5.61% 24-Month CD at a Chicago Bank
Apr 19, 2006 - 1:11 PM by Ken Tumin
The International Bank of Chicago is offering 5.61% APY 2-year CD. The minimum deposit is $10K. This doesn't seem to be a special rate.
The bank has four branches in the Chicago area.
Highest Rate 24-Month CD
The best yield for a 24-month certificate of deposit currently listed at Bankrate.com is 5.30% APY at UmbrellaBank.com. Melrose Credit Union (open to all, see post) has a 2-year CD with an APY of 5.46%. State Bank of Long Island has a 5.50% APY 24-month CD available to New York residents (see post).
The bank has four branches in the Chicago area.
Highest Rate 24-Month CD
The best yield for a 24-month certificate of deposit currently listed at Bankrate.com is 5.30% APY at UmbrellaBank.com. Melrose Credit Union (open to all, see post) has a 2-year CD with an APY of 5.46%. State Bank of Long Island has a 5.50% APY 24-month CD available to New York residents (see post).
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Banking Guy (anonymous) - #1, Friday, April 28, 2006 - 12:56 PM
This 2-year CD looks like it's available to all my mail.
scottjm provided the following info on International Bank of Chicago:
Checked them out on Bankrate and found they are small at only $141 million but Bankrate safe&sound rates them at 5 stars. Looks easy to open by mail by printing an online application which includes the option of listing beneficiaries
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