-
[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 and 2-Year CDs above 5% at Metro Federal Credit Union
Metro Federal Credit Union has two CDs that are earning about 5%: a 12-month CD that earns 5.01% APY, and a 24-month CD that earns 5.06% APY. Both these CDs require a minimum $10,000 deposit or the rates drop below 4.40%. Both CDs are also available as IRA CDs, and the 12-month IRA CD earns 5 basis points higher than the normal 12-month CD (5.06% APY).
Metro FCU is open to many (but not all) who work for municipalities, park districts, libraries, and school districts in Chicago’s north and northwest suburbs, including Arlington Heights, Barrington, Buffalo Grove, Cary, Elk Grove, Evanston, Hoffman Estates, Lincolnshire, Mt. Prospect, Niles, Palatine, Prospect Heights, Rolling Meadows, Schaumburg, Skokie, South Barrington, Wheeling, and Wood Dale. Please check their website or call them at (847) 670-0456 to make sure you qualify. Metro FCU has one location: 2440 E. Rand Road in Arlington Heights.
