[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.]

4.05%, 7-month IRA CD at McHenry Savings Bank

[Note: This CD is for IRA deposits only.  Thanks to the anonymous reader who figured this out.] 

McHenry Savings Bank has a nice CD deal brought to my attention by an anonymous reader (thanks!) on our finding deals thread: a 4.05% APY 7-month CD. According to the commenter, the CD has a $2,500 minimum and expires on April 15. This CD deal doesn’t seem to be listed on McHenry Savings Bank’s website, but you can call them at (815) 385-3063 or email them at customerservice@mchenrysavings.com to get more information about this special rate.

McHenry Savings Bank has five locations: Three in McHenry, and one each in Huntley and Richmond.