Find the best banks near you with our list of the best banks in Ohio.

Click here to find the best CD rates in Ohio.

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1. Heartland Bank

Savings APY:  1.75%  with a $0.01 minimum balance

CD APY: 0.01% to 0.40%

Monthly Fees: $7

Federally Insured by/Insured by: FDIC (Federal Deposit Insurance Corporation)

How many branches are in the State? The Heartland Bank has 15 branches in Central Ohio and 3 branches in Northern Kentucky along with 17 ATMs across the state. 

Pros:

  • Dedicated to the community
  • Branches and ATMs across the state
  • Impressive APY on savings and CDs

Cons

  • Tier System for APY on CD
  • Maintenance charges on accounts

Mr. Tiney M. McComb founded Heartland BancCorp in 1988 and later, after purchasing the shares of Croton Bank, he named it Heartland Bank. It is one of the best banks in Ohio which is continuously expanding. The bank’s assets were $530 million last disclosed in 2009.

The bank offers personal banking, business banking, lending, and financial planning services to individuals and small and large-sized businesses. Heartland Bank offers a bouquet of financial investment options including checking accounts, savings accounts, certificates of deposit (CDs), and money market accounts.

The bank has been successfully operating for the last 34 years and is one of the most trusted banks in Ohio.

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2. Century Federal Credit Union

Savings APY:  0.05% with only $5 to open

CD APY: 0.10% to 2.227%

Monthly Fees: $0

Federally Insured by/Insured by: FDIC (Federal Deposit Insurance Corporation)

How many branches are in the State? The Century Federal Credit Union has 9 branches and 13 ATMs across Ohio state.

Pros:

  • Lower loan rates
  • Best rate on savings accounts and CDs
  • Branches across Ohio for better accessibility

Cons

  • The turnaround time for bank updates is too long
  • Compromised customer service

Another one of the best banks in Ohio, Century Federal Credit Union is a not-for-profit financial cooperative. It was chartered on October 10th, 1948 and is one of the biggest credit unions in Northeast Ohio. It has over $400 million in assets and offers financial services to over 34,000 members at 350+ Select Employee Groups (SEGs) covering the Greater Cleveland area.

The financial institution deals in a wide range of financial offerings including checking and savings, lending and loans, and cards. It also is one of the best banking firms for the money market. It is a unique bank that returns the earnings to the members in the form of lower loan rates, higher interest on deposits, and lower fees.

 The bank started in  1948 and caters to the financial needs of federal government employees in the Cleveland, Ohio area. Century Federal has achieved several benchmarks in its tenure including mergers with Menorah Federal CU, and Double Seal FCU at Dairymen’s. Sherwin-Williams Employees Federal Credit Union and RTA Hayden Federal Credit Union.

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3. State Farm Federal Credit Union

Savings APY:  1.01%

CD APY: 1.01% with minimum opening deposit starting at $5.

Monthly Fees:

Federally Insured by/Insured by: FDIC (Federal Deposit Insurance Corporation)

How many branches are in the State? State Farm Federal Credit Union has 5 branches across Ohio state.

Pros:

  • It is available in all 50 states
  • Offers the best dividend yield
  • Easy loan process and affordable rates

Cons

  • Lacks penalty certificate option
  • There is no IRA CD

State Farm Federal Credit Union was founded in 1936 by G.E. Mecherle, the son of State Farm founder, G.J. Mecherle to offer benefits to the employees and associates.
The credit union deals in a wide range of saving options including Primary accounts, secondary accounts, Trust accounts, business accounts, Minor accounts, IRA accounts, and Specialty accounts. They also offer loans for vehicle, personal, and business purposes.

They are attentive to the customer’s requirements and serve the community with all types of financial resources, helping to place them on our list of the best banks in Ohio.

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4. Huntington Bank

Savings APY:  0.01% to 0.06%

CD APY: 4.08%

Monthly Fees:

Federally Insured by/Insured by: FDIC (Federal Deposit Insurance Corporation)

How many branches are in the State? Huntington Bank has more than 1000 branches and 1600 ATMs in 11 states of America. Out of this only 1 branch and 9 ATMs are in Ohio.

Pros:

  • Free checking account facility
  • 24-hour grace period
  • Different CD options are available

Cons

  • Lower yields for savers
  • High minimum balance to earn interest on a saving account

Huntington Bank was founded in 1866 under Huntington Bancshares Incorporated and is one of the best banks in Ohio. The bank specializes in a wide range of banking, payments, wealth management, and risk management products and services that they offer to consumers, small and middle-market businesses, corporations, municipalities, and other organizations.  

Huntington Bank is a full-service banking provider that also offers mortgage banking services, treasury management and foreign exchange services, trust services, wealth and investment management services, and more.

If you are looking for customized insurance brokerage and service programs then Huntington Bank is one of the leading banks in America to help you out. Huntington is rated as the best bank in the United States to offer high customer satisfaction with mobile banking apps among the regional banks for five years in a row. The bank was also included in the best Large employers award list of Forbes and Statista.

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6. First Financial Bank

Savings APY:  0.01% with a minimum balance of $1001

CD APY: 0.10% to 0.50%

Monthly Fees:$20

Federally Insured by/Insured by: FDIC (Federal Deposit Insurance Corporation)

How many branches are in the State? First Financial Bank has 188 Physical Branches across the United States of America and over 55000 ATMs.

Pros:

  • Highly rated bank in terms of customer service quality
  • Easy accessibility with a great ATM network
  • Low loan rates

Cons

  • The monthly fee is on a higher side
  • Complicated CD offerings

First Financial Bank is one of the largest banks in America. It was established in 1834 as a branch of the Second State Bank of Indiana. Then in 1983, a bank holding company was formed under the name of First Financial Corporation which became Indiana’s first multi-bank holding company in 1984. Finally, in 2003, First Financial Bank came into existence after a lot of mergers and acquisitions took place.

The bank has $9 billion in assets as well as deposits worth $7 billion. The bank is headquartered in Cincinnati, Ohio, and is committed to its customers and community. First Financial Bank offers banking, mortgage, and investment services for individuals and banking, treasury services, lending and financing, and employee services, for businesses. The company also offers cash management services, lease financing, debit cards, online banking, and several other electronic banking services. They are one of the leading banks in the United States with an excellent track record in offering wealth management and investment consulting services.

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7. Park National Bank

Savings APY: 0.01% to 0.45%

CD APY: 0.05% to 0.40%

Monthly Fees: No monthly fees for a minimum average balance of $250 and more

Federally Insured by/Insured by: FDIC (Federal Deposit Insurance Corporation)

How many branches are in the State? Park National Bank has over 100 branches and 100+ ATMs across the states of Ohio, Northern Kentucky, and the Carolinas.

Pros:

  • Diverse CD APY range
  • High focus on customer service
  • Affordable loan rates

Cons

  • Slow online banking support
  • The average saving rate is below average

The Park National Bank first was incorporated in 1908 and is headquartered in Newark, Ohio. The bank operates well in the brick-and-mortar setup as well as being very advanced with its digital banking approach. They have a multifaceted product offering which includes savings accounts, checking accounts, money market accounts, CDs, IRAs, brokerage accounts, mortgage products, and credit cards.

The Park National Bank calls itself a family of community banking teams with the only aim to offer the best financial services to individuals and businesses. They have an excellent team of financial experts who help individuals and businesses bank, borrow, invest and manage their finances. Currently, they are a 1735 associates strong team. The bank has assets of $7 billion along with deposits totaling $6 billion which makes it one of the leading largest banks in the United States.

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8. Pathways Financial Credit Union

Savings APY: 0.01%

CD APY: 0.60% to 1.10% depending upon the term period

Monthly Fees: $0

Federally Insured by/Insured by: National Credit Union Administration insured

How many branches are in the State? Pathways Financial Credit Union has over 5000 branches across the United States and thousands of ATMs.

Pros:

  • Competitive interest rates
  • Opens 6 days a week
  • Affordable rates and low fees on loans

Cons

  • Slower earnings and lack of portfolio option
  • Lack of transparency

Pathways Financial Credit Union is a full-service not-for-profit financial institution offering reliable financial services to individuals and businesses. The bank came into existence in 2012 after the merger of Central Ohio credit unions, Members First, Powerco, and Western. Later  WECU Credit Union was also added to Pathways in 2013 making it more powerful and efficient.

The bank is open 6 days a week to offer unconditional access to their account holders. They also have mobile apps and online banking features to make banking easier for their customers. The credit union offers banking, investing, and other financial services to Individuals and businesses. They have made significant progress in taking their operations online by offering their customers options and offering superior financial products.

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9. KeyBank

Savings APY: 0.05%

CD APY: 0.05%

Monthly Fees: $0

Federally Insured by/Insured by: KeyCorp Insurance Agency USA Inc. (KIA)

How many branches are in the State? KeyBank has over 1000 branches and 40000+ ATMs across the 15 states of America. They also have business offices in 39 states.

Pros:

  • Low monthly fees on savings
  • Great customer service and several channels

Cons

  • Interest rates are low for savings accounts and CD
  • Multiple times overdraft fee calculation

Another one of the best banks in Ohio, KeyBank is a subsidiary of KeyCorp which was once the 10th largest US Bank. The bank is headquartered in Cleaveland, Ohio, and is one of the most trusted regional banks in the United States. They have 39 business offices in the country and are a strong team of staff and customers. In 2021, KeyBank was ranked 449th on the Fortune 500 list for the year 2022.

The bank offers certificates of deposit, money market accounts, savings accounts and checking accounts, and loan and investment consulting services to retail, small business, corporate, commercial, individual, and investment clients. It has commendable interest rates and is widely applauded for its credit scoring, loan servicing, and collection capabilities. The bank offers 24/7 customer service and has a mobile app for this purpose.

KeyBank is one of the nation’s largest bank-based financial services companies and owns assets of approximately $187 billion.

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11. The Savings Bank

Savings APY: 

CD APY:

Monthly Fees:

Federally Insured by/Insured by:

How many branches are in the State? The Savings Bank has 6 branches and 3 ATMs in Ohio.

Pros:

  • Impressive interest rates
  • Overdraft privilege
  • Safe deposit boxes
  • Strong online and mobile banking services

Cons

  • Limited branches and ATMs

The Savings Bank was founded in 1912 as The Circleville Savings and Banking Company. In 1961 the bank got a new corporate title “ The Savings Bank”. The bank was owned by the local people and hence has a great approach and today serves a widespread customer base including individuals and businesses.

The bank acquired Helpbringer Mortgage Service Company and Standing Stone Bank in Lancaster in 2019 and 2021 respectively to become one of the biggest banks in the United States. The bank currently has assets worth $279.2 million.

The Savings Bank is a credible financial institution offering banking, investing, and other financial services to individuals, small businesses, and commercial clients. It deals in a wide range of checking accounts, savings accounts, certificates of deposit (CDs), and money market accounts.

The Savings Bank is operating for more than 100 years and is offering unconditional services to its clients, making it one of the best banks in Ohio.

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12. Credit Union of Ohio

Savings APY: 0.02% to 0.10%

CD APY: 1.00% to 2.90%

Monthly Fees: $5/month

Federally Insured by/Insured by: Minnesota Life Insurance Company

How many branches are in the State? The Credit Union of Ohio has 6 branches and 6 ATMs in Ohio. They are also a part of the Alliance One ATM network through which they offer free ATM services at thousands of ATMs.

Pros:

  • High APY rate
  • Wide range of benefits to members
  • Reliable loan terms

Cons

  • Limited accessibility due to fewer branches
  • The monthly fee is very high

Last on our list of the best banks in Ohio, Credit Union of Ohio is a not-for-profit financial cooperative. It was founded in 1967 to serve the employees of the State of Ohio. It was initially named State Employees Credit Union which was changed to The Credit Union Of Ohio on July 1, 2003. The credit union currently serves a variety of related groups and communities.

The members of the credit union are offered a wide range of banking, borrowing, and investing options. The credit union offers checking accounts and debit cards, savings and money market accounts, youth and young adult accounts, certificates and IRAs, and much more. The credit union also deals in a wide range of loans including auto/motorcycle loans, personal loans, student loans, secured loans, and computer loans.

The Credit Union of Ohio has an average of 12,432 members, $149.7 million in assets, and $96.8 million in loans making it one of the biggest credit unions in Ohio.