Unfortunately, interest rates are quite low when compared to the best CD rates on the market. It also doesn't help that the minimum deposit is $1,000 and interest only compounds monthly.Ĭustomers who make larger initial deposits will have access to higher interest rates.
That's a larger range than many other banks, which could be a draw for some customers. The options vary in term length from one month up to six years. Huntington Bank offers more than two dozen certificate of deposit (CD) options.
