CDs up to 2.91% at Access Credit Union
Access Credit Union has a number of competitive long-term CDs:
- 3-year CDs: 2.51% APY
- 4-year CDs: 2.65% APY
- 5-year CDs: 2.91% APY
Membership is available for a relatively large geographical area: Anyone who lives or works in Bellwood, Berkeley, Berwyn, Broadview, Brookfield, Cicero, Elmhurst, Forest Park, Hillside, Hinsdale, Lagrange, Lagrange Park, Maywood, Melrose Park, Northlake, North Riverside, Oak Brook, Oak Park, River Forest, Riverside, Stone Park, and Westchester. Membership is also available to anyone who lives or works in Chicago zip code 60616 or in the area bordered by Lake Michigan on the East, California Ave on the West, Garfield Ave/55th Street on the South and Harrison Street on the North.
Access Credit Union has two locations: One in Chicago and one in Westchester.
CDs up to 3.25% at Access Credit Union
Access Credit Union has a number of very good CD rates up to 3.25% APY:
- 6-month CD: 2.15% APY
- 12-month CD: 2.41% APY
- 18-month CD: 2.55% APY
- 24-month CD: 2.65% APY
- 30-month CD: 2.91% APY
- 36-month CD: 3.00% APY
- 48-month CD: 3.15% APY
- 60-month CD: 3.40% APY
These CDs all have $10,000 minimums. They are also available with $500 minimums, but 15-17 basis points lower than the $10,000-minimum CDs. The CDs are also all available as IRA CDs.
Membership is available for a relatively large geographical area: Anyone who lives or works in Bellwood, Berkeley, Berwyn, Broadview, Brookfield, Cicero, Elmhurst, Forest Park, Hillside, Hinsdale, Lagrange, Lagrange Park, Maywood, Melrose Park, Northlake, North Riverside, Oak Brook, Oak Park, River Forest, Riverside, Stone Park, and Westchester. Membership is also available to anyone who lives or works in Chicago zip code 60616 or in the area bordered by Lake Michigan on the East, California Ave on the West, Garfield Ave/55th Street on the South and Harrison Street on the North.
Access Credit Union has two locations: One in Chicago and one in Westchester.
2.25% 15- to 18-month CD at Western Springs National Bank
Western Springs National Bank and Trust has a competitve mid-term CD available: Their CDs from 15 months to 18 months are earning 2.25% APY. This CD has a minimum deposit of $10,000. Western Springs National Bank is also offering a 6-month CD with an APY of 1.50%, also with a $10k minimum.
Western Springs National Bank has two branches: 4456 Wolf Road in Western Springs and 6575 Joliet Road in Countryside.
2-year, 2.53% CD at Racine Municipal Employees CU
Racine Municipal Employees Credit Union has a competitive CD available for two years: 2.53% APY. This CD has a $1000 minimum. Racine Municipal Employees CU also has 12-month and 18-month CDs available at 2.12% APY.
Racine Municipal Employees Credit Union is essentially open to all federal, state, county, school district, or local employees who work in Racine County, Wisconsin. Racine Municipal Employees CU has one location: 1907 Lathrop Ave. in Racine, WI.
CDs up to 3.00% at Alliant Credit Union
Alliant Credit Union always seems to have some of the highest CD rates and savings rates in Chicagoland, and their CD rates remain pretty competitive:
- 12-to-23-month CDs: 2.15% APY
- 24-to-35-month CDs: 2.30% APY
- 36-to-47-month CDs: 2.75% APY
- 48-to-60-month CDs: 3.00% APY
These CDs all have a $25,000 minimum, although you can get the CDs with only a $1000 minimum if you are willing to take a 0.15% drop in the rate. These rates are also available as traditional IRA CDs, Roth IRA CDs, SEP IRA CDs, and Coverdell ESAs. In my experience, Alliant only changes its rates at the beginning of the month, so these rates are probably good through the end of September.
Alliant Credit Union is a relatively open credit union with quite a few ways to join. Anyone who lives in Arlington Heights, Bensenville, Des Plaines, Elk Grove, Elmhurst, Franklin Park, Harwood Heights, Itasca, Mt. Prospect, Northlake, Niles, Norridge, Park Ridge, Prospect Heights, River Grove, Rolling Meadows, Rosemont, Schiller Park, and Wood Dale is eligible. In addition, anyone who works on O’Hare Airport property, works for United Airlines or its business affiliates, is a member of Life Time Fitness, or who is a member of the National PTA is able to join Alliant. If you don’t meet any of these criteria, you can join the National PTA for $25.
Alliant Credit Union has 10 locations, three of which are in Chicagoland: One in Des Plaines, one in Elk Grove Township, and one in O’Hare Airport.
CDs up to 3.39% at AA Credit Union
AA Credit Union generally has some of the higher CD rates among the more restrictive credit unions, and they still have a number of competitive CDs available:
- 1-year CD: 2.12% APY
- 2-year CD: 2.22% APY
- 30-month CD: 2.52% APY
- 3-year CD: 3.03% APY
- 4-year CD: 3.14% APY
- 5-year CD: 3.39% APY
These CDs all have a minimum of $10,000. The CDs are available with a minimum of $1000 as well, but the APYs on the CDs drop by between 10 and 25 basis points. The penalty for early withdrawal is 180 days on each of these CDs. The 3-year, 4-year, and 5-year CDs have all been the same APY for the last three months — an eternity in our falling rate enviornment — so they should be commended for being able to keep their CD rates steady.
AA Credit Union is open to anyone who works directly with the air transportation industry — not just American Airlines employees. This includes airline employees, TSA and FAA employees, baggage handlers, those who deal with airline food services, and others. It also is open to those who are retired from the air transportation industry.
The four local branches of AA Credit Union are all located on the grounds of O’Hare Airport — in Terminal 3, Concourse K; in Terminal 3, Concourse G; in the West Mezzanine Level, Terminal 3; and at 9950 W. Lawrence Ave., Suite 219.
2.50% 12-Month CD at Advantage National Bank
Advantage National Bank Group has a relatively high short-term CD: Their 12-month CD is yielding 2.50% APY. The minimum deposit is $2,500.
Advantage National Bank Group owns three banks: Elk Grove Village Bank & Trust in Elk Grove Village, Old Town Bank & Trust in Bloomingdale, and Roselle Bank & Trust in Roselle.
(Hat tip to Bank Deals Blog.)
CDs up to 3.00% at International Bank of Chicago
International Bank of Chicago has a few nice short-term to mid-term CD rates:
- 6-month CD: 2.25% APY
- 1-year CD: 2.50% APY
- 18-month CD: 2.75% APY
- 2-year CD: 3.00% APY
The CDs all have a minimum deposit of $10,000.
International Bank of Chicago has four branches: Two in Chicago (including one in Chinatown) and one each in Stone Park and Bellwood.
Rates 3.00% and above at Access Credit Union
Access Credit Union has a number of very good CD rates up to 3.25% APY:
- 6-month CD: 2.15% APY
- 12-month CD: 2.41% APY
- 18-month CD: 2.55% APY
- 24-month CD: 2.65% APY
- 30-month CD: 2.91% APY
- 36-month CD: 3.00% APY
- 48-month CD: 3.15% APY
- 60-month CD: 3.40% APY
These CDs all have $10,000 minimums. They are also available with $500 minimums, but 15-17 basis points lower than the $10,000-minimum CDs. The CDs are also all available as IRA CDs.
Membership is available for a relatively large geographical area: Anyone who lives or works in Bellwood, Berkeley, Berwyn, Broadview, Brookfield, Cicero, Elmhurst, Forest Park, Hillside, Hinsdale, Lagrange, Lagrange Park, Maywood, Melrose Park, Northlake, North Riverside, Oak Brook, Oak Park, River Forest, Riverside, Stone Park, and Westchester. Membership is also available to anyone who lives or works in Chicago zip code 60616 or in the area bordered by Lake Michigan on the East, California Ave on the West, Garfield Ave/55th Street on the South and Harrison Street on the North.
Access Credit Union has two locations: One in Chicago and one in Westchester.
25-month, 2.65% CD at Broadway Bank
Broadway Bank has a couple competitive CDs available: Their 25-month CD is yielding 2.65% APY, and their 13-month CD is yielding 2.25% APY. Both CDs require $2500 minimum deposit and require new money to the bank. Broadway Bank also has a 5-year CD that’s yielding 3.50% APY.
Broadway Bank has four branches: Three in Chicago and one in Glencoe.
CDs up to 3.75% at First Bank of Highland Park
First Bank of Highland Park has a number of nice CDs available:
- 9-month CD: 2.25% APY
- 17-month CD: 2.75% APY
- 5-year CD: 3.75% APY
These CDs have a minimum deposit of $5000, although that drops to $1000 if the CD is opened as an IRA CD.
First Bank of Highland Park has two locations: 1835 First Street in Highland Park and 633 Skokie Blvd., 3rd Floor, in Northbrook.
(Thanks to the reader who e-mailed me this deal.)
12- and 18-month, 2.60% CDs at Builders Bank
Builders Bank has two competitive CDs: Their 12-month CD and their 18-month CD are both yielding 2.60% APY. Both CDs have a minimum deposit of $2500, although the minimum drops to $500 if you open the CD as an IRA CD. The rates are scheduled to be good through tomorrow (June 18th), although Builders Bank could change them at any time.
Builders Bank has two branches, both on North LaSalle Street in Chicago.
