[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.]


5.00%+ CDs at Chicago Municipal Employees CU

Chicago Municipal Employees Credit Union has some really mid-term fantastic CD rates, particularly in today’s CD environment:

  • 5.20% APY 36-month CD
  • 5.04% APY 24-month CD
  • 4.89% APY 12-month CD

Those CD rates are for a $25,000 minimum deposit, but the rates are only 5 or 6 basis points less with $10,000 minimum and 10 or 11 basis points less with $1000 minimum. CMECU also has 6-month CDs available that earn between 4.50% and 4.60%, depending on the deposit.

Membership in CMECU is available to people who work for the City of Chicago, the Chicago Public Schools, or any sister agency to the City of Chicago such as the Chicago Housing Authority, Chicago Park District, or Public Building Commission. Members and employees of the Municipal Employees’ Annuity and Benefit Fund of Chicago or the Laborers and Retirement Board are also eligible to join, as well as those who live, work or worship in the Austin/West Garfield community. CMECU has two offices, both in Chicago: one at 33 N. LaSalle St. and one at 4909 W. Division St.

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