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Columbus Banking Rates wants to help you in your quest for the best. No matter how much money you make or how much debt you have, we could help you find ways to save on many different financial rates. If you want to strengthen your financial picture, find rate options for:

  • Columbus, Ohio mortgage refinance rates
  • Columbus, Ohio insurance rates for homes and automobiles
  • More banking rate information available from US Banking Rates

Our Featured Columbus Bank Rate

More Columbus Banks

Home City Bank of Springfield

2454 North Limestone Street
Springfield, OH, 45503

Insight Bank

8760 Orion Place, First Floor
Columbus, OH, 43240

The Guernsey Bank

547 High Street
Worthington, OH, 43085

Total Assurance Credit Union

P.O. Box 19
Worthington, OH, 43085

Cme Credit Union

365 S. Fourth Street
Columbus, OH, 43215

Hopewell Credit Union

P.O. Box 2157
Heath, OH, 43056

See all Columbus Banks
Current Columbus Rates Update

Not all banks are created equal. If you’re looking for the right banking rates for you, sometimes the best place to look is in your own backyard. Whether you’re looking for high interest savings or CD accounts, or maybe even the right mortgage for your future home, it’s always smart to check out Columbus banking rates. Most of the time, the biggest bank doesn’t necessarily mean it’s the right bank.

Columbus banks have a better understanding of what their customers need, and in turn, provide rates that may better suit their community.

With Columbus banks, you’re looking at businesses that know what they do best and stick to it. You won’t have to worry about as much unneeded risk. In economic times like these, that peace of mind is worth its weight in gold.

If you're looking for more competitive rates, and just aren’t finding it at the usual places, expand your search. The best part about it? You don’t have to go very far!



United Midwest Savings Bank 2.30% APY 12-Month CD

united-midwest-savings-bank

Ohio’s United Midwest Savings Bank is offering a special rate of 2.30% APY on their 12-month CD. The bank is also offering special rates on their checking and money market accounts. Their promotion is called “Pick Any Two” andallows you to pick two deposit deals at special rates. Here are the three deposit deals:

  • 2.30% APY on the 12-month CD
  • 2.10% APY on the money market account (this rate is guaranteed until 12/31/09)
  • 1.50% APY on the checking account (this rate is guaranteed until 12/31/09)

All accounts require a $500 minimum to open and maintain them. Opening two of three accounts for the “Pick Any Two” promotion is preferred, but not required. To open any of these accounts, you must visit one of their Ohio branches in DeGraff, West Manchester orColumbus, or their Falmouth, Kentucky location (named Pendleton Savings Bank).

UPDATE: United Midwest Savings Bank is no longer offering this promotional rate. Please contact the bank directly for current rates promotions.

***For more of the highest CD rates, please visit Go Banking Rates daily.***

Life Changes Affecting Columbus Banking Rates

  • You want to take your family to Hawaii for Christmas.
  • Your mother may need to come live with you in Columbus, and that means you need another bedroom. You’re paying too much for your home insurance and are determined to find something better.

Get the Best Rates in Columbus, OH

Columbus Banking Rates is a free resource for consumers to help them find the right rates that best suit their needs. Columbus Banking Rates works with thousands of Banks, Lenders, Mortgage Companies, Credit Card Companies and other financial institutions to bring you the most up-to-date interest rates, savings rates and loan rates.

Columbus Banking Rates also can match you with the best local companies based on your current credit rating and credit score. No matter what your credit score is, Columbus Banking Rates has special relationships with companies who can get you what you are looking for; including: the best Refinance Rates, great CD and Savings Rates, low interest rates for Auto Loans, and thousands of low rate credit cards to match everyone’s needs.

If you do not know your Current Credit Score, you can also access a Free Credit Report and Score through our partner Go Free Credit. This will not only give you your current Credit Report and Credit Score, but also keep you aware of items that can damage your credit score and protect you against identity theft.

Let us know what type of Rate that you are interested in, and your current Credit Score, and we will find the best companies that you should work with. Our service is 100% free to all consumers along with our Free Rate Alerts to keep you up-to-date on interest rates and rate news from our experts.tes. Take your time, research our partners, find the best Rates for you. You can also email us anytime with questions you have about comparing rates, rate quotes, interest rates or other information you need to better understand how to get the best rates for you!

Free Rate Resources in Columbus, OH

Columbus Banking Rates is rapidly becoming the premier Columbus interest rate source. By working with thousands of financial companies, Columbus Banking Rates has up-to-date Interest Rates, news and Rate information across many products and services including:

Columbus Banking Rates specializes on putting people together with companies who want their business. If you have a great Credit Score, Columbus Banking Rates has banks, lenders and credit card companies who can get you the lowest rates based on your situation, if you have a not-so-great Credit Score, Columbus Banking Rates has just as many partners who can find the best rates for your based on your needs.

Our site will add thousands of new partners every year that want to work with you to get you the Best Rates. Take your time, research our partners, find the best Rates for you. You can also email us anytime with questions you have about comparing rates, rate quotes, interest rates or other information you need to better understand how to get the best rates for you!

Higher Rents as a Result of Rising Foreclosures


Rental prices in Florida are on the rise even as home prices are becoming for affordable. The Center for Housing Policy recently released its findings on a comparison study of the Florida metropolitan area between 2007 and 2008, called “Paycheck to Paycheck: Wages and the Cost of Housing in America.” The main culprit is hard to pinpoint, but many analysts believe it is the rise in foreclosures and unemployment that is pushing people who can no longer afford homes into rentals.

Rents Go Up with Demand

Because the demand is now greater for renting, prices have gone up to reflect it. But it’s not just Florida. The same increase in renting is affecting the entire country, as most major metropolitan areas have experienced at least a slight increase year over year. Here is an idea of rental costs in several major cities in 2008 compared to the previous year.

  • Fort Lauderdale: Average monthly rent, $1,313 (#13 most expensive city to rent in; it was #27th in 2007)
  • San Francisco: Average monthly rent, $1,658 in 2008 (#1 most expensive city to rent in)
  • Honolulu, Santa Cruz, Suffolk-Nassau, and Santa Ana followed San Francisco as the top 5 most expensive cities to rent in

Lower Home Prices Good News for Some

The continuing decline in home prices has dramatically lowered the price of home ownership. According to one analyst, the national average income required to buy a median home was only $60,000 a year. Local markets are drastically different however, as Market Watch noted it required only $24,000 a year to buy a home in Youngstown Ohio, while a home in San Francisco would require an annual income of $187,000.

Homes in areas hardest hit by foreclosures and unemployment have become even more affordable. In Oakland, Modesto, Stockton, Salinas and Merced, California, home prices were cheaper by 47-54% compared to the previous year. Analysts were quick to point out that the decline in home prices is still not enough to resolve the country’s real estate woes. Contractors and other professions who thriving as a part of the stimulus bills still have trouble affording their rent each month, and something must be done in order to address the real issue affecting the economy: unemployment. As home prices continue their downward slide and mortgage rates hold at low rates, there will be a point where the bottom will be reached and homes will become affordable again. There are only two ways to solve this crisis. Either home prices must drop to correspond with salaries, or everyone will get a 100% raise and unemployment must slow. Which do you think will happen first?

Can people you know now afford to buy homes when they were priced out in 2007?


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