Dedicated to Deposits: Deals, Data, and Discussion

4.80% 24-Month CD at Lincoln Park Savings Bank in Chicago

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Lincoln Park Savings Bank
Update 9/25/08: These special CDs are no longer listed on the bank's website. Please check the bank's website for the latest rates and specials.

Lincoln Park Savings Bank is offering two competitive CD specials: 4.80% APY CD with terms from 24 to 35 months, and 4.35% APY CD with terms from 15 to 20 months. The minimum deposit is $10,000. Please refer to the bank's rate table for more details.

It appears a branch visit may be required to open accounts. Branches are located In Chicago, Illinois.

The bank's financial ratings are weak: 2 stars (problematic) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both are based on 6/30/08 data. As I recommend with any bank, make sure you keep your deposits under the FDIC limits. The bank has been FDIC insured since 1954 (FDIC Certificate # 30600).
  Tags: Illinois, CD rates, Lincoln Park Savings Bank

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