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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.]
3-year, 3.38% CD at Chicago Patrolmen’s CU
Chicago Patrolmen’s Credit Union has a high three-year CD available: 3.38% APY. This CD has a minimum of $2500. The CD is also available as a traditional and Roth IRA CD (minimum $1000) and Coverdell Educational Savings Account CD ($500 minimum). Their 2-year CD is also high in today’s financial environment: 2.83% APY, with the same minimums as above.
Membership in the Patrolmen’s Credit Union is limited to active and retired sworn personnel in the Chicago Police Department, civilian Police Department employees, and employees of the Chicago Office of Emergency Management Communications, as well as the immediate families of all those groups. The credit union has three locations, all in Chicago: 1359 W. Washington Boulevard, 2766 W. 111th Street and 5310 N. Harlem.
3-year, 4.08% CD (4.60% IRA/ESA) at Chicago Patrolmen’s Credit Union
Chicago Patrolmen’s Credit Union has a very high three-year CD available: 4.08% APY. This CD has a minimum of $2500. Even more amazing, though, is their three-year IRA/ESA CD: 4.60% APY. This CD has a minimum of $1000 for traditional and Roth IRAs and a minimum of $500 for Coverdell Educational Savings Accounts. A few other nice rates at Chicago Patrolmen’s CU:
- 1-year CD: 3.04% APY (3.82% APY for IRA/ESA)
- 2-year CD: 3.30% APY (4.08% APY for IRA/ESA)
- money market above $50k: 2.53% APY
Both the 1- and 2-year CDs have the same minimum deposits as the 3-year CD.
Membership in the Patrolmen’s Credit Union is limited to active and retired sworn personnel in the Chicago Police Department, civilian Police Department employees, and employees of the Chicago Office of Emergency Management Communications, as well as the immediate families of all those groups. The credit union has three locations, all in Chicago: 1359 W. Washington Boulevard, 2766 W. 111th Street and 5310 N. Harlem.
1-, 2-, and 3- year CDs up to 5.28% at Chicago Patrolmen’s Credit Union
Chicago Patrolmen’s Federal Credit Union has three very good CD deals going on right now:
- 12-month CD at 5.12% APY (5.31% APY for IRA and Coverdell ESA CDs)
- 24-month CD at 5.23% APY (also available for IRA and Coverdell ESA CDs)
- 36-month CD at 5.28% APY (also available for IRA and Coverdell ESA CDs)
The CDs have a minimum deposit of $2500 except for the IRA CDs, which have a minimum of $1000, and the Coverdell ESA CDs, which have a minimum of $500. The 5.31% APY for the IRA and Coverdell ESA CDs is scheduled to continue all the way through the end of April, which could be an even better deal by then if the Fed continues dropping rates.
Membership in the Patrolmen’s Credit Union is limited to active and retired sworn personnel in the Chicago Police Department, civilian Police Department employees, and employees of the Chicago Office of Emergency Management Communications, as well as the immediate families of all those groups. The credit union has two locations, both in Chicago: 1359 W. Washington Boulevard and 2766 W. 111th Street. They are also opening a new branch at 5310 N. Harlem sometime early this year.
Up to 5.49% for CDs at Chicago Patrolmen’s FCU
Chicago Patrolmen’s Federal Credit Union has a few good CD deals going on:
- 12-month CD at 5.28% APY
- 24-month CD at 5.39% APY
- 36-month CD at 5.49% APY
The CDs have a minimum deposit of $2500, but the CDs are also available as an IRA CD with a minimum of $1000 or a Coverdell ESA CD with a minimum of $500.
Membership in the Patrolmen’s FCU is limited to active and retired sworn personnel in the Chicago Police Department, civilian Police Department employees, and employees of the Chicago Office of Emergency Management Communications, as well as the immediate families of all those groups. The credit union has two locations, both in Chicago: 1359 W. Washington Boulevard and 2766 W. 111th Street.
5.45% APY for 6-36 months at Chicago Patrolmen’s FCU
Chicago Patrolmen’s Federal Credit Union has a very good deal going on right now: Their 6-month, 12-month, 24-month, and 36-month CDs are each earning 5.45% APY. The 12-month CD is higher than any bank is offering in the Chicago area, and the other three CDs are within .05% of the top bank rate. The CDs have a minimum deposit of $2500, although that lowers to $1000 for an IRA CD and $500 for a Coverdell ESA CD.
Membership in the Patrolmen’s FCU is limited to active and retired sworn personnel in the Chicago Police Department, civilian Police Department employees, and employees of the Chicago Office of Emergency Management Communications, as well as the immediate families of all those groups. The credit union has two locations, both in Chicago: 1359 W. Washington Boulevard and 2766 W. 111th Street.
