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1.57% APY 1Yr CD At South Central Bank, Chicago

Monday, October 7, 2013 - 7:51 PMSouth Central Bank - Details
South Central Bank lists a competitive 1.57% APY 1 year
CD on its rate page today.  When Ken last reported on it
their offers required a branch visit to open an account
and they accepted only local (Chicago) customers.  Might
be worth a call if you're interested.
cumuluscumulus363 posts since
Jan 16, 2010
Rep Points: 1,701
1. Wednesday, October 9, 2013 - 3:46 PM
Thanks cumulus for the info. I called the bank this afternoon for more details (312-491-7000). According to the CSR, they require customers to reside in the same zip code as one of their branches (60607, 60609, 60616, 60622). Minimum deposit is $10,000. It's a good deal for those who are eligible.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708