Dedicated to Deposits: Deals, Data, and Discussion

4.75% 60-Month CD at a Chicago Bank (Plaza).


Update 2/09/08: The CD rates have fallen. Please check the bank's website for the latest rates.

Plaza Bank has some competitive CD rates on its longer terms. The highest is a 4.75% APY for a 5-year term. The minimum deposit is $1,000. There's also a promotional 10-month 4% CD with a $5K minimum deposit, but this requires a checking account with direct deposit. Without the checking the yield is 3.75% APY. The rate table has a Feb 4, 2008 date so hopefully these rates will last awhile.

Branches are located in Chicago and in the Chicago metro area. The bank is a member FDIC (Certificate # 18055).

  Tags: Illinois, CD rates, Plaza Bank

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