Dedicated to Deposits: Deals, Data, and Discussion

4.44% 13-Month CD at Republic Bank in Illinois

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Republic Bank has a CD special with a yield of 4.44% APY and terms of either 13 or 25 months. New money is required.

It appears a branch visit is necessary to open an account. Branches are located in Chicago, Darien, Naperville, Orland, Oak Brook, Palos Park and Hodgkins.

Republic Bank's financial ratings for soundness are a little weak: 3.5 stars (good) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 6/30/08 data. The bank has been FDIC insured since 1964 (FDIC Certificate # 19333).

Other Chicago High Yield CDs

I just posted yesterday on a 5% APY 14-month CD at Second Federal Savings which also has branches in Chicago.

  Tags: Illinois, CD rates

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