Huntington Bank is a full-service regional bank operating primarily in the Midwest and Northeast regions of the U.S. With lower rates and higher minimum deposit requirements, Huntington Bank may not be the best option for capitalizing on funds you won’t need for a while.Ĭomparing rates from multiple financial institutions-with a focus on terms that fit your needs-will help you find a CD that maximizes your earning potential. The interest you’d earn is insignificant on all but Huntington’s promotional rate CDs, which are competitive with other banks. Most of Huntington Bank’s CD rates aren’t competitive with the best CD rates-or even average CD rates. Here’s what you can earn with Huntington Bank’s fixed-rate CDs with a $10,000 investment, assuming the earnings are compounded daily: How Huntington’s CDs Compare Interest earned on Huntington CDs depends on your term length and account balance. How Much Can You Earn With Huntington’s CD Rates? Penalties range from 3 months to 12 months of simple interest, depending on your CD term length. Similar to most banks, Huntington Bank charges an early withdrawal penalty for withdrawing funds from a CD account before it reaches maturity. Huntington CDs feature a 10-day grace period following the maturity date in which customers can add or withdraw funds, change CD terms or close the account. Customers can have interest paid out monthly, quarterly, semi-annually, annually or at maturity.Īside from the 7-day and 14-day jumbo CDs, which are non-renewable, Huntington Bank CDs automatically renew at maturity. Traditional fixed-rate CDs come with a minimum deposit requirement. Huntington Bank offers two types of CD accounts.

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