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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.]
1.56% Health Savings Accounts at Corporate America Family Credit Union
Corporate America Family Credit Union (CAFCU) has a very nice rate on their Health Savings Accounts (HSAs): 1.56% APY on balances over $10,000. Balances over $5000 still make a competitive 1.31% APY, and balances over $1000 return 1.05%. Corporate American Family CU also has reasonably competitive 3-year CDs available: 1.87% APY on deposits over $10,000. IRA certificates are also available with that CD.
Corporate America Family CU is a very open credit union: Membership is open to anyone who lives or works within 25 miles of a branch, i.e. pretty much the entire Chicago area. Corporate America Family CU has 8 branches in the greater Chicago area: in Burbank, Chicago, Crystal Lake, Elgin, Oak Brook, Rosemont, Streamwood, and Warrenville.
2.89% 3-year CD at CAFCU
Corporate America Family Credit Union (CAFCU) has a competitive 3-year CD available: 2.89% APY. This CD has a minimum of a $10,000 deposit, although the CD is available at 2.79% APY with a $1000 minimum deposit. The CDs is also available as a traditional IRA CD, Roth IRA CD, or Coverdell ESA (educational) CD.
Corporate America Family CU is a very open credit union: Membership is open to anyone who lives or works within 25 miles of a branch, i.e. pretty much the entire Chicago area. Corporate America Family CU has 10 branches in the greater Chicago area: Two in Chicago, and one each in Burbank, Crystal Lake, Elgin, Oak Brook, Rosemont, St. Charles, Streamwood, and Warrenville. (The 11th local branch, in Schaumburg, closed on May 29th.)
CDs up to 4.92% at Corporate America Family CU
(This deal is no longer available.)
Corporate America Family Credit Union, one of the most open credit unions in the Chicago area, has a number of very competitive CDs available for various terms:
- 6-month CD: 4.50% APY
- 12-month CD: 4.76% APY
- 24-month CD: 4.81% APY
- 36-month CD: 4.92% APY
The CDs all have a $10,000 minimum, although you can get the CDs with a $1000 minimum if you’re willing to take a drop of 16 basis points. The CDs are also available as traditional IRA or Roth IRA CDs.
As I mentioned earlier, Corporate America Family CU is a very open credit union: Membership is open to anyone who lives or works within 25 miles of a branch, i.e. pretty much the entire Chicago area. Corporate America Family CU has 14 branches in the greater Chicago area: Two in Chicago, two in Elgin, and one each in Burbank, Crystal Lake, Huntley, McHenry, Oak Brook, Rosemont, Schaumburg, St. Charles, Streamwood, and Warrenville.
5.67% 7-month CD at Corporate America Family Credit Union
In today’s falling CD rate environment, it’s nice to see a rate like what Corporate American Family Credit Union has just put out: A 7-month, 5.67% APY “Holiday” CD. Unfortunately, there is one big downside to this CD: It only has a maximum of a $2000 deposit. Still, for those looking to put a small amount of money in a CD, this is the highest rate you’re likely to find in the near future. Other notes about the CD: $500 minimum, new money only, and the CD is expected to last through January 15th, 2008.
Corporate America Family CU has 14 branches in the greater Chicago area: Two in Chicago, two in Elgin, and one each in Burbank, Crystal Lake, Huntley, McHenry, Oak Brook, Rosemont, Schaumburg, St. Charles, Streamwood, and Warrenville. Membership is open to anyone who lives or works within 25 miles of a branch, which would include practically the entire Chicago area.
