Huntington Bank offers standard CDs across terms ranging from one month to 72 months. Promotional CDs are also available. The minimum deposit is $1,000.
Early withdrawal penalties vary depending on the length of the CD term. For 1-year CDs, the penalty for an early exit is just three months. But for CDs with terms higher than 18 months, you can lose up to a year’s worth of interest.
CD yields are low compared to what online banks offer.
Savers do not earn more interest for higher balances.
Harsh early withdrawal penalty for long-term CDs.