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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.]
4-year, 5.00% CD at National City (and maybe MidAmerica)
A couple weeks ago, National City offered a 4.50% APY CD for four years. That was a very good rate in today’s CD environment, but today’s newspapers have an even better rate from National City: a 48-month CD with a 5.00% APY. The fine print states that the rate will be available through March 8th. As with the previous CD deal, there’s a catch: You must have an existing checking account at National City or open a checking account with $1,500. This offer also requires a $10,000 minimum deposit and has a $250,000 maximum. Since National City is in the middle of switching over all MidAmerica Bank branches to National City, you might also have luck opening the account there.
MidAmerica Bank has about 60 branches throughout the Chicago area. National City also has many branches throughout Chicagoland.
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