[Please note: This page is part of the Chicago CD Rates archive. The deal on this page may not be current and may no be 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.]
4.90% 12- to 17-month CDs at Alliant Credit Union
Alliant Credit Union has some very good rates on mid-term CDs: Their CDs from 12-17 months are earning 4.90% APY, and their CDs from 18-24 months are earning 4.65% APY. These rates have a $25,000 minimum, and the CDs drop .40% if you only make a $1000 minimum deposit. On the plus side, the CDs are available as traditional IRAs, Roth IRAs, SEP IRAs, and Coverdell ESA CDs.
Alliant Credit Union is a relatively open credit union with quite a few ways to join: Anyone who lives in Arlington Heights, Bensenville, Des Plaines, Elk Grove, Elmhurst, Franklin Park, Harwood Heights, Itasca, Mt. Prospect, Northlake, Niles, Norridge, Park Ridge, Prospect Heights, River Grove, Rolling Meadows, Rosemont, Schiller Park, and Wood Dale is elgible, as well as anyone who works on O’Hare Airport property, works for United Airlines or its business affiliates, is a member of Life Time Fitness, or who is a member of the National PTA. If you don’t meet any of these criteria, you can join the National PTA for $25 to take advantage of this deal.
Alliant Credit Union has 10 locations, three of which are in Chicagoland: One in Des Plaines, one in Elk Grove Township, and one in O’Hare Airport.
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