[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.]


Long-term CDs up to 4.50% at CenTrust Bank

CenTrust Bank has a number of very nice long-term CDs:

  • 3.75% APY CD for 36 months
  • 4.00% APY CD for 48 months
  • 4.25% APY CD for 60 months

There’s a number of good things about these CDs.  First, they only have a minimum of $500.  Second, if you deposit over $100,000 in the CD, the rate goes up 5 basis points.  Third, if you have a “Charter Account” with them, the rate goes up another 20 basis points.  What’s a Charter Account?  “Open either a Checking Account with no minimum balance or a NOW Account with a $750 minimum balance and have a minimum of 2 transactions per month in the opened account. In addition, open and maintain a Savings or Money Market account of $5,000 or more.”  The Charter Account requirements are a bit restrictive, but it could be worth it for some people.  The CDs are also available as IRA CDs.

CenTrust Bank has one location: 400 Lake Cook Road, Suite 202 in Deerfield.

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