The National Republic Bank of Chicago continues to offer some competitive CD rates. The best ones continue to be mid-term CDs like the 3-year CD with a 2.12% APY and the 30-month CD with a 2.02% APY. The shorter terms are also fairly competitive: 1.26% APY for 1-year and 1.41% APY for 18 months. Minimum deposit is $1,000. These rates are listed at the bank's rates page as of 12/10/2010. Higher rates may be available for Jumbo CDs with a $99K minimum deposit. They don't list these rates so you'll have to call.
As a comparison to internet banks on 12/10/2010, the best 3-year CD rate is 2.00% APY at Bank of Internet USA and the best 1-year CD rate is 1.50% APY at CNB Bank Direct.
It appears that a branch visit is required to open an account. The bank has two offices in Chicago.
The bank's overall health score at DepositAccounts.com is 3 out of 5 with a Texas Ratio of 23.11% (above average) based on September 2010 data. Please refer to our financial overview of The National Republic Bank of Chicago for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 916).
Searching for the Best CD Rates
To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.