With competitive rates and a commitment to reliability, CF Bank provides a range of CD terms to suit your unique needs. Whether you’re looking for short-term gains or long-term stability, our CD rates offer a combination of attractive returns and peace of mind. Explore the possibilities of smart investing with CF Bank’s CD options, and let your money work for you.

CF Bank CD Rates Offers

the considerable CD offers are given next;

13-Month CD Special Offer

Key Features

  • Term Duration: 13 months
  • Interest Rate (APY): 5.50%
  • Minimum Deposit: $10,000.00


  • Rate applies to newly deposited funds
  • Early withdrawal penalties may apply
  • Offer subject to change without notice
  • Potential impact on earnings if fees apply

Are CF Bank CD Rates Competitive?

CF Bank CD rates, particularly the 13-Month CD Special Offer, are competitive for several reasons:

High APY – The 5.50% APY is a compelling feature, surpassing the returns offered by many other financial institutions. This high rate positions CF Bank as an attractive choice for individuals looking to maximize their returns within a shorter investment horizon.

Term Length – The 13-month term strikes a balance between providing an attractive interest rate and allowing for relatively quicker access to funds compared to longer-term CDs. This flexibility appeals to investors seeking a shorter commitment.

Minimum Deposit – While the $10,000.00 minimum deposit may be considered high for some, it is in line with industry standards for promotional CD rates. This requirement ensures that investors are committed to a significant deposit, aligning with the short-term nature of the investment.

Emphasis on New Money Deposits – The focus on new money deposits demonstrates CF Bank’s commitment to attracting fresh capital. This strategy contributes to the sustainability of the competitive interest rate offered.

Overview CF Bank 

CF Bank is a commercial boutique bank that delivers high-quality personal and business financial products in Columbus. They are devoted to customer satisfaction. They were founded in 1892 and just recently converted from a Savings and Loan bank to a National Bank. They have statewide coverage including Columbus, Cincinnati, Cleveland, and Akron, Ohio.

United Midwest Savings Bank is another good bank in Columbus for CD deals. They have strong leadership at this bank which is guiding the bank towards steady growth and community development. They are dedicated to diversity and are part of a supplier diversity program that benefits diverse companies and small businesses throughout the community.

Heartland Bank is a central Ohio financial service provider with many branches in Columbus. They have some of the best CD rates in the area. They offer terms between 6 months and 5 years with competitive APY rates. There are 16 branch locations near or in Columbus, Ohio. You can conveniently apply for a CD online if you are a member. They also have mobile and online banking.


To find out if you qualify for the CD rates at any of these Columbus, Ohio branches give them a call or visit a branch in person. Some banks now have a feature for applying for membership online. The first step to qualifying for the best CD rates is to become a member of the bank or credit union that has the best rates.

Locations CF Bank CD Rates

Top Banks in Columbus, Ohio

The branches in Columbus, Ohio are:

CF Bank, N.A., Belmont Savings Bank, The Peoples Savings and Loan Company, United Midwest Savings Bank, N.A., Heartland Bank, Farmers & Merchants Bank, Beal Bank, SSB

Frequently Asked Questions

What CD terms does CF Bank offer?

CF Bank provides a variety of CD terms to cater to different financial goals and timeframes. Common terms include 6 months, 1 year, 2 years, and 5 years.

How are CF Bank CD rates determined?

CD rates at CF Bank are influenced by various factors, including current market conditions, the Federal Reserve’s interest rate policies, and the bank’s financial standing

Can I withdraw my money before the CD term matures?

Generally, CDs are intended for a fixed period, and early withdrawals may incur penalties. CF Bank’s policies regarding early withdrawals, including any associated penalties, are outlined in the terms and conditions.

Are CF Bank CD rates competitive compared to other banks?

CF Bank strives to offer competitive CD rates to provide customers with attractive returns on their investments. However, it’s recommended to compare rates with other financial institutions.

Is my money at CF Bank insured when I invest in a CD?

Yes, CF Bank CDs are typically insured by the Federal Deposit Insurance Corporation up to the maximum allowable limit. This insurance provides an extra layer of security, assuring that your investment, including principal and earned interest, is protected in the event of bank failure, up to the specified FDIC limit.