[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.]

4.50% 18-month CD at Second Federal

Second Federal Savings is offering a high 18-month CD: 4.50% APY.  The CD has a minimum of $2500. This deal doesn’t seem to be available on their website, but you can see an ad (from 11/14) for the CD rate here.

Second Federal has three locations: 26th & Pulaski in Chicago, Archer & 43rd in Chicago, and Cermak & Cicero in Cicero.

14-month, 5.00% CD at Second Federal

(The 5.00% CD listed below is no longer available.)

Second Federal Savings has a very good CD for those looking to invest for around a year: Their 14-month CD has an APY of 5.00%.  This CD has a minimum deposit of $5000.  Second Federal also has 4-month CD yielding 4.00% APY and a 13-month CD yielding 4.20% APY (although why you would go for that over the 14-month CD, I’m not sure).

Second Federal has three locations, all in Chicago: 26th & Pulaski, Cermak & Cicero, and Archer & 43rd.

Update on Second Federal’s 125th Anniversary CD

Two weeks ago, we mentioned that Second Federal Savings was offering a 125th Anniversary CD at 5.55% APY for 13 months.  Fortunately, they’ve kept this promotion going, but unfortunately, they’ve dropped the rate slightly to 5.50% APY.  Still, this is about the best CD of that term you are going to see in today’s marketplace.  The only restriction on the CD is a $2500 minimum. The deal isn’t mentioned on their website, but they’ve been advertising it in local newspapers — if you’ve viewing this before November 23th, you can look at a copy of the ad.

Second Federal has five branches: Two in Chicago and one each in Fox Lake, Aurora, and Cicero.

5.55% 13-month CD at Second Federal

Second Federal Savings is offering a very nice 125th Anniversary special promotion: a 5.55% APY, 13-month CD with very few restrictions. The only main issue is that the CD does have a $2500 minimum, but for a CD of this rate in today’s market, that’s about as good of a deal as you can expect to see. The deal isn’t mentioned on their website, but they’ve been advertising it in local newspapers — if you’ve viewing this before November 8th, you can see a copy of the ad here.

Second Federal has five branches: Two in Chicago and one each in Fox Lake, Aurora, and Cicero.