4.00% 11-Month / 4.75% 36-Month CD at a Chicago Bank (Cole Taylor)

Jul 19, 2008 - 2:51 PM by Ken Tumin

Cole Taylor Bank
Update 7/19/08: The 36-month CD yield has fallen from 5% to 4.75% APY. The title has been modified to reflect this change.

Cole Taylor Bank has increased rates on its CD promotions. The latest promotions include a 4.00% APY 11-month CD, a 4.10% APY 15-month CD, a 5.00% APY 36-month CD and a 5.10% APY 60-month CD. The minimum deposit is $10,000, and new money is required.

My last report on this bank was in June when 11-month CD was at 3.75% and the 15-month was at 4%.

It appears a branch visit is required to open an account. Branches are located in Chicago, Illinois and its suburbs. The bank has been FDIC insured since 1978 (FDIC Certificate # 22599). It has a 3 star rating (adequate) at BauerFinancial based on 3/31/08 data.

Banks Mentioned in this Post:

Cole Taylor Bank
Locations: 11   Health Rating:
 
Recent Posts: Competitive Reward Checking Accounts a... | Top Long-Term CD Rates at Cole Taylor ...


In order of date posted. - Sort by votes

Be the First to Comment


Post a Comment