4.00% 4-Month CD at Great Lakes Credit Union in IL & WI

Great Lakes Credit Union is offering a special 4-month certificate with a 4.00% APY. There is no minimum or maximum deposit. The promotion is listed on the credit union's home page as of 12/19/08. According to the promotion page, this CD is scheduled to last through 12/31/08.

Membership is open to those who live or work in Lake or McHenry Counties of Illinois or Kenosha County of Wisconsin. You can also be eligible if you're a current or retired federal government employee. Please refer to the credit union's Membership Page for more details. Membership requires a minimum $5 deposit into a savings account.

Branches are located in Chicago, Gurnee, Libertyville, Round Lake Beach and Waukegan.

The credit union has some decent ratings for soundness: 5 stars (superior) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 9/30/08 data. The credit union is federally insured by the NCUA (Charter # 60238).

Tags: Great Lakes Credit Union, Illinois, Wisconsin, CD rates