CD Review Bank: Huntington Bank Insurance: FDIC to $250K (Cert #6560) Last updated: 2026-06-27

Huntington Bank CD Review (2026) — Ohio Regional CDs

Quick take: Huntington Bank (Columbus, OH-headquartered) covers OH, MI, IN, IL, PA, and 6 other Midwest/Mid-Atlantic states. Promotional CDs pay ~3.75% on 9 and 11-month terms; Standard CDs pay 0.05-0.25%. The TCF acquisition (2021) doubled the footprint.

Hero stats · Huntington Bank CDs

APY Range

0.05% – ~3.75% (Promotional)

FDIC Cert #

6560

Bank Size

~15th-largest US bank ($190B assets)

Min Deposit

$1,000

EWP

90–545 days interest

As of

2026-06-27

Huntington Bank CD rates — full term ladder

Here’s the current Huntington Bank CD rate sheet across all standard and promotional terms as of 2026-06-27:

Term	APY
Promotional 9-Month	3.75%
Promotional 11-Month	3.60%
Promotional 14-Month	3.40%
Standard 3-Month	0.05%
Standard 6-Month	0.05%
Standard 1-Year	0.10%
Standard 2-Year	0.15%
Standard 3-Year	0.20%
Standard 5-Year	0.25%

Rates as of 2026-06-27. Huntington Bank re-prices based on Fed funds and competitive pressure. Confirm current rates on the bank’s site before opening.

Pros and cons

Pros

~3.75% Promotional CD is reasonable
Strong Midwest branch coverage (~1,000 branches)
FDIC-insured (Cert #6560)
"24-Hour Grace" overdraft protection on linked checking is well-regarded
Low $1,000 minimum

Cons

Standard CDs 0.05-0.25%
Promotional rates only on 3 short terms
EWP up to 545 days on 60+ month CDs
Footprint absent west of MN
Long-term CDs trail online and MYGAs significantly

Why this CD is so much lower than online competitors

Huntington's ~1,000 branches across 11 states means moderate branch density per state. Standard pricing reflects branch operating costs first; promotional rates are sales tools.

The branch-overhead math

A megabank branch costs roughly $1–2M per year to operate (real estate, staffing, security, utilities, IT, compliance). Multiply across thousands of branches and the bank’s effective cost of deposits is 2–3% before paying you a dime. An online bank with zero branches can pass nearly that entire spread back to depositors as APY. That’s why Marcus, Ally, Synchrony, and Discover routinely pay 4.00–4.50% while megabanks pay 0.05%.

Better alternatives at higher APY

If branch access isn’t critical for you, these alternatives currently pay materially more on the same FDIC-insured deposit:

Marcus 1-Year CD — ~4.50%
Ally 1-Year CD — ~4.50%
Synchrony 5-Year CD — ~4.00%

For a 30+ bank comparison at the 5-year point, see Best 5-Year CD Rates 2026.

When a MYGA beats this CD

A Multi-Year Guaranteed Annuity (MYGA) is the insurance-industry equivalent of a CD: lock a fixed rate for a fixed term, principal-protected. The pricing gap vs. a megabank CD is dramatic.

Math at $250,000 over 5 years:

Huntington 5-year Standard CD pays 0.25%. A 5-year MYGA pays ~5.50%. On $250,000:

Huntington 5-Year CD @ 0.25%: $253,138 ending balance
5-Year MYGA @ 5.50%: $326,740 ending balance
Difference: $73,602 — in favor of the MYGA

MYGAs also defer tax on interest until withdrawal — CDs are taxed annually as ordinary income whether you touch the interest or not. The trade-off: MYGAs have a fixed surrender schedule (usually with 10%/yr free withdrawal); CDs have shorter penalty periods. For taxable retirement money you don’t plan to touch, the MYGA almost always wins. See CD vs MYGA Comparison.

FAQ — Huntington Bank CDs

What's the current Huntington CD rate?

Promotional CDs ~3.40-3.75% on 9, 11, 14-month terms. Standard CDs 0.05-0.25%.

Is Huntington Bank FDIC-insured?

Yes. The Huntington National Bank is FDIC-insured (Cert #6560).

Minimum deposit?

$1,000 for all CDs.

Early withdrawal penalty?

90 days for under 12 months; 180 days for 12-23 months; 365 days for 24-47 months; 545 days for 48+ months.

Does Huntington offer IRA CDs?

Yes.

Did the TCF merger affect existing CDs?

Legacy TCF CDs converted to Huntington at maturity.

Is a MYGA better?

For 3+ year horizons, yes — ~$73K gap on $250K over 5 years.

Before you lock in — see what a MYGA pays at the same term

Hans Goldstein, independent licensed insurance producer.

If you’re looking at a Huntington Bank CD, you should see what an A-rated MYGA pays for the same lock-up. The yield gap is often 100–500 basis points — on a $250K deposit over 5 years that’s real money.

Drop your info and you’ll get a written side-by-side: this CD vs. the top 3 MYGAs at the same term, with end-of-term math at your actual deposit amount. No pitch, no follow-up calls unless you ask.

Hans Goldstein · 213-414-2808 · NPN 20602398, independent licensed insurance producer appointed with multiple A-rated carriers

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Disclosure

This review reflects publicly posted bank rates and approximate APYs as of 2026-06-27. CD rates change frequently — confirm current rates directly with Huntington Bank before opening an account. This article is general information for educational purposes; it is not a personalized recommendation, solicitation, or offer of any specific banking or insurance product. Huntington Bank is FDIC-insured to the limits stated; coverage is per depositor, per ownership category. Hans Goldstein is an independent licensed insurance producer (NPN 20602398) appointed with multiple A-rated annuity carriers; he is NOT a bank employee, broker-dealer, or registered representative, and is not paid by Huntington Bank for this review. No compensation has been received from Huntington Bank in connection with this content. MYGA comparisons reference rates from A-rated carriers as of the date stated; carrier rates change monthly. Always read the actual CD disclosure or annuity contract before purchasing.