| 2212 W. Cermak Rd. Chicago, IL 60608 (773) 847-7747 www.mutualfederalbank.com ![]() |
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Mutual Federal Bank is headquartered in Chicago and is the 379th largest bank in the state of Illinois. It is also the 5,378th largest bank in the nation. It was established in 1905 and as of September of 2011, it had grown to 21 employees at 2 locations. Mutual Federal Bank's money market rates are 48% higher than the national average, and it has a 3-star health rating.
Mutual Federal Bank Routing Number: 271071062
Related Posts
Mutual Federal Bank is offering a 2.00% APY 3-year CD and IRA CD. Minimum deposit is $500. I last reported on this bank in October when it was offering a top 5-year CD. That rate has fallen quite a bi ...
Mutual Federal Bank continues to offer a competitive 5-year CD rate of 3.10% APY. Minimum deposit is $500. I last reported on this in August. Since that time, many banks have cut their 5-year CD rates ...
Mutual Federal Bank is offering a competitive 5-year CD rate of 3.10% APY. The 30-month CD rate is also fairly competitive at 2.00% APY. Minimum deposit is $500. These rates are listed at the bank's C ...
Mutual Federal Bank continues to offer very competitive 6-month CD rates. Its Jumbo 6-month CD has a 1.75% APY. This requires a $100,000 minimum deposit. Its 6-month CD rate for a $1,000 minimum is a ...
2010
2009
See Rates for: Checking | Savings | Money Market | CD | IRA
Mutual Federal Bank Checking Account Rates
Mutual Federal Bank Savings Account Rates
Mutual Federal Bank Money Market Rates
Mutual Federal Bank CD Rates
| Apy | Min | Max | Product | |
| 2.00% | $500 | - | 5 Year Certificate | |
| 1.75% | $500 | - | 4 Year Certificate | |
| 1.50% | $500 | - | 3 Year Certificate | |
| 1.25% | $500 | - | 2 1/2 Year Certificate | |
| 1.10% | $500 | - | 2 Year Certificate | |
| 1.00% | $500 | - | 18 Month Certificate | |
| 0.90% | $500 | - | 1 Year Certificate | |
| 0.60% | $900 | - | 9 Month Certificate | |
| 0.40% | $1k | - | 6 Month Certificate | |
| 0.30% | $1k | - | 3 Month Certificate |
Mutual Federal Bank IRA Rates
| Apy | Min | Max | Product | |
| 2.00% | $500 | - | 5 Year IRA | |
| 2.00% | $500 | - | 5 Year Roth IRA | |
| 1.75% | $500 | - | 4 Year IRA | |
| 1.75% | $500 | - | 4 Year Roth IRA | |
| 1.50% | $500 | - | 3 Year IRA | |
| 1.50% | $500 | - | 3 Year Roth IRA | |
| 1.25% | $500 | - | 2 1/2 Year IRA | |
| 1.25% | $500 | - | 2 1/2 Year Roth IRA | |
| 1.10% | $500 | - | 2 Year IRA | |
| 1.10% | $500 | - | 2 year Roth IRA | |
| 1.00% | $500 | - | 1 1/2 Year IRA | |
| 1.00% | $500 | - | 1 1/2 Year Roth IRA | |
| 0.90% | $500 | - | 1 Year IRA | |
| 0.90% | $500 | - | 1 Year Roth IRA | |
| 0.60% | $500 | - | 9 Month IRA | |
| 0.60% | $500 | - | 9 Month Roth IRA | |
| 0.40% | $1k | - | 6 Month IRA | |
| 0.40% | $1k | - | 6 Month Roth IRA | |
| 0.30% | $1k | - | 3 Month IRA | |
| 0.30% | $1k | - | 3 Month Roth IRA |
Data for Q3 2011
Institution Statistics
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Institution Health
Overall Score:
3 out of 5
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Mutual Federal
- Anonymous - Wednesday, October 20, 2010 - 12:32 PMThis is a great bank that treats it's customers with class and kindness.
Average User Rating:





Super Nice And Helpful
The new Naperville branch (under the name "Great American Bank") was more then helpful with answering all my questions. The banker I dealt with (Eric) was super nice and extremely helpful with everything. With their above average rates and free checks for accounts; I will be returning to open new accounts as soon as I have more CD's come due.