Credit Union Offers Competitive CD Specials To All Ohio Residents
Deal Summary: 10-Month CD Special, 3.30% APY, $500 min/$10k max deposit, limit of two CD Specials per member. 6-month CD Special, 2.53% APY, $500 min deposit of new money.

Availability: Easy membership requirement in Ohio

For a limited-time Telhio Credit Union (Telhio) is offering a 10-Month CD Special earning 3.30% APY. The minimum opening deposit is $500 and is capped at $10k, with a limit of two 10-month CD Specials per member.

Telhio also has a 6-month CD Special earning 2.53% APY. The minimum opening deposit...

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Telhio Credit Union also has a promotion that pays a cash bonus up to $200 on new checking accounts. Please refer to DA's August 12, 2014 Forum posting for more details and links....

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You can also get up to $75 for opening a new free checking account. A minimum deposit of $50 is required for a $50 bonus. Additional $5 is added for each of the following: applying for a debit card, applying for overdraft protection loan, signing up for home banking, signing up for eStatements and using direct deposit.

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