First Northern Credit Union is offering several some competitive certificate rates. The best rates require a minimum deposit of $50,000. The most competitive include 2.95% APY for 12 months, 3.10% APY for 18 months and 3.25% APY for 24 months. Lower rates are available for a $25K minimum and $2,500 minimum. The credit union also has some high rates for Coverdell Education Savings Account Certificates with yields ranging from 3.30% APY for 6 months to 4.35% APY for 60 months. These rates are listed in the credit union's rate table as of 2/24/09.
Membership is available to anyone who lives or works in the following counties in Illinois: Boone, DeKalb, DuPage, Grundy, Kane, Kendall, Lee, McHenry, Ogle, Stephenson, Will and Winnebago. There are also several Select Employee Groups. Please refer to the credit union's Who-is-eligible page for more details. Membership requires a minimum deposit of $5 into your share savings account.
Branches are located in Chicago, Evanston and Rockford, IL. The credit union is federally insured by the NCUA (Charter # 66359).