Credit union · NCUA insured
LorMet CD Rates
LorMet’s best CD rate is 0.47% APY on a 30-month share certificate (CD). Terms run from 3 months to 30 months. Rates checked October 16, 2026.
How LorMet’s CD rates compare
Compared with banks and credit unions near Cleveland, OH, where LorMet has the most branches. $10,000, best rate first.
This credit union’s best
LorMet
4.26%APY
- Term
- 11 months
- Requires
- Another account
- Minimum
- $1,000
- Earns on $10,000
- $390
Certificate Specials
Top rate
7 17 Credit Union
4.75%APY
- Term
- 60 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $2,612
2nd-highest rate
First Federal Savings of Lorain
4.60%APY
- Term
- 35 months
- Requires
- Another account
- Minimum
- $250
- Earns on $10,000
- $1,402
LorMet CD score
61
CD score
Higher than 4% of U.S. banks and credit unions
- 3–8 months3–8 mo0.12%
- 9–15 months9–15 mo0.22%
- 16–30 months16–30 mo0.47%
- QualifiedQualified4.26%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where LorMet ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Certificate Specials
Up to 4.26%APY · 2 terms
Open LorMet Checking Account required. $1,000 minimum opening balance. A penalty may be charged for early withdrawal. Rates effective as of October 2, 2026.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 months6 Month Certificate Special. Open LorMet Checking Account required. A penalty may be charged for early withdrawal | 4.15% | $205 |
| 11 months11 Month Certificate Special. Open LorMet Checking Account required. A penalty may be charged for early withdrawal | 4.26% | $390 |
Sources (3)
All captured Oct 6, 2026
Share Certificates
Up to 0.47%APY · 7 terms
Fixed-rate, fixed-term accounts. Minimum opening balance of $1,000. Early withdrawal penalty applies. Rates effective October 1, 2026.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months91 Days term. A penalty may be charged for early withdrawal | 0.12% | $3 |
| 6 months182 Days term. A penalty may be charged for early withdrawal | 0.12% | $6 |
| 9 months9 Months term. A penalty may be charged for early withdrawal | 0.12% | $9 |
| 12 months12 Months term. A penalty may be charged for early withdrawal | 0.22% | $22 |
| 18 months18 Months term. A penalty may be charged for early withdrawal | 0.27% | $41 |
| 24 months24 Months term. A penalty may be charged for early withdrawal | 0.37% | $74 |
| 30 months30 Months term. A penalty may be charged for early withdrawal | 0.47% | $118 |
Special-purpose accounts
IRA Certificates
Up to 0.47%APY · 5 terms
Traditional and Roth IRA certificates. $500 minimum opening balance ($25 for 18-month variable). Early withdrawal penalty may be charged. Rates effective October 1, 2026.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 months182 Days term. Available for Traditional and Roth IRAs. Penalty may apply for early withdrawal | 0.12% | $6 |
| 12 months12 Months term. Available for Traditional and Roth IRAs. Penalty may apply for early withdrawal | 0.22% | $22 |
| 18 months18 Months term (Fixed). Available for Traditional and Roth IRAs. Penalty may apply for early withdrawal | 0.27% | $41 |
| 18 monthsTraditional IRA – 18 Months (Variable). Minimum opening deposit $25. Penalty may apply for early withdrawal | 0.27% | $41 |
| 24 months24 Months term. Available for Traditional and Roth IRAs. Penalty may apply for early withdrawal | 0.37% | $74 |
| 30 months30 Months term. Available for Traditional and Roth IRAs. Penalty may apply for early withdrawal | 0.47% | $118 |
Who can join LorMet
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone who lives in Lorain County or the cities of Bay Village, Rocky River, Westlake, North Olmsted, Olmsted Falls or Township is eligible to join.
- Those who work in Lorain County or the cities of Bay Village, Rocky River, Westlake, North Olmsted, Olmsted Falls or Township are eligible to join.
- Those who worship in Lorain County, Rocky River, Bay Village, Westlake, North Olmsted, Olmsted Falls, or Olmsted Township are eligible to join.
Military, government and schools
- Those who attend school in Lorain County or the cities of Bay Village, Rocky River, Westlake, North Olmsted, Olmsted Falls or Township are eligible to join.
Family and household
- Immediate family members of current LorMet members are eligible to join.
Membership information collected October 5, 2026.