5.70% 30-Month CD at an Illinois Bank (Belvidere)

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Belvidere Bank is offering a promotional 5.70% APY 30-month CD. The minimum deposit is $10,000. This doesn't seem to be listed at the bank's website. A reader left a comment on this deal, and I just called the bank (815-544-2400) for additional details. I was told there are no checking account or new money requirements. It is available at all of their branches. A branch visit is required. You can also open this CD in an IRA. I was told that rates are updated every Tuesday so this rate should last at least until next Tuesday.

Branches are located in north Illinois about 40 miles northwest of Chicago. The bank is FDIC insured (FDIC Certificate # 900)

Thanks to the reader who mentioned this CD in the comments of the finding deals post.
Related Pages: CD rates, IRA rates

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