Dedicated to Deposits: Deals, Data, and Discussion

2.00% 6-Month No-Penalty CD ($25K Max) at STC Capital Bank in IL - Local Only


STC Capital Bank
STC Capital Bank is offering a special 2.00% APY 6-month CD for new customers. Maximum deposit is $25,000 with a limit of one offer per household. It has no minimum balance, and it allows a withdrawal without a penalty. The special CD doesn't seem to be listed at the bank's website. It was advertised in the 11/26/09 edition of the Suburban Life newspaper. The ad is available online here.

My last post on STC Capital Bank was in April when they were offering 2.75% APY on the special 6-month CD. However, it didn't allow a penalty-free withdrawal. Instead, it allowed additional deposits.

It appears a branch visit is required to open an account. Branches are located in St. Charles, IL which is about 30 miles west of Chicago.

The bank's ratings for safety and soundness continue to be strong: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Both are based on 6/30/09 data. STC Capital Bank has been FDIC insured since 2006 (FDIC Certificate # 58127).

Other Competitive Certificate of Deposit Rates

Related Pages: STC Capital Bank, Illinois, CD rates

Related Posts