Best Chicago CD Rates

by on May 13, 2010

We did some searching around and found these deals at bank and Credit Unions in different locations in the Chicago metro.

Chicago Community Bank has a 12 mont CD special for 1.25% APY for new money only. This is a promotional offer. CCB has branch locations on W. 35th st., Halsted, Micigan Ave., Dearborn Station, Jackson, and Ewing. The website is chicagocommunitybank.com.

MB Financial Bank is gearing up for a bike and car-free bike ride on May 30, 2010. You can get a $5 off coupon with the coupon code MBFINANCIALS. Participants can receive the benefits of a one-year membership in the Active Transportation Alliance, which is a $100 value. The bike ride will take place on Lake Shore Drive. For more information go to:

http://bikethedrive.org/mbfinancial.

Lincoln Park Savings Bank at Irving Park/Damen/Lincoln, Irving Park-Hamilton, Hamilton/Barry, and Damen/Melrose Rd, has a 5 year CD giving 2.50% APY. Their 4 year CD has a rate of 2.10%APY. The website is www.lpsb.com.

Liberty Bank prides itself as being a safe and secure bank in 2010 amidst other troubled banks in Chicago as seen on its main webpage at www.libertybank.com. They are currently offering a $50 gift opportunity for opening a checking account. When you sign up for direct deposit of your payroll or government check or automatic payment of your mortgage, utility, or recurring bill, Liberty will deposit $50 when your first automatic transaction occurs.

Earn miles every time you shop with Amalgamated Bank Card from AMalgamated bank. Simply use the card to make purchases at all the participating stores, of which there is a long list. Once per month, your earned miles will automatically be credited to your BONUS AmalgaMiles account. To get more information go to www.aboc.com and click on the bonus AmalgaMiles box in the lower left corner.

First Chicago Bank & Trust is now offering a 1 month online CD with an APY of 1.31%. They also are offering 0.80% APY on their High interest checking account. You can see their website at
firstchicago.com.

International Bank of Chicago has some current CD Specials listed on their website at www.inbk.com. They all require a $10k minimum. 24 mo = 2.00% APY. 18 mo = 1.75% APY. 12 mo = 1.50% APY, and 6 mo = 1.25% APY.

If you are looking for added security, consider the FDIC’s Transaction Acct. Guarantee Program that Republic Bank of Chicago is offering on all non-interest bearing accounts through June 30, 2010. This is a separate and additional program than the coverage available under the FDIC’s general deposit insurance rules. This special program will be in effect until 12/31/2013 and is for $250k per depositor. Please see more info about it at their website at www.republicebank.com.

Disclaimer
This post was written as accurately as possible, however, we cannot guarantee accuracy at the time of your reading. Please check directly with the financial institution before investing.

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