Dedicated to Deposits: Deals, Data, and Discussion

4.00% CD for Terms of 6 to 18 Months at Brickyard Bank in Illinois

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Brickyard Bank is offering a CD promotion with an APY of 4.00% for terms of 6, 9, 12 and 18 months. Minimum deposit is $10,000, and the money must be new to the bank. This special doesn't seem to be listed at the bank's website. A reader emailed me info on this, and I verified the special with the bank today (12/10/08). The promotion could end at anytime. A branch visit is required to open an account.

Branches are located in Lincolnwood and Skokie, Illinois which are in the northern suburbs of Chicago.

The bank's ratings for soundness are weak: 2 stars (problematic) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 6/30/08 data. The bank has been FDIC insured since 1979 (FDIC Certificate # 22811).

  Tags: Illinois, Brickyard Bank, CD rates

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