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[Please note: This page is part of the Chicago CD Rates archive. Most of these deals on this page are not current and no longer available. Please check the date of the post before getting too excited and driving to a bank an hour away. If you have any doubts whether the deal is available, contact the bank or credit union. For a list of more current rates, visit our homepage.]
5.67% 7-month CD at Corporate America Family Credit Union
In today’s falling CD rate environment, it’s nice to see a rate like what Corporate American Family Credit Union has just put out: A 7-month, 5.67% APY “Holiday” CD. Unfortunately, there is one big downside to this CD: It only has a maximum of a $2000 deposit. Still, for those looking to put a small amount of money in a CD, this is the highest rate you’re likely to find in the near future. Other notes about the CD: $500 minimum, new money only, and the CD is expected to last through January 15th, 2008.
Corporate America Family CU has 14 branches in the greater Chicago area: Two in Chicago, two in Elgin, and one each in Burbank, Crystal Lake, Huntley, McHenry, Oak Brook, Rosemont, Schaumburg, St. Charles, Streamwood, and Warrenville. Membership is open to anyone who lives or works within 25 miles of a branch, which would include practically the entire Chicago area.
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