[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.]

5.15% 5-year CD at Cole Taylor

Cole Taylor Bank has one of the best long-term CDs we’ve seen recently: Their 5-year CD is yielding 5.15% APY.  This CD has a minimum of $10,000 to open the CD, and the website specifically states IRAs are not permitted and that the money must be new money to Cole Taylor.  Cole Taylor has a couple other good CDs, all of which have the same minimums and the same restrictions: a 24-month CD at 4.50% APY, a 15-month CD at 4.30% APY, and an 11-month CD at 4.00% 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.

This entry was posted on Wednesday, September 3rd, 2008 at 7:23 am and is filed under 13 to 24 months, 7 to 12 months, CDs, Cole Taylor Bank, more than 48 months. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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