Geauga Savings Bank Raises the Bar on 2 and 3 Year CD rates

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Geauga Savings Bank is an Ohio-based FDIC-insured bank, with a 3.5 star rating (good) at Bauer Financial. They've stepped into the rate game with some top Certificate of Deposit (CD) rates.

Their CDs are open to residents of all state with a minimum deposit of $25,000 and the maximum off $95,000. Interest is paid and mailed annually on the anniversary date of the CD or you can receive a monthly interest check (i.e., interest does not accrue).

The bank is small witth $550 million in assets but is FDIC insured. The bank was chartered in 1983.

Sol Nasisi
Sol Nasisi: Sol Nasisi is the co-founder and a past president of BestCashCow, an online resource for comprehensive bank rate information. In this capacity, he closely followed rate trends for all savings-related and loan products and the impact of rate fluctuations on the economy. He specifically focused on how rates impact consumers' ability to borrow and save. He also has authored a wee

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Today's Highest Online CD Rates

Bank Product Term Interest Rate (APY)
Bank5 Connect 1-Year 2.85% APY with $500 minimum
M.Y. Safra Bank 1-Year 2.51% APY with $500 minimum
My Banking Direct, a division of New York Community Bank 1-Year 2.50% APY with $500 minimum
Connexus 3-Year 3.26% APY with $5,000 minimum
Pentagon 3-Year 3.25% APY with $1,000 minimum
Bank5 Connect 3-Year 3.20% APY with $500 minimum
Bread Savings, a division of Comenity Capital Bank 5-Year 3.65% APY with $1,500 minimum
Popular Direct 5-Year 3.40% APY with $10,000 minimum
M.Y. Safra Bank 5-Year 3.26% APY with $500 minimum

See More Online CD Rates →

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