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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.]
CDs up to 2.75% at Evergreen Private Bank
Evergreen Private Bank has a few competitive-rate CDs available:
- 2-year CD: 1.70% APY
- 30-month CD: 1.90% APY
- 3-year CD: 2.10% APY
- 4-year CD: 2.30% APY
- 5-year CD: 2.75% APY
These CDs all have a minumum deposit of $1000. Evergreen Bank Group also offers the CDARS Program, which provides FDIC insurance for Certificates of Deposit for up to $50,000,000; contact them for more information on that.
Evergreen Private Bank has one location: 1515 West 22nd Street, Suite 100W in Oak Brook — right next to Oakbrook Mall.
2.25% 15- to 18-month CD at Western Springs National Bank
Western Springs National Bank and Trust has a competitve mid-term CD available: Their CDs from 15 months to 18 months are earning 2.25% APY. This CD has a minimum deposit of $10,000. Western Springs National Bank is also offering a 6-month CD with an APY of 1.50%, also with a $10k minimum.
Western Springs National Bank has two branches: 4456 Wolf Road in Western Springs and 6575 Joliet Road in Countryside.
2.50% 12-Month CD at Advantage National Bank
Advantage National Bank Group has a relatively high short-term CD: Their 12-month CD is yielding 2.50% APY. The minimum deposit is $2,500.
Advantage National Bank Group owns three banks: Elk Grove Village Bank & Trust in Elk Grove Village, Old Town Bank & Trust in Bloomingdale, and Roselle Bank & Trust in Roselle.
(Hat tip to Bank Deals Blog.)
CDs up to 3.00% at International Bank of Chicago
International Bank of Chicago has a few nice short-term to mid-term CD rates:
- 6-month CD: 2.25% APY
- 1-year CD: 2.50% APY
- 18-month CD: 2.75% APY
- 2-year CD: 3.00% APY
The CDs all have a minimum deposit of $10,000.
International Bank of Chicago has four branches: Two in Chicago (including one in Chinatown) and one each in Stone Park and Bellwood.
25-month, 2.65% CD at Broadway Bank
Broadway Bank has a couple competitive CDs available: Their 25-month CD is yielding 2.65% APY, and their 13-month CD is yielding 2.25% APY. Both CDs require $2500 minimum deposit and require new money to the bank. Broadway Bank also has a 5-year CD that’s yielding 3.50% APY.
Broadway Bank has four branches: Three in Chicago and one in Glencoe.
CDs up to 3.75% at First Bank of Highland Park
First Bank of Highland Park has a number of nice CDs available:
- 9-month CD: 2.25% APY
- 17-month CD: 2.75% APY
- 5-year CD: 3.75% APY
These CDs have a minimum deposit of $5000, although that drops to $1000 if the CD is opened as an IRA CD.
First Bank of Highland Park has two locations: 1835 First Street in Highland Park and 633 Skokie Blvd., 3rd Floor, in Northbrook.
(Thanks to the reader who e-mailed me this deal.)
12- and 18-month, 2.60% CDs at Builders Bank
Builders Bank has two competitive CDs: Their 12-month CD and their 18-month CD are both yielding 2.60% APY. Both CDs have a minimum deposit of $2500, although the minimum drops to $500 if you open the CD as an IRA CD. The rates are scheduled to be good through tomorrow (June 18th), although Builders Bank could change them at any time.
Builders Bank has two branches, both on North LaSalle Street in Chicago.
16-month, 2.46% CD at Mutual Bank
Mutual Bank has a pretty high CD available in today’s CD environment: Their 16-month CD is yielding 2.46% APY. This CD has a minimum deposit of $2500 and a maximum of $95,000. Mutual Bank is also offering a 3-year CD 2.63% APY, a 4-year CD at 2.99% APY, and a 5-year CD at 3.26% APY. The 3-year CD has the same minimum, but the 4- and 5-year CDs have a minimum of only $1000. All have the same maximum. All the CDs are also available as IRA CDs.
Mutual Bank has nine branches in the Chicago area: Two in Naperville, and one each in Aurora, Carol Stream, Chicago, Downers Grove, Harvey, Roselle, and Villa Park.
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.
13-month, 2.65% CD at Washington Federal Bank for Savings
Washington Federal Bank for Savings has a nice short-term available: Their 13-month CD is yielding 2.65% APY. This CD has a minimum of $1000. The CD requires opening a savings account with Washington Federal with a minimum deposit of $250, and it requires new money to the bank.
Washington Federal Bank has two locations, both in Chicago: 2869 S. Archer Ave. and 1410 W. Taylor St.
(Hat tip to Bank Deals Blog.)
Shorter-term CDs up to 2.75% at BankFinancial
BankFinancial has a number of competitive short-term CDs:
- 7-month CD: 2.25% APY
- 15-month CD: 2.50% APY
- 22-month CD: 2.75% APY
These CDs all have a minimum deposit of $10,000, and the money must be new to BankFinancial. These CDs also require you to have a Spectrum Select checking account or Spectrum Wealth Management checking account. Spectrum Select checking requires a minimum average balance of $10,000 in related checking, savings and money market accounts. Spectrum Wealth Management Checking requires a Wealth Management relationship.
BankFinancial has 22 locations, all in Illinois: Addison, Burr Ridge, Calumet City, Calumet Park, Chicago (three locations), Chicago Ridge, Deerfield, Hazel Crest, Joliet, Libertyville (two), Lincolnshire, Lincolnwood, Naperville, New Lenox, Northbrook, Olympia Fields, Orland Park, Schaumburg, and Skokie.
2-year, 3.00% CD at American Eagle Bank of Chicago/South Elgin
American Eagle Bank of Chicago and American Eagle Bank of South Elgin are both offering a 2-year CD special: a 3.00% APY CD for 24 months (2.50% the first 12 months; 3.50% the last 12). Neither website lists a minimum deposit. The South Elgin bank is offering the deal only to existing customers and Kane County residents, but the Chicago Bank is offering it to residents of the Greater Chicagoland Metropolitan Statistical Area and existing customers. American Eagle Bank of Chicago is also offering a 14-month, 2.50% APY CD, again with no listed minimum.
American Eagle Bank of Chicago is located at 700 North Ashland Ave. and 2129 North Western Ave. in Chicago. American Eagle Bank of South Elgin is located at 556 Randall Rd. in South Elgin.
