Home Savings Bank's CD Rates and Financial Information
Home Savings Bank Main Address and Contact Information
1455 East 2100 South Street
Salt Lake City, Utah 84105
Home Savings Bank FDIC Certification Number
Home Savings Bank
Rating: (4 out of 5)100
Home Savings Bank CD Rates
Home Savings Bank Jumbo CD Rates
Home Savings Bank IRA CD Rates
Rates Updated: 02/24/2017
Articles Related to Home Savings Bank
This Past Week's CD Rate Changes
Eight banks and one credit union in our database changed some of their CD rates this past week. Most of the CD rate changes were higher, which was nice to see. EverBank CD rates were changed more than once this past week, the most recent changes are at the top of the rate list below.
There is some good news regarding bank CD rates possibly moving higher in the near future. Despite September's employment numbers being slightly weaker than expected, CNBC reported the probability of a fed rate hike moved higher this morning. CNBC is basing their report on the CME Group's FedWatch Tool. The tool is used to track the market's expectation of a rate hike. Before the employment report, the probability of a December rate hike was at 63.9 percent. After Friday's report was released, it moved up to 70.2 percent.
If there is a December rate hike, it will most likely be 25 basis points. This hike might entice banks to increase their short term and intermediate term CD rates. If there is a rate hike, we won't see all banks and credit union increase their CD rates. It's likely that some online banks with the highest current CD rates will increase their rates.
The best CD rates on our 1 year certificates of deposit rate list are currently at 1.30 percent. A 0.25 percent fed fund rate hike might send the best 1 year rates towards 1.50 percent. It's been several years since we've seen 1 year rates as high as 1.50 percent.
This past week's CD rate changes are listed below.
Home Savings Bank 1 Year Jumbo CD Rates now at 0.90%
Home Savings Bank 1 Year Jumbo CD rates are now at 0.90 percent with a yield of 0.90 percent. View current 1 Year Jumbo CD rates at Home Savings Bank below. Read more...
Home Savings Bank Lowers Internet CD Rates
Home Savings Bank, headquartered in Youngstown, Ohio, has recently lowered CD rates on their 1 and 2 year internet certificates of deposit. Home Savings Bank lowered CD rates by 10 basis points on their regular certificates of deposit and 20 basis points on their jumbo certificates of deposit.
The new lower rates on the bank's internet certificates of deposit are still higher than the bank's traditional brick and mortar CD rates. The rates are still also very competitive as compared to other bank CD rates.
For example, the new 1 year internet CD rate is 1.14 percent with a yield of 1.15 percent. The rate is higher than the average 1 year CD rate currently at 1.09 percent and Home Savings Bank's 1 year rate is still in the top seven rates available in the rate database. The current CD rate changes are listed below:
Home Savings Bank CD Rate Changes
Opening a CD account online is quick and easy and it will only take around 10 minutes. You must be a U.S. Citizen or resident alien. You need to be 18 years or older, have a U.S. address, a social security number, and a state issued drivers license or identification card.
CD account disclosers, which we had to dig deeply for on hsbutah.com, are listed below.
Facts on Home Savings Bank CD Accounts
Home Savings Bank Early Withdrawal Penalties
In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some
To see a list of all Home Savings Bank CD Rates or to fill out an online CD account application go to Home Savings Bank CD Rates and Application.Read more...
1.30% APY - This Week's Top 1 Year Rate
The Federal Open Market Committee meets in just over a week to decide on interest rates. August job's report, released last Friday, showed the labor market continuing to improve, adding pressure to the Fed to increase the fed funds rates. Read more...
Banks Hold Steady on CD Rates - Top Rates Remain Unchanged this Week
There were no changes to the highest CD rates available in our database this week. Financial institutions are probably holding tight on rates to see if the Federal Reserve increases the fed funds rates next month. An increase was more than likely but the recent equity market declines have made an increase less likely. Read more...
CD Rate Report - August 20, 2015 - Top 1 Year CD Rate at 1.30% APY
There were only 2 CD rate changes this week as financial institutions wait for the September Federal Reserve meeting and potential rate hike. My e-BAnC by BAC Florida Bank increased their 18 month rate 1 basis point to 1.21 percent APY and EverBank lowered their 4 year rate to 1.87 percent, a decline of 4 basis points. Read more...
CD Rate Report August 10, 2015
There were several changes to CD rates this week. The good news is, most of the changes were higher and there was only 1 decrease. The biggest increases were on EverBank's 3 month rate and E-Loan's 3 year rate. E-Loan also had the majority of increases this week. Read more...
CD Rate Report August 3, 2015
Average CD rates moved higher this week for all CD terms with the exception of 3 month rates. The biggest average CD rate increase was on the longest term certificates of deposit. 5 year CD rates on average increased from 1.66 percent last week to 1.76 percent this week. Read more...
CD Rates - July 24, 3015 Report
It is hard to believe we might be less than 2 months away from higher CD rates when the FOMC increases the fed funds rate. Banks and credit unions have been increasing rates, but for the most part the increases have been small. In this week's CD Rate Report, there were a handful of rate increases and a couple rate decreases. Read more...
CD Rate Report July 9, 2015 - Best 1 Year CD Rate Remains at 1.25 Percent
This past week we had 8 banks in our database increased their CD rates and 1 bank that lowered their CD rate. There are new top rates on the 2 year rate list and 3 year rate list. Read more...
Compare Home Savings Bank's CD Rates With Other Bank Rates Below
Home Savings Bank Financials