5.75% 6-Month CD at an Illinois Bank (Town Center Bank)

Nov 30, 2006 - 8:34 AM by Ken Tumin

Town Center Bank is offering a 5.75% APY 6-month certificate of deposit special. The minimum is $2,000, and it requires opening a checking account. I was told by the CSR that both the CD and the checking account can be opened by mail even by those who live in other states.

Branches are located in Frankfort and New Lenox, Illinois which is just south of Chicago.

It's a newly established bank that has just been FDIC insured since September, 2006.

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