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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.]
1-year, 4% CD at Poplar Creek Community Bank
Since short-term CDs haven’t made up the ground that long-term CDs have, it’s nice to see a 1-year CD earning 4.00% APY, like the 1-year CD that Poplar Creek Community Bank is offering. Unfortunately, Poplar Creek’s CD does have a major restriction: You “[m]ust open Checking Account with Direct Deposit and 12 Month Promo CD Plus to receive the…rate.” If you don’t open the checking account with direct deposit, the rate drops to a still-reasonable 3.75% APY. The CD also has a minimum of $5000.
Poplar Creek Community Bank is a relatively new bank — it opened this past October — and it’s located on Algonquin Road east of I-290 and west of New Wilke Road.
5.5% 12-Month CD at Poplar Creek Community Bank
Poplar Creek Community Bank in Rolling Meadows is offering a 5.50% APY 1-year CD. There are a couple catches to this CD, unfortunately: The rate requires opening a new checking account with the bank, and that account has to have direct deposit. If you don’t meet those requirements, the CD rate goes down to 5.25%. There is also a minimum of $5000 for opening the account.
Poplar Creek Community Bank is a new bank — it just opened in the middle of October — and it’s located on Algonquin Road east of I-290 and west of New Wilke Road.
