DISCLOSURES
1 IRA CD. IRA CD provides guaranteed fixed rate for the term of the CD; $1,000 minimum to open; subject to early withdrawal penalty and IRS tax implications. Variety of short and longer terms are available.
Certificate of Deposit accounts with competitive rates
Plan with purpose. Save with certainty.
Backed by 1,000+ branches across 21 states, Huntington gives you in-person access and guidance along the way. A certificate of deposit (CD) is a savings option that offers a fixed interest rate, so you can plan ahead knowing exactly what to expect.
Smart CD features, thoughtfully crafted
Earn predictable returns
Lock in a competitive rate
Your money is protected
Choose your own CD term
How does a CD work?
CDs from Huntington are offered by an FDIC-insured bank, which means deposits are protected up to applicable limits, adding an extra layer of confidence to your savings strategy.
The Deal
The Rate
The Patience
The Payout
What you’ll need to open a CD
To get started, you’ll need basic identification (such as a government-issued ID and Social Security number or ITIN), a funding source, and at least a $1,000 opening deposit. CDs can be opened at a branch near you.
Compare CD interest rates
We monitor the market daily to offer competitive CD rates, so your money keeps working as hard as you do. Huntington’s CD rates are guided by broader economic conditions, like Federal Reserve rate changes, allowing us to stay competitive while supporting customers across the communities we serve.
When comparing CD options, it’s important to match your term length to your savings goals. Short-term CDs (from 1 to 12 months) can be a good fit if you want flexibility, expect rates to change, or are looking for promotional rate opportunities.
With 1,000+ branches across 21 states, Huntington also gives you access to local, in-person guidance. Whether you’re opening a CD, comparing rates, or planning your next move at maturity, you can get personalized support when and where you need it.
CD Savings Calculator
See how your savings could grow over time
Estimate the future value of your certificate of deposit. Just enter your deposit amount, term, interest rate, and compounding frequency to get started.
Huntington’s CD IRA
A fixed-rate CD with IRA benefits
A CD IRA combines the predictable growth of a certificate of deposit with the potential tax advantages of an individual retirement account. Huntington offers Traditional and Roth CD IRAs, giving you flexibility based on your retirement goals, such as tax-deductible contributions with a Traditional IRA or tax-free qualified withdrawals with a Roth IRA.
CD IRA terms range from 1 month to 6 years, allowing you to choose a timeline that fits your savings strategy. A $1,000 minimum opening deposit is required to get started. Visit a branch to explore your options and find the right fit for your long-term plans1.
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Related Resources
Understanding FDIC insurance
Compare savings account options
Certificates of Deposit FAQs
What is a CD account?
CDs are a type of savings account that offer maximum security of principal—FDIC insured up to applicable limits—and a guaranteed rate of return. They offer fixed term lengths, a fixed date of withdrawal, and fixed interest rates that are usually higher than a savings or money market account.
How does a CD work?
To open a CD account at Huntington, you must visit a branch and open an account in person. Based on the deposit you'd like to make, a banker will help you determine the best CD, term length, and interest rate.
Once you open your CD account and add your deposit, you typically can’t make additional deposits or withdraw money before the CD reaches its fixed date of withdrawal, also known as maturity. Your principal deposit will earn interest that’s compounded—daily, monthly, annually, or at maturity—and you can choose to receive that interest in regular payments, or all at once when the CD reaches maturity. Once the CD term ends, you can choose to renew the CD at a new rate or close the account. Some CDs renew automatically unless you choose to make a withdrawal during the grace period.
How do CD rates work?
CD rates are often higher than a savings or money market account and are fixed rates, so even if national interest rates change, the rate you locked in upon opening your CD will not change.
Like a traditional savings account, the interest earned on a CD account is compounded, meaning you earn interest based on your deposit balance, including interest earned. CD interest can be compounded daily, monthly, annually, or at maturity depending on the type of CD you have.
When do CDs pay interest?
You can usually choose when and how you receive your CD interest payments. At Huntington, interest can be paid monthly, quarterly, semi-annually, annually, or at maturity.
What is the penalty for early withdrawal of a CD?
With most CD accounts, there is a penalty for withdrawing money from your CD before it reaches maturity.
At Huntington, the early withdrawal penalty depends on the type of CD and the term. Log into your Huntington account, visit a Huntington branch, or call us at 800-480-2265 to learn more about your specific early withdrawal penalties.
Are CDs FDIC insured?
Yes. At Huntington, CD accounts are insured up to FDIC limits.
How long does it take to open a Huntington CD?
Opening a Huntington CD is quick. You can open a CD in minutes in a local branch. You’ll need a few basics on hand, including your Social Security number or ITIN, a government‑issued ID, a funding source, and your chosen CD term.
What’s the minimum deposit to open a Huntington CD?
The minimum opening deposit for a standard Huntington CD is $1,000. This requirement applies per CD, so if you open multiple CDs (for example, in a CD ladder), each one would need its own minimum deposit. Some specialty options, like Jumbo CDs, may require different minimum balances.
What CD terms does Huntington offer?
Huntington CDs offer a wide range of term lengths, including 1‑month, 3‑month, 6‑month, and 12‑month options, as well as longer terms ranging up to 6 years.
Term availability may also vary by product type, including standard CDs, CD IRAs, and special fixed‑rate CDs. For the full range of terms and to find the best fit for your savings goals, you can review your options by speaking with a banker in a local branch near you.
Can I add money to my CD after I open it?
Once a Huntington CD is opened, you can’t add money during the term. CDs have a fixed rate and a set deposit amount, so your balance remains unchanged until maturity.
If you have additional funds, you can open a new CD at current rates or keep extra money in a savings account. When your CD matures, you’ll have a grace period to make changes before it renews.
What’s the early withdrawal penalty on a Huntington CD?
Early withdrawal penalties apply if you take money out of a Huntington CD before maturity. The penalty depends on your term length, typically 90 days of interest for CDs under 12 months, and 180 days of interest for terms of 12 months or longer. The penalty is usually taken from interest earned first and, if necessary, from the principal. In certain situations, such as the death of the account holder, penalties may be reduced or waived.
Are Huntington CDs FDIC insured?
Yes. Huntington CDs are issued by The Huntington National Bank, an FDIC‑insured institution, so deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category.