Dedicated to Deposits: Deals, Data, and Discussion

2.60% 19-Month CD & 2.40% 10-Month CD at Foster Bank in Chicago - Local Only

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Foster Bank is offering two CD specials with competitive rates: 2.60% APY for a 19-month term and 2.40% APY for a 10-month term. Minimum deposit is $1,000, and the maximum is $100,000. The specials are listed in two promo pages that are linked in the bank's home page as of 5/17/09.

It appears that a branch visit is required to open an account. Branches are located in Chicago, Arlington Heights, Niles, Naperville and Lincolnshire.

The bank has some solid ratings for soundness: 3 stars (performing) at Bankrate and 3.5 stars (good) at BauerFinancial. Both ratings are based on 12/31/08 financial data. Foster Bank has been FDIC insured since 1989 (FDIC Certificate # 27447).

Other High Certificate of Deposit Rates

For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to the index of state CD and bank deals.
  Tags: Illinois, CD rates

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