Community Savings Bank savings, CD and money market rates
Community Savings Bank advertises 2.50% APY on its First Steps Savings account. That 2.50% is a promotional rate.
That is 2.13 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #369 of 2767 tracked savings rates by advertised APY. For a $10,000 balance it would rank #229.
Estimate your earnings·What Community Savings Bank actually pays
Community Savings Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 2.50% · First Steps Savings |
| Minimum to open | not stated · First Steps Savings |
| Against the national average | 2.13 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 4.50% · 36 months · 36 Month CD Special |
| Minimum to open | $5,000 · 36 months CD |
| Against the national average | 3.14 percentage points above the 1.36% FDIC 36-month CD average (Sep 2026) |
| Money market | |
| Top money market APY | Up to 3.00% · Money Market Statement Account · needs at least $100,000 |
| Minimum to open | $2,500 · Money Market Statement Account |
| Against the national average | 2.37 percentage points above the 0.63% FDIC money market average (Sep 2026) |
| FDIC certificate | 32286 · Bethel, OH |
|---|---|
| Website | www.bankwith-csb.com |
| Branches | 2 branches in OH |
| Availability | Available in OH |
Community Savings Bank savings, CD and money market rates
Personal
How the rate applies
IRA
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.16% or more. See the highest savings rates.
Community Savings Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 3.35% | $5,000 | 3 Month CD |
| 6 months | 3.35% | $5,000 | 6 Month CD |
| 9 months | 4.25% | $5,000 | 9 Month CD Special |
| 12 months | 3.60% | $5,000 | 12 Month CD |
| 18 months | 3.70% | $5,000 | 18 Month CD |
| 20 months | 3.70% | $5,000 | 20 Month CD |
| 24 months | 3.85% | $5,000 | 24 Month CD |
| 36 months | 4.50% | $5,000 | 36 Month CD Special |
| 48 months | 3.85% | $5,000 | 48 Month CD |
| 60 months | 3.85% | $5,000 | 60 Month CD |
| 72 months | 3.95% | $5,000 | 72 Month CD |
| IRA CDs | |||
| 3 months | 3.35% | $5,000 | 3 Month IRA |
| 6 months | 3.35% | $5,000 | 6 Month IRA |
| 9 months | 4.25% | $5,000 | 9 Month IRA Special |
| 12 months | 3.60% | $5,000 | 12 Month IRA |
| 18 months | 3.70% | $5,000 | 18 Month IRA |
| 20 months | 3.70% | $5,000 | 20 Month IRA |
| 24 months | 3.85% | $5,000 | 24 Month IRA |
| 36 months | 4.50% | $5,000 | 36 Month IRA Special |
| 48 months | 3.85% | $5,000 | 48 Month IRA |
| 60 months | 3.85% | $5,000 | 60 Month IRA |
| 72 months | 3.95% | $5,000 | 72 Month IRA |
Interactive Tool
Calculate Savings for Community Savings Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$961.40(6.4%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,961.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Community Savings Bank pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. That 2.50% is a promotional rate.
In Q2 2026, Community Savings Bank paid a higher average rate on savings and money market deposits than 38% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Community Savings Bank, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| First Steps Savings | 2.50% | not stated | $100 | not stated | not stated | not stated | Promotional | |
| Fine print: The bank designs this account for savers under the age of 18. The premium rate is a limited-time offer and can change. A $10 cash bonus is deposited each year on the owner's birthday while the balance is at least $100, and the bonus stops when the owner reaches age 18. A $5 monthly fee applies to paper statements unless the owner enrolls in e-statements. | ||||||||
| Savings - Statement | 0.15% | $100 | $100 | None | not stated | not stated | One rate | |
| Money Market Statement Account | 3.00% | $2,500 | $5,000 | None | not stated | not stated | Tiered | |
| Fine print: $2,500 is required to open the account. Balances below $5,000 earn no interest. A $5 monthly fee applies to paper statements unless the owner enrolls in e-statements. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 3 Month CD | 3 months | 3.35% | $5,000 | not stated | not stated |
| 6 Month CD | 6 months | 3.35% | $5,000 | not stated | not stated |
| 9 Month CD Special | 9 months | 4.25% | $5,000 | not stated | not stated |
| 12 Month CD | 12 months | 3.60% | $5,000 | not stated | not stated |
| 18 Month CD | 18 months | 3.70% | $5,000 | not stated | not stated |
| 20 Month CD | 20 months | 3.70% | $5,000 | not stated | not stated |
| 24 Month CD | 24 months | 3.85% | $5,000 | not stated | not stated |
| 36 Month CD Special | 36 months | 4.50% | $5,000 | not stated | not stated |
| 48 Month CD | 48 months | 3.85% | $5,000 | not stated | not stated |
| 60 Month CD | 60 months | 3.85% | $5,000 | not stated | not stated |
| 72 Month CD | 72 months | 3.95% | $5,000 | not stated | not stated |
| IRA CDs | |||||
| 3 Month IRA | 3 months | 3.35% | $5,000 | not stated | not stated |
| 6 Month IRA | 6 months | 3.35% | $5,000 | not stated | not stated |
| 9 Month IRA Special | 9 months | 4.25% | $5,000 | not stated | not stated |
| 12 Month IRA | 12 months | 3.60% | $5,000 | not stated | not stated |
| 18 Month IRA | 18 months | 3.70% | $5,000 | not stated | not stated |
| 20 Month IRA | 20 months | 3.70% | $5,000 | not stated | not stated |
| 24 Month IRA | 24 months | 3.85% | $5,000 | not stated | not stated |
| 36 Month IRA Special | 36 months | 4.50% | $5,000 | not stated | not stated |
| 48 Month IRA | 48 months | 3.85% | $5,000 | not stated | not stated |
| 60 Month IRA | 60 months | 3.85% | $5,000 | not stated | not stated |
| 72 Month IRA | 72 months | 3.95% | $5,000 | not stated | not stated |
Fine print for 4 CDs above: Special rate for this term. At renewal the certificate earns the current rate for the term, which may no longer be the special rate.
Opening and using the account
| Availability | Available in OH |
|---|---|
| Footprint | 2 branches in OH |
| Eligibility | not stated |
How Community Savings Bank behaves over time
Every observation of the advertised First Steps Savings rate in the last 12 months was 2.50% (observed through Sep 30, 2026). The series includes promotional tiers where one applied.
- Rate last changed
- Sep 28, 2026(effective date)
$10,000 at the 2.50% APY Community Savings Bank advertises on First Steps Savings grows to $10,250 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,913 does today. See how the federal funds rate shapes savings rates.
Community Savings Bank CD rates over time
Who is Community Savings Bank?
| Headquarters | Bethel, OH |
|---|---|
| Founded | 1889 |
| Scale | $120M assets · $95M deposits, $77M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 32286 |
| Charter state | Ohio · one of 157 insured banks chartered there (Q2 2026, FDIC) |
| Size | 3,563rd-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 87% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Community Savings Bank pays on deposits above.
Common questions about Community Savings Bank
Is the 2.50% at Community Savings Bank a promotional rate?
That 2.50% is a promotional rate. Rates are as observed on Sep 30, 2026.
Is Community Savings Bank FDIC insured?
Yes. Community Savings Bank is FDIC insured under certificate 32286, so deposits are covered up to $250,000 per depositor, per ownership category.
Does Community Savings Bank have branches?
Yes. Community Savings Bank operates 2 branches according to FDIC branch records, in addition to its website and mobile apps.
Community Savings Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Community Savings Bank | 2.50% | 1.13% | not stated | 2 branches in OH |
| Arcadian Bank | 2.50% | 2.68% | $25 | 3 branches in MN |
| Auburn Savings Bank, FSB | 2.50% | 1.54% | $25 | 2 branches in ME |
| Centreville Bank | 2.50% | 2.55% | $10,000 | 23 branches in CT, RI |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Community Savings Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Ohio, nearest to Community Savings Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: banks in Ohio.