Third Federal Savings and Loan is headquartered in CLEVELAND and is the 7th largest bank in the state of Ohio. It is also the 113th largest bank in the nation. It was established in 1938 and as of September of 2024, it had grown to 916 employees at 37 locations. Third Federal Savings and Loan has an A health rating.
https://www.thirdfederal.com/saving/online-plus?refer=phone89
While they will accept your money in a CD from and ACH transfer to close a CD they will only send a check in the snail mail, so you lose many days interest in the process.
Long Term Bonus CDs 3 Year Bonus
Term Month 1-3 (6.50% APY) Month 4-36 (4.50% APY)
depositsaccounts should point out under "View Details" that the 6.0% APY is for the first month only and then is reduced to 4.50% for the remaining 5 months. The average for this 6 month CD then becomes 4.75%. One can obtain a return elsewhere about 3/4 point higher if not 1% higher over an entire YEAR at this point in time.
Overall | |
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FDIC Certificate # | 30012 |
Year Established | 1938 |
Employees | 916 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.43% |
Return on Equity - YTD | 4.32% |
Annual Interest Income | $558.1MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $17.08B$16.9B |
Loans | Q3 2024vs Q3 2023 | $15.34B$15.17B |
Deposits | Q3 2024vs Q3 2023 | $10.32B$9.6B |
Equity Capital | Q3 2024vs Q3 2023 | $1.69B$1.7B |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $70MM$77.3MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $33.6MM$31.9MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $174K$1.4MM |
Sorry, we do not have rate data for Third Federal Savings and Loan.