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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, 4.01% CD at Standard Bank
[This deal is no longer available.]
Standard Bank has a competitive 1-year CD available: Their 12-month CD is yielding 4.01% APY. There is a pretty big restriction on this CD, however: You must open and/or maintain a “primary checking account” for the entire term of the CD. Their definition of a “primary checking account”: at least five transactions per credit cycle. The minimum deposit for this CD is $5000 and the maximum per family is $75,000. This CD is not listed on Standard Bank’s website, but you can see an ad for it here.
Standard Bank has 41 locations, primarily in the south Chicago suburbs and northwest Indiana.
