[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.]

Competitive CDs across terms at National Republic Bank of Chicago

National Republic Bank of Chicago has a number of CDs that are at competitive rates:

  • 1-year CD: 1.26% APY
  • 18-month CD: 1.41% APY
  • 2-year CD: 1.66% APY
  • 30-month CD: 2.02% APY
  • 3-year CD: 2.12% APY
  • 5-year CD: 2.27% APY

These CDs all have a minimum balance requirement of $1000 and a maximum deposit of $98,999. According to the website, however, the minimum deposit requirement is waved for senior citizen accounts. The rates are accurate as of November 9th.

National Republic Bank has two locations, both in Chicago: 1201 W. Harrison and 2615 W. Devon.

13 to 24 months, 25 to 48 months, 7 to 12 months, CDs, more than 48 months, National Republic Bank of Chicago Comments Off November 12th, 2010

CDs up to 2.75% at Mutual Federal Bank

Mutual Federal Bank has a number of competitive CDs available:

  • 30-month and 3-year CDs: 2.00% APY
  • 4-year CDs: 2.25% APY
  • 5-year CDs: 2.75% APY

Mutual Federal doesn’t list any minimum deposit for these accounts, but the CDs do have a maximum deposit of $90,000. The rates were accurate as of November 5th.

Mutual Federal Bank has two branches: 2212 W. Cermak in Chicago and 2695 Forgue Dr. in Naperville. The Naperville branch is called Great American Bank.

25 to 48 months, CDs, more than 48 months, Mutual Federal Bank Comments Off November 10th, 2010

3-year, 2.02% CD at Liberty Bank

Liberty Bank has a decent mid-term CD available: a 3-year CD yielding 2.02% APY. This CD has a minimum deposit of $1000, and the same rate is available in a 4-year or 5-year CD. Liberty Bank also has a couple somewhat-competitive shorter CDs available: a 1-year CD at 1.00% APY, and a 2-year CD at 1.26% APY. Those CDs have the same $1000 minimum.

Liberty Bank has five locations: Three in Chicago, one in Lincolnwood, and one in Park Ridge.

13 to 24 months, 25 to 48 months, 7 to 12 months, CDs, Liberty Bank Comments Off November 8th, 2010

1.23% 1-year CD at First Choice Bank

One-year CDs are very low right now, so this CD is competitive at 1.23% APY: a 12-month CD at First Choice Bank. You can see an ad for the CD here. The CD has a minimum deposit of $1000 and a maximum of $100,000. There are also a 3-month CD available at .76% APY and a 6-month CD at .91% APY.

First Choice Bank has two branches: State Street in Geneva and Naperville Road in Wheaton.

6 months or less, 7 to 12 months, First Choice Bank No Comments October 28th, 2010

Mid-term CDs up to 1.50% at Ridgestone Bank

Ridgestone Bank is offering two CDs at decent rates: a 13-month CD that’s yielding 1.25% APY, and a 20-month CD that has a 1.50% APY return. The CDs have a minimum deposit of $20,000 and a maximum deposit of $95,000. If you open the CD for an amount greater that $95,000, the rates are dropped to 1.15% APY and 1.40% APY respectively.

Ridgestone Bank has two branches, one of which is in Illinois: 10 N. Martingale Road, Suite 100, in Schaumburg.

13 to 24 months, CDs, Ridgestone Bank No Comments October 19th, 2010

1.30%/12-month, 1.48%/18-month CDs at Leaders Bank

Leaders Bank is offering two competitive mid-term CDs: a 12-month CD yielding 1.30% APY, and an 18-month CD yielding 1.48% APY. Both CDs have a minimum deposit of $10,000. Leaders Bank doesn’t seem to list their rates on their website, but these rates were advertised on page 4 of the Business section in Sunday’s Chicago Tribune (10/17/10).

Leaders Bank has three branches: in Oak Brook, Naperville, and Hoffman Estates. However, the ad in the Chicago Tribune only lists the Oak Brook and Naperville branches, so it’s possible the Hoffman Estates’ branch might have different rates on its CDs.

13 to 24 months, 7 to 12 months, Leaders Bank No Comments October 18th, 2010

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.

13 to 24 months, 25 to 48 months, 7 to 12 months, Evergreen Private Bank, more than 48 months No Comments October 12th, 2010

CDs up to 2.75% at Alliant Credit Union

Our apologies for the lack of posting recently. It should start picking up again.

Alliant Credit Union has a number of competitive CD rates available:

  • 12-to-23-month CDs: 1.60% APY
  • 24-to-35-month CDs: 1.85% APY
  • 36-to-47-month CDs: 2.10% APY
  • 48-to-60-month CDs: 2.75% APY

These CDs have a $25,000 minimum, but the CDs are also available with a $1000 minimum with only a .10% rate drop. These rates are also available as traditional IRA CDs, Roth IRA CDs, SEP IRA CDs, and Coverdell ESAs.

Alliant Credit Union is a relatively open credit union with quite a few ways to join.  Anyone who lives in Arlington Heights, Bensenville, Des Plaines, Elk Grove, Elmhurst, Franklin Park, Harwood Heights, Itasca, Mt. Prospect, Northlake, Niles, Norridge, Park Ridge, Prospect Heights, River Grove, Rolling Meadows, Rosemont, Schiller Park, and Wood Dale is eligible.  In addition, anyone who works on O’Hare Airport property, works for United Airlines or its business affiliates, is a member of Life Time Fitness, or who is a member of the National PTA is able to join Alliant. If you don’t meet any of these criteria, you can join the National PTA for $25.

Alliant Credit Union has 10 locations, three of which are in Chicagoland: One in Des Plaines, one at United World Headquarters in Mt. Prospect (United World Headquarters employees only), and one in O’Hare Airport.

13 to 24 months, 25 to 48 months, 7 to 12 months, Alliant CU, CDs, Checking Accounts, more than 48 months No Comments October 6th, 2010

CDs up to 2.91% at Access Credit Union

Access Credit Union has a number of competitive long-term CDs:

  • 3-year CDs: 2.51% APY
  • 4-year CDs: 2.65% APY
  • 5-year CDs: 2.91% APY
These CD rates have minimum deposits of $10,000. With a minimum deposit of $500, the rates go down approximately .15% APY.

Membership is available for a relatively large geographical area: Anyone who lives or works in Bellwood, Berkeley, Berwyn, Broadview, Brookfield, Cicero, Elmhurst, Forest Park, Hillside, Hinsdale, Lagrange, Lagrange Park, Maywood, Melrose Park, Northlake, North Riverside, Oak Brook, Oak Park, River Forest, Riverside, Stone Park, and Westchester. Membership is also available to anyone who lives or works in Chicago zip code 60616 or in the area bordered by Lake Michigan on the East, California Ave on the West, Garfield Ave/55th Street on the South and Harrison Street on the North.

Access Credit Union has two locations: One in Chicago and one in Westchester.

25 to 48 months, Access CU, CDs, more than 48 months No Comments January 4th, 2010

CDs up to 3.25% at Access Credit Union

Access Credit Union has a number of very good CD rates up to 3.25% APY:

  • 6-month CD: 2.15% APY
  • 12-month CD: 2.41% APY
  • 18-month CD: 2.55% APY
  • 24-month CD: 2.65% APY
  • 30-month CD: 2.91% APY
  • 36-month CD: 3.00% APY
  • 48-month CD: 3.15% APY
  • 60-month CD: 3.40% APY

These CDs all have $10,000 minimums. They are also available with $500 minimums, but 15-17 basis points lower than the $10,000-minimum CDs. The CDs are also all available as IRA CDs.

Membership is available for a relatively large geographical area: Anyone who lives or works in Bellwood, Berkeley, Berwyn, Broadview, Brookfield, Cicero, Elmhurst, Forest Park, Hillside, Hinsdale, Lagrange, Lagrange Park, Maywood, Melrose Park, Northlake, North Riverside, Oak Brook, Oak Park, River Forest, Riverside, Stone Park, and Westchester. Membership is also available to anyone who lives or works in Chicago zip code 60616 or in the area bordered by Lake Michigan on the East, California Ave on the West, Garfield Ave/55th Street on the South and Harrison Street on the North.

Access Credit Union has two locations: One in Chicago and one in Westchester.

13 to 24 months, 25 to 48 months, 6 months or less, 7 to 12 months, Access CU, CDs, IRA CDs, more than 48 months No Comments September 11th, 2009

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.

13 to 24 months, CDs, Western Springs National Bank No Comments September 11th, 2009

2-year, 2.53% CD at Racine Municipal Employees CU

Racine Municipal Employees Credit Union has a competitive CD available for two years: 2.53% APY. This CD has a $1000 minimum. Racine Municipal Employees CU also has 12-month and 18-month CDs available at 2.12% APY.

Racine Municipal Employees Credit Union is essentially open to all federal, state, county, school district, or local employees who work in Racine County, Wisconsin.  Racine Municipal Employees CU has one location: 1907 Lathrop Ave. in Racine, WI.

13 to 24 months, CDs, Racine Municipal Employees CU No Comments September 10th, 2009

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