[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.]
25-month, 2.65% CD at Central Federal Savings
Central Federal Savings has a reasonably competitive CD offering: Their 25-month CD is yielding 2.65% APY. This rate has a $2500 and requires having a checking account with Central Federal. Without a checking account with the bank, the rate drops to 2.40% APY. Central Federal is also offering a 1-year IRA CD that’s yielding 2.00% APY. This rate also has a $2500 minimum but does not have the checking account requirement.
Central Federal Savings has two locations: 5953 W. Cermak Road in Cicero and 6940 W. Ogden Avenue in Berwyn.
CDs up to 4.35% at Central Federal Savings
Central Federal Savings has a couple of high CD rates for mid-term CDs: Their 14-month CD is yielding 4.00% APY, and their 25-month CD is yielding 4.35% APY. Both these CDs have $10,000 minimums; the CDs are also available with a $2500 minimum, but the rates on the CDs drop 25 basis points.
Central Federal Savings has two locations: 5953 W. Cermak Road in Cicero and 6940 W. Ogden Avenue in Berwyn.
