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[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.]
A fun(!) CD from Midwest Bank
Midwest Bank has a competitive CD that has a bit of a fun side to it: Open up a 9-month CD with them at a 3.50% APY. If either the Cubs or the White Sox (or both) make the playoffs, the rate goes up to 3.75% APY. If either the Cubs or the White Sox (or both) make the World Series, the rate tops out at 4.00% APY. The CD has a minimum of $10,000. The deal doesn’t seem to be listed on Midwest Bank’s website, but you can see an ad for it here for a few days.
Midwest Bank has 28 branches throughout the Chicago area: four in Chicago and one each in Addison, Algonquin, Bensenville, Bloomingdale, Buffalo Grove, Des Plaines, Downers Grove, Elgin, Elmwood Park, Franklin Park, Glenview, Hinsdale, Inverness, Island Lake, Lakemoor, Lake Zurich, Long Grove, Melrose Park, Mt. Prospect, Naperville, Norridge, North Barrington, Roselle, and Union.
4% short-term CDs at Midwest Bank
Midwest Bank has some competitive short-term CDs: Their 10-month and 16-month CDs are earning 4.00% APY. In addition, their 3-year CD is at 4.25% APY. All three CD terms require a minimum deposit of $10,000.
Midwest Bank has 28 branches throughout the Chicago area: four in Chicago and one each in Addison, Algonquin, Bensenville, Bloomingdale, Buffalo Grove, Des Plaines, Downers Grove, Elgin, Elmwood Park, Franklin Park, Glenview, Hinsdale, Inverness, Island Lake, Lakemoor, Lake Zurich, Long Grove, Melrose Park, Mt. Prospect, Naperville, Norridge, North Barrington, Roselle, and Union.
