[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-month, 4.00% at Great Lakes CU
[This deal is no longer available.]
Great Lakes Credit Union has what’s a pretty competitive short-term CD: a 4-month CD yielding 4.00% APY. The CD has no minimum and no maximum deposit, although you can only open one of these CDs per Social Security Number.
Great Lakes Credit Union is a relatively open credit union — it’s open to anyone who lives or works in Lake County or McHenry County in Illinois or Kenosha County in Wisconsin, as well as retired military and reservists. Great Lakes CU has 10 branches — one each in Antioch, Gurnee, Libertyville, North Chicago, Round Lake Beach, Spring Grove, Waukegan, and Zion, as well as a Chicago Federal Reserve Bank Branch and Railroad Retirement Board Branch that are limited to employees only.
(Thanks to the reader who e-mailed us this deal.)
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