[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.]

1.05%, 14-month CD at Integra Bank

Integra Bank has a relatively competitive shorter-term CD available: a 14-month CD that yields 1.05% APY. This certificate, as well as their other CDs, has a minimum deposit of $500. Integra Bank also has two other somewhat competitive CDs that they are offering: a 2-year CD returning 1.35% APY, and a 5-year CD that yields 2.25% APY.  Integra also has an “easy access” 14-month CD that’s yielding 0.95% APY, but there aren’t a lot of details on what the “easy access” part of this certificate actually is.

Integra Bank has over 50 branches, including 12 in Illinois: two each in Mt. Vernon and Plainfield, and one each in Bridgeview, Brookport, Carmi, Elizabethtown, Golconda, Mokena, Shawneetown, and Vienna.

 

13 to 24 months, CDs, Integra Bank, more than 48 months Comments Off April 20th, 2011

18-month, 1.35% CD at Lakeside Bank

There’s really not much in Chicagoland CDs that’s competitive under two years, but this one isn’t too bad: Lakeside Bank has an 18-month CD that’s yielding 1.35% APY. The CD has a $2500 minimum, and the money must be new to Lakeside Bank. Unfortunately, to get this rate, you also have to have a “qualifying…deposit account”; without it, the rate drops down to 1.10% APY.

Lakeside Bank has six locations, all of them in the city of Chicago.

13 to 24 months, CDs, Lakeside Bank Comments Off April 13th, 2011

3-year, 2% “Kids CD” at BCU

BCU (Baxter Credit Union) has a unique CD offering: a 3-year “kids CD” that’s yielding 2.00% APY. Of course, being a special certificate, there are some restrictions: The person who is first on the account must be 18 years old or younger, and their social security number must be the one on the account. And after 3 years, the CD will renew into a normal 3-year certificate unless you tell them otherwise. The CD also has a maximum deposit of only $25,000 per child, although on the plus side, the minimum deposit is only $50.

BCU is open to anyone who lives in Lake County (Illinois), DuPage County, McHenry County, Kane County, Cook County north of Route 58, the city of Schaumburg, or Kenosha County in Wisconsin. The best that I can tell, there are six area branches of BCU, listed below for your convenience:

  • 415 South Main, Crystal Lake
  • Lake Cook Road and Saunders Road, Deerfield
  • 400 North Field Drive, Lake Forest
  • 1485 Waukegan Road, McGaw Park
  • West Belvidere Road and North Wilson Road, Round Lake
  • 340 North Milwaukee Avenue, Vernon Hills

25 to 48 months, CDs Comments Off April 7th, 2011