This is up from just 1 promotional CD offered in the Spring.Īll Huntington Bank certificates of deposit require a minimum opening deposit of $1,000. The good news is Huntington Bank has been adding more promotional CDs to their certificate of deposit suite and now offers 5 promotional CDs with terms ranging from 7 to 25 months. This is on par with what we’ve seen at many large national banks, such as Bank of America or Wells Fargo, who have little incentive to attract new savers with high returns even as the Fed continues to raise rates. Their standard CD rates haven’t risen at all. Their CD rates have grown more competitive in 2023 but only for their promotional deposits. Huntington Bank’s deposit products are insured by the FDIC up to $250k per depositor or $500k on joint accounts. Huntington Bank CD Rates + Account Details In this review we’ll be looking at Huntington Bank’s CD Rates and Relationship Money market account. That said, the bank has good branch and service accessibility and lets you waive account fees fairly easily, so if you can look past low APYs, there are some advantages. Its deposit products-CD and money market accounts, specifically-are far from competitive and even lag the national average currently. If you’re a consumer looking to earn a good rate of return on the money you deposit, this bank leaves much to be desired. This entity trades on the NASDAQ under the ticker HBAN. The holding company of which Huntington Bank is the banking subsidiary is called Huntington Bancshares. The regional bank serves seven states in the Midwest: bank by asset size with over $182.9 billion in assets and $108 billion in deposits. Today, Huntington Bank is the 28th largest U.S. Originally founded as The Huntington National Bank in 1866 in Columbus, Ohio, Huntington Bank has maintained its regional status over the years despite several mergers and acquisitions and hefty asset growth.

Huntington bank interest rates on cd