6.00% 12-Month CD at a Chicago Bank (First Eagle)

Jul 12, 2006 - 8:15 AM by Ken Tumin

First Eagle National Bank has a 6.00% APY (5.87% interest rate) 12-month certificate of deposit. The minimum is $2.5K.

The bank has branches in Chicago and Hanover Park, Illinois.

The bank is FDIC insured. It has a 4 out of 5 star safe and sound rating at Bankrate.com.

Thanks to the reader who emailed me this deal.

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In order of date posted. - Sort by votes

Anonymous - #1, Wednesday, July 12, 2006 - 11:32 PM

out of state okay ?

Banking Guy (anonymous) - #2, Thursday, July 13, 2006 - 7:23 AM

I just received a reply from the bank. Unfortunately, they do not open accounts for out-of-state people.

Bill Z (anonymous) - #3, Wednesday, July 19, 2006 - 1:24 PM

Dear Banking Guy,

Really enjoy your blog! You had described a bank paying 6.6% for 5 yr IRA's over $40,000 a few weeks ago. But I haven't been able to find the reference to it again. Can you help me find this bank? Thanks.

Bill Z

Banking Guy (anonymous) - #4, Wednesday, July 19, 2006 - 7:06 PM

Thanks for the feedback. About that 6.60% CD IRA, here's the post. Unfortunately, the rates have gone done some.

6.00% 12-Month CD at a Chicago Bank (First Eagle)

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