Highest CD Rates in Chicago, Illinois

author — Wed, 07 Oct 2009 13:20:51 +0000

Thinking about it, we here at Best CD Rates Today thought we should have a look at how rates are doing in specific locations, so you can get an idea of not only how rates are performing nationally, but locally as well. We’re starting with Chicago.

These CD rates in Chicago Illinois will be listed by term and then ranked by annual percentage yield (APY). Any other information required will also be listed, such as minimum deposit requirements.

1 Year Term Highest CD Rates in Chicago
For this term, Ally Bank has a 2.05% APY with no minimum deposit required. George Washington Savings Bank has a 1.40% APY with a $5,000 minimum deposit while Liberty Bank for Savings has a 1.30% APY with a $2,500 minimum deposit required.

3 Year Term Highest CD Rates in Illinois
Ally Bank is again the top offer at 2.75% APY with no minimum deposit. First Savings Bank of Hegewisch is close behind at 2.70% APY, however, with a low $500 minimum deposit requirement. George Washington Savings Bank has a 2.60% APY with a $5,000 minimum deposit to compete.

5 Year CD Rates in Chicago Illinois
It’s still Ally Bank at the top with a 3.40% APY and no minimum deposit requirement. Citizens Financial Bank has a 3.01% APY with a $2,000 minimum deposit required. BankFinancial, First Savings Bank of Hegewisch, and George Washington Savings Bank all have a 3.00% APY offer with $1,000, $1,000, and $5,000 minimum deposits required, respectively.

All banks listed are FDIC insured. If any of these highest CD rates in Chicago appeal to you, lock yours in today as rates change often and without notice.

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Highest CD Rates in Chicago, Illinois