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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.]
4.30% 60-month CD at Cole Taylor
For those looking to lock in some money long term: Cole Taylor Bank has a 5-year CD that is earning 4.30% APY. There is a $1000 minimum on this CD. CDs for slightly shorter terms (between 24 and 59 months) are earning between 3.70% and 3.80% APY.
Cole Taylor Bank has 10 locations, all in Chicagoland: Four in Chicago, two in Skokie, and one each in Burbank, Lombard, Rosemont, and Wheeling. Cole Taylor Bank’s deposits are $2.53 billion and assets are $3.29 billion.
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