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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.]
CDs up to 4.92% at Corporate America Family CU
(This deal is no longer available.)
Corporate America Family Credit Union, one of the most open credit unions in the Chicago area, has a number of very competitive CDs available for various terms:
- 6-month CD: 4.50% APY
- 12-month CD: 4.76% APY
- 24-month CD: 4.81% APY
- 36-month CD: 4.92% APY
The CDs all have a $10,000 minimum, although you can get the CDs with a $1000 minimum if you’re willing to take a drop of 16 basis points. The CDs are also available as traditional IRA or Roth IRA CDs.
As I mentioned earlier, Corporate America Family CU is a very open credit union: Membership is open to anyone who lives or works within 25 miles of a branch, i.e. pretty much the entire Chicago area. 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.
January 31st, 2008 at 4:24 pm
Are these unadvertised rates? When I go to the website, I see the following APY’s:
-6 month-$10,000 min 3.46%
-6 month-$1,000 min 3.30%
-12 month-$10,000 min 3.72%
-12 month-$1,000 min 3.56%
-24 month-$10,000 min 3.77%
-24 month-$1,000 min 3.61%
-36 month-$10,000 min 3.87%
-36 month-$1,000 min 3.72%
January 31st, 2008 at 4:50 pm
They must have just changed them this afternoon. When I looked at the webpage around noon today to post on the rates, the webpage said, “Rates effective January 1, 2008″ (or some other January date). Now the webpage says, “Rates effective February 1, 2008″