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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.]
Good Short-Term and Long-Term CD at NorthStar Credit Union
NorthStar Credit Union is offering a good rate on their 6-month CDs: 5.22% APY. This rate may be short-term, however, as the website says that “the program is limited to $2 million.” There’s a minimum of $1000 for opening the CD. Some may be more interested in their jumbo 5-year CD, which is earning 5.16% APY for balances about $100,000 — it’s the highest rate we’ve seen in the past couple months for a CD of that term or longer.
NorthStar CU has three branches: One each in Warrenville, Naperville, and West Chicago. Their website does not list any restrictions for membership, but I’ll be contacting NorthStar to see if there are.