iAdvertiser Disclosure
Advertiser Disclosure Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
Ohio Savings Rate Trends

Lorain, Ohio (OH) Savings Rates - March 2026

The best savings rates for Lorain, Ohio and the surrounding area include The Huntington National BankThe Huntington National Bank4200 Oberlin Ave, Lorain, OH 44053A+5.0 ★Texas Ratio: 4.60% High-Yield Savings at 2.98% APY, GenFed Financial Credit UnionGenFed Financial Credit Union5320 Oberlin Ave, Lorain, OH 44053A+5.0 ★Texas Ratio: 4.29% Health Savings Account at 0.65% APY, CLEVELAND SELFRELIANCECLEVELAND SELFRELIANCE3010 CHARLESTON AVE, LORAIN, OH 44055A5.0 ★Texas Ratio: 6.34% REGULAR SHARES at 0.36% APY, Achieve Credit UnionAchieve Credit Union4459 Oberlin Ave, Lorain, OH 44053A+5.0 ★Texas Ratio: 4.26% Roth / Traditional IRA (Share Savings) at 0.05% APY, and Northwest Bank Warren, PANorthwest Bank Warren, PA457 Broadway, Lorain, OH 44052A+5.0 ★Texas Ratio: 5.33% Statement Savings at 0.01% APY.

To see how these savings rates in Lorain, Ohio, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Lorain, Ohio (OH) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Lorain, Ohio and the surrounding area. Last Updated and Verified: March 20, 2026

Lorain, OH Savings Rate Trends

Compare local Lorain, OH savings rate quotes against the statewide average

Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Ohio Savings Trends →
High-Yield Savings — OH Avg
2.810%

Ohio high-yield savings rates currently average 2.810% APY based on data from institutions in our monitoring network.

Standard Savings — OH Avg
0.876%
▲ 0.426 from last week

Ohio standard savings rates rose 0.426 points this week to 0.876% APY, up from 0.450% last week.

As of Mar 20, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Compare the Best Savings Rates in Lorain, Ohio & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
4200 Oberlin Ave, Lorain, OH 44053
High-Yield Savings
2.98%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 20, 2026
Details

Minimum of $5,000 not currently deposited at Huntington.

GenFed Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
5320 Oberlin Ave, Lorain, OH 44053
Health Savings Account
0.65%
$0
Rate0.65%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

GenFed Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
5320 Oberlin Ave, Lorain, OH 44053
Health Savings Account
0.40%
$0
Rate0.40%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

CLEVELAND SELFRELIANCE
Institution Rating:
A5.0 ★Texas Ratio: 6.34%
3010 CHARLESTON AVE, LORAIN, OH 44055
REGULAR SHARES
0.36%
$0
Rate0.35%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Over $5,000

CLEVELAND SELFRELIANCE
Institution Rating:
A5.0 ★Texas Ratio: 6.34%
3010 CHARLESTON AVE, LORAIN, OH 44055
Share Draft
0.26%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Qualifying balance up to $1,000.00

CLEVELAND SELFRELIANCE
Institution Rating:
A5.0 ★Texas Ratio: 6.34%
3010 CHARLESTON AVE, LORAIN, OH 44055
REGULAR SHARES
0.26%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Up to $5,000

CLEVELAND SELFRELIANCE
Institution Rating:
A5.0 ★Texas Ratio: 6.34%
3010 CHARLESTON AVE, LORAIN, OH 44055
SHARE DRAFTS
0.26%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Over $1,000

GenFed Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
5320 Oberlin Ave, Lorain, OH 44053
Health Savings Account
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

CLEVELAND SELFRELIANCE
Institution Rating:
A5.0 ★Texas Ratio: 6.34%
3010 CHARLESTON AVE, LORAIN, OH 44055
SHARE DRAFTS
0.16%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Up to $1,000

CLEVELAND SELFRELIANCE
Institution Rating:
A5.0 ★Texas Ratio: 6.34%
3010 CHARLESTON AVE, LORAIN, OH 44055
Share Draft
0.16%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Qualifying balance up to $1,000.00

GenFed Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
5320 Oberlin Ave, Lorain, OH 44053
Traditional Savings Account
0.05%
$5
Rate0.05%
Min Deposit$5
Min Balance
UpdatedMar 20, 2026
Details

GenFed Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
5320 Oberlin Ave, Lorain, OH 44053
IRA Savings
0.05%
$100
Rate0.05%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

GenFed Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
5320 Oberlin Ave, Lorain, OH 44053
Cash Cow Savings Account
0.05%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Achieve Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.26%
4459 Oberlin Ave, Lorain, OH 44053
Roth / Traditional IRA (Share Savings)
0.05%
$5
Rate0.05%
Min Deposit$5
Min Balance
UpdatedMar 17, 2026
Details

Achieve Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.26%
4459 Oberlin Ave, Lorain, OH 44053
Share Savings
0.03%
$5
Rate0.03%
Min Deposit$5
Min Balance
UpdatedMar 17, 2026
Details

2,4

Northwest Bank Warren, PA
Institution Rating:
A+5.0 ★Texas Ratio: 5.33%
457 Broadway, Lorain, OH 44052
Statement Savings
0.01%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

GenFed Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
5320 Oberlin Ave, Lorain, OH 44053
Health Savings Account
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Century Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.21%
28251 Lorain Rd, North Olmsted, OH 44070
Savings Jar
10.47%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Pathways Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.58%
5665 N Hamilton Rd, Columbus, OH 43230
Owner Rewards Savings
10.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $5,000.00

Seven Seventeen Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
3181 Larchmont Ave NE, Warren, OH 44483 2435
Youth Startup Savings Account
7.17%
$0
Rate6.99%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Ohio State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
2106 E Main St, Bexley, OH 43209
Jump Start Savings for Kids
7.00%
$25
Rate0.00%
Min Deposit$25
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $1500.00

Ohio State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
2106 E Main St, Bexley, OH 43209
Jump Start Savings for Kids!
7.00%
$25
Rate0.00%
Min Deposit$25
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $1500.00

Ohio State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
2106 E Main St, Bexley, OH 43209
OSB Jump Start Savings for Kids
7.00%
$0
Rate6.78%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $1500.00

Kemba Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.84%
555 Officenter Pl, Gahanna, OH 43230 5314
Ohio Homebuyer Plus Savings Account
6.25%
$500
Rate0.00%
Min Deposit$500
Min Balance
UpdatedMar 20, 2026
Details

KEMBA Advantage APY

Kemba Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
8763 Union Centre Blvd, West Chester, OH 45069
Ohio Homebuyer Plus Savings
6.25%
$0
Rate6.08%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

First Federal S&L of Lakewood
Institution Rating:
A+5.0 ★Texas Ratio: 2.73%
5659 Broadview Rd, Parma, OH 44134
Ohio Homebuyer Plus Savings Account
6.17%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Qualifying balance up to $1,000.00

River Valley Credit Union Miamisburg, OH
Institution Rating:
A+5.0 ★Texas Ratio: 3.99%
505 Earl Blvd, Miamisburg, OH 45342
Sweet Savings Youth Account Tier 1
6.17%
$0
Rate6.00%
Min Deposit$0
Min Balance
UpdatedMar 11, 2026
Details

Superior Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.36%
1205 E Kibby St, Lima, OH 45804
Ohio Homebuyer Plus Savings Account
6.00%
$0
Rate5.84%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

1st National Bank OH
Institution Rating:
A5.0 ★Texas Ratio: 9.28%
1000 E Main St, Lebanon, OH 45036
Ohio Homebuyer Plus Savings Account
6.00%
$500
Rate5.83%
Min Deposit$500
Min Balance
UpdatedMar 18, 2026
Details

APY = Annual Percentage Yield. Terms apply.

Kemba Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
8763 Union Centre Blvd, West Chester, OH 45069
Ohio Homebuyer Plus Savings
5.25%
$0
Rate5.13%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

MyUSA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.93%
3600 Towne Blvd, Middletown, OH 45005 5543
Student Savings
5.13%
$0
Rate5.00%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

(ages 0-17 or older with current Student ID)

Together Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
690 Schrock Rd, Columbus, OH 43229 1123
Accelerate It Savings
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Qualifying balance up to $5,000.00

Everence Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.68%
4136 Kidron Rd, Dalton, OH 44618
Youth savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

Qualifying balance up to $1,000.00

CINCINNATI OHIO POLICE
Institution Rating:
A5.0 ★Texas Ratio: 7.25%
959 W 8th St, Cincinnati, OH 45203
Youth Savings
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Riverview Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.99%
403 Main St, Belpre, OH 45714 1615
Youth Savings (Prime Savers)
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $1,000.00

River Valley Credit Union Miamisburg, OH
Institution Rating:
A+5.0 ★Texas Ratio: 3.99%
505 Earl Blvd, Miamisburg, OH 45342
Cap & Gown College Savings Age 0 - 8
4.27%
$0
Rate4.19%
Min Deposit$0
Min Balance
UpdatedMar 11, 2026
Details

Kemba Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
8763 Union Centre Blvd, West Chester, OH 45069
Ohio Homebuyer Plus Savings
4.25%
$0
Rate4.17%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

OUCU Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.65%
944 E State St, Athens, OH 45701
IRA High Yield Savings
4.00%
$0
Rate3.94%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Ukrainian Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
5602 State Rd, Cleveland, OH 44134
High Dividend Share Draft
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $25,000.00

Ukrainian Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
5602 State Rd, Cleveland, OH 44134
Personal Share Draft
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $25,000.00

River Valley Credit Union Miamisburg, OH
Institution Rating:
A+5.0 ★Texas Ratio: 3.99%
505 Earl Blvd, Miamisburg, OH 45342
Cap & Gown College Savings Age 9 - 14
3.75%
$0
Rate3.69%
Min Deposit$0
Min Balance
UpdatedMar 11, 2026
Details

Bridge Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.02%
1980 W Broad St, Columbus, OH 43223
Coverdell Education Savings
3.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

$250 Minimum / 12 Months; ConnectMORE APY*

Corporate America Family Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
136 McMahan Blvd, Marion, OH 43302
Business Prosperity Savings
3.75%
$1,000
Rate0.00%
Min Deposit$1,000
Min Balance
UpdatedMar 18, 2026
Details

Intro rate subject to change

Community Savings
Institution Rating:
A+5.0 ★Texas Ratio: 0.90%
425 Main St, Caldwell, OH 43724
High Yield Savings
3.75%
$25
Rate3.68%
Min Deposit$25
Min Balance
UpdatedMar 20, 2026
Details

Community Savings
Institution Rating:
A+5.0 ★Texas Ratio: 0.90%
425 Main St, Caldwell, OH 43724
High-Yield Savings
3.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Wright-Patt Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.66%
1506 N Fairfield Rd, Beavercreek, OH 45432 2737
Business Share ertifiates Minimum
3.72%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

$500; Month

Versailles S&L Co.
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
10413 Kley Rd, Versailles, OH 45380
Education Savings
3.64%
$0
Rate3.58%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Any Amount

F&M Bank Miamisburg, OH
Institution Rating:
A+5.0 ★Texas Ratio: 0.27%
41 S 1st St, Miamisburg, OH 45342
Super Saver Savings
3.55%
$25
Rate3.50%
Min Deposit$25
Min Balance
UpdatedMar 18, 2026
Details

NCF Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
400 N Main St, New Carlisle, OH 45344
Community Builder Savings
3.50%
$0
Rate3.44%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

FIRELANDS
Institution Rating:
A+5.0 ★Texas Ratio: 1.80%
300 North Street, Bellevue, OH 44811
Round Up Savings Account
3.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

NCF Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
400 N Main St, New Carlisle, OH 45344
Community Builder Savings
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Buckeye State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.96%
1885 Northwest Blvd, Columbus, OH 43212
Buckeye Championship Savings
3.25%
$50
Rate0.00%
Min Deposit$50
Min Balance
UpdatedMar 20, 2026
Details

USB Union Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.66%
8805 Governors Hill Dr, Cincinnati, OH 45249
Collateral - Statement Savings
3.25%
$0
Rate3.25%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

over current rate account is earning

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
201 E Fifth St, Cincinnati, OH 45202
PNC High Yield SavingsĀ®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Greenville Federal
Institution Rating:
A+5.0 ★Texas Ratio: 4.17%
690 Wagner Ave, Greenville, OH 45331
Premium Money Market Savings
3.15%
$25,000
Rate3.10%
Min Deposit$25,000
Min Balance
UpdatedMar 20, 2026
Details

FNB of Pandora
Institution Rating:
A+5.0 ★Texas Ratio: 4.15%
102 E Main St, Pandora, OH 45877
Passbook Savings
3.10%
$50
Rate3.05%
Min Deposit$50
Min Balance
UpdatedMar 13, 2026
Details

The Baltic State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
101 E Main St, Baltic, OH 43804
Savings Personal and Business
3.05%
$0
Rate3.01%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Rate based on current balance

First Mutual Bank, FSB
Institution Rating:
A5.0 ★Texas Ratio: 8.08%
605 Washington Blvd, Belpre, OH 45714
Uplift Savings
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

First Federal Community Bank N.A.
Institution Rating:
A+5.0 ★Texas Ratio: 1.04%
141 W Ohio Ave, Dover, OH 44622
Health Savings Account
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Warsaw Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 2.11%
3533 Warsaw Ave, Cincinnati, OH 45205
Uplift Savings
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Lorain, Ohio directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Lorain, Ohio. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in OH.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Savings Accounts in Lorain, Ohio

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Ohio, help your money grow faster through a higher APY.

Are savings accounts in Lorain, Ohio safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Ohio up to $250,000 per depositor, per institution.

How often do savings rates change in Lorain, Ohio?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Ohio rate tables daily to ensure you see the most current high-yield options.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Lorain, Ohio may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Lorain, Ohio?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Lorain, Ohio offer in-person customer service, which some customers prefer.

How do I open a savings account in Lorain, Ohio?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Lorain, Ohio

Here are recent savings rates observed in Lorain, Ohio and the surrounding area:
  • The Huntington National Bank
    High-Yield Savings — 2.98% APY
  • GenFed Financial Credit Union
    Health Savings Account — 0.65% APY
  • CLEVELAND SELFRELIANCE
    REGULAR SHARES — 0.36% APY
  • Achieve Credit Union
    Roth / Traditional IRA (Share Savings) — 0.05% APY
  • Northwest Bank Warren, PA
    Statement Savings — 0.01% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Lorain, Ohio. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 20, 2026