For CD terms of 12 months or less, the penalty is 1% of your principal. If you attempt to remove any of your principal, you will pay an early withdrawal penalty. Terms range from seven days up to 1,825 days (five years).ĭuring your CD term, it’s possible to transfer the interest you earn from a CD account into a checking account that you have Huntington Bank. However, these offers differ in that term lengths are set in days and not in months. If you contribute more than $100,000 you have access to 14 term options. They range in length from one month up to 72 months (six years). If you open a CD with a deposit of less than $100,000, you have 11 term options to choose from. The exact interest rates you receive will depend on the length of your CD term and how much you contribute to your account. All CDs require a minimum deposit of $1,000 and compound interest monthly. Huntington Bank offers more than two dozen CD options, but you can only open a CD by visiting a branch and speaking with a representative. You can also find branches in Florida and some international cities.

Most branches are in Ohio but there are also branches in Illinois, Indiana, Kentucky, Michigan, Pennsylvania, West Virginia and Wisconsin. The bank predominantly serves the Midwestern U.S.

Huntington National Bank has its headquarters in Columbus, Ohio. Fixed Rate CDs With Minimum Deposit of Less Than $10,000 CD LengthĬompare Huntington National Bank to Other Competitive Offers Overview of Huntington Bank CDs To calculate how much interest you could earn with a CD, try using SmartAsset's CD calculator. In fact, if you're willing to put in a deposit of at least $100,000 to take advantage of robust interest rates, you'll be able to sign up for CDs that run the gamut from seven days to 1,825 days (five years). Of course, Huntington Bank greatly rewards investors with significant amounts of capital to sock away in CD accounts. Rates may vary slightly by location but before you open any accounts, read on for the things you need to know about a CD with Huntington Bank.

You will need to visit a branch directly. Huntington Bank does not provide the option to open a CD online. 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.

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