Dedicated to Deposits: Deals, Data, and Discussion

4.00% 12-Month / 4.50% 48-Month CD at an Illinois Bank (Wheatland)

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Wheatland Bank is offering some very competitive CD rates. A yield of 4.00% APY is being offered on CD terms from 12 months to 36 months, and a yield of 4.50% APY is being offered for the 48 and 60-month terms. The minimum deposit is $2,500. In additional to personal CD's, the rates apply to business and IRA CD's.

It's a small bank so it appears likely they'll limit products to their local market. The bank is located in Naperville, Illinois which is in the suburbs of Chicago. It's a new bank that was just established in 2007 (FDIC Certificate # 58429).

  Tags: Illinois, Wheatland Bank, CD rates

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