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Fifth Third Certificates of Deposit

$500 minimum opening deposit

CD TermAPY*
3-5 Month CD4.50%
6-11 Month CD3.75%
12-23 Month CD (1 to 2 years)3.25%
24-35 Month CD (2 to 3 years)3.00%
36-47 Month CD (3 to 4 years)1.50%
48-59 Month CD (4 to 5 years)1.50%
60-83 Month CD (5 to 7 years)1.50%
84-119 Month CD (7 to 10 years)1.50%
120-144 Month CD (10 to 12 years)1.50%
 *Annual percentage yields (APYs) are accurate as of 11/7/2024. Fifth Third establishes the rates as well as the effective dates and times.
Contributions to the Fifth Third 529 Savings Account and CD Options require two business days to complete the transaction. Accordingly, such contributions will receive the APY in effect on the business day following the receipt of a contribution received in good order before 4:00 p.m. on any given business day. Online contributions may take one to four banking days to process completely. Rates applicable to the opening of a Fifth Third 529 Savings Account or CD may be changed by Fifth Third at any time and without notice. The rates listed here may not be the rate in effect at the time a newly opened Fifth Third 529 Savings Account or CD option is processed.
Minimum opening balance is $500. The interest rate will remain the same until the maturity date of the CD. Interest begins to accrue on the business day of deposit and will be calculated using the daily balance method. This method applies a daily periodic rate to the balance in the account each day. Interest is compounded continuously for CDs of less than $100,000. For CDs of $100,000 or more, the simple interest method is used, and interest is not compounded. Interest will be credited to the CD. Penalty for withdrawing funds prior to maturity date is equal to the greater of (a) one-half of the interest for the unexpired term of the 529 CD; or (b) for 529 CDs of 3-11 months, an amount equal to three months of interest, or for 529 CDs of 12-144 months, an amount equal to 6 months of interest. You may lose money if you withdraw the CD prior to maturity.
Ohio.gov
This site is maintained by the Ohio Tuition Trust Authority, an office within the Ohio Department of Higher Education.

The Ohio Tuition Trust Authority (OTTA), an office within the Ohio Department of Higher Education, administers the CollegeAdvantage 529 Savings Program. The Program is offered and sold as 1.) the CollegeAdvantage Direct 529 Savings Plan, and 2.) the CollegeAdvantage Advisor 529 Savings Plan, offered through BlackRock. OTTA also administers a prepaid tuition program called the CollegeAdvantage Guaranteed 529 Savings Plan, which remains closed since 2004 to new enrollments and contributions.

If you are not an Ohio resident or taxpayer, before you invest, consider whether your home state offers a 529 Plan that provides its taxpayers with state tax and other benefits not available to you through CollegeAdvantage before making an investment.

Before investing in CollegeAdvantage, read the specific Plan’s Offering Statement and Participation Agreement. Except for the Fifth Third investment options, which are insured by the FDIC up to certain limits, investments in CollegeAdvantage are not insured or guaranteed. Participants assume all risk of investment, including the potential loss of principal.

Upromise® is an optional service offered by Upromise, Inc. as an added value to CollegeAdvantage Direct 529 Plan Account Owners. Upromise is separate from the CollegeAdvantage Direct 529 Savings Plan and is not affiliated with the Ohio Tuition Trust Authority or the State of Ohio. Participation in Upromise is optional and voluntary. Specific terms and conditions apply. Participating companies, contribution levels, terms, and conditions are subject to change without notice.

Ugift® is a registered service mark of Ascensus Broker Dealer Services, Inc. Upromise is a registered service mark of Upromise, Inc.

CollegeAdvantage and the Ohio Tuition Trust Authority/CollegeAdvantage logo are registered trademarks of the Ohio Tuition Trust Authority.

© 2015 Ohio Tuition Trust Authority. All rights reserved.