Dedicated to Deposits: Deals, Data, and Discussion

4.00% 9-Month CD at Community First Bank Chicago.

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Community First Bank Chicago is offering a 4.00% APY 9-month CD. The minimum deposit is $5,000. This special CD doesn't seem to be listed at the bank's website. A reader left a comment on this CD. Also, he mentioned that it's scheduled to end on Wednesday April 2, 2008.

I wasn't able to call the bank before it closed for the day. So I wasn't able to verify this rate, but since it's ending soon, I wanted to post on it as soon as possible. Make sure to call to verify for yourself before driving to this bank. Their number is 773-262-1100. It probably requires a branch visit.

I last reported on this bank in April 2007 when it was offering a 5.50% 15-month CD.

The bank is located at 7555 N. Western Avenue, Chicago, IL 60645. It's a new bank that was just established in 2005. It's a member FDIC (Certificate # 57948).

Thanks to the reader who mentioned this special CD in the comments. If you know of a good bank deal that's not listed here, please leave a comment in the finding-the-best-deals post.

  Tags: Illinois, CD rates, Community First Bank - Chicago

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