First Eagle Bank (Chicago) Offers 24-Month CD


UPDATE 10/18/2018: No longer available.

Deal Summary: 24-month CD Special, 3.00% APY, $2.5k min/$250k max deposit.

Availability: Market area is greater Chicago area (Chicagoland).

Last month, First Eagle Bank offered a limited-time 18-month CD Special, earning 3.00% APY. While the 18-month is no longer available, the Chicago-based Bank is offering 3.00% APY on a 24-month CD Special. This is also a limited-time offer and can be opened with a $2.5k minimum deposit and with a balance cap of $250k.

According to CSR, the Early Withdrawal Penalty is “180 days interest on the amount being withdrawn.” There is a 10 day grace period before the 24-month CD Special automatically renews to the current 24-month CD rate.


Headquartered in Chicago, First Eagle Bank offers its product line to residents of the greater Chicago area, aka Chicagoland.

Opening a 24-month CD Special requires an in-person visit to either of the two Illinois branches located in Chicago (Near West Side) and Hanover Park (DuPage County). First Eagle Bank’s online banking platform is currently limited to account management and bill payment services.

In the course of our conversation, CSR mentioned that, in addition to typical bank transactions, First Eagle Bank offers in-branch renewal of Illinois license plate stickers and the sale of USPS Forever Stamps.

Bank Overview

First Eagle Bank has an overall health grade of "A” at, with a Texas Ratio of 1.01% (excellent), based on March 31, 2018 data. The Bank has an excellent capitalization level (17.37%), the resulting of holding $485.69 million in assets and $84.37 million in equity. Please refer to our financial overview of First Eagle Bank (FDIC Certificate # 25883) for more details.

An investor group led by First Eagle Bank’s current Board Chairman, Joel Salk, acquired the First National Bank of Roselle in January 1991. The Bank was recapitalized and rebranded as First Eagle National Bank, reflecting the Bank’s market expansion from a small community bank in Roselle, Illinois, to a bank that would serve the greater Chicago area. In a March 2016 press release, the Bank announced that,

The Illinois Bankers Association (IBA) recently presented the Illinois Bank Financial Literacy award to First Eagle Bank in Chicago. The award was created and judged by the IBA’s Financial Literacy Committee and is presented to an Illinois bank that provides critical training and key resources in a progressive and thorough manner to its community.

How the CD Special Compares

When compared to 357 similar length-of-term CDs tracked by that require a similar minimum deposit are available within the Bank’s market area, First Eagle Bank’s 24-month CD Special APY currently ranks first.

The above rates are accurate as of 8/27/2018.

Searching for the best CD rates, either nationally available or state-specific? Please refer to our CD Rates Table page.

Related Pages: Chicago CD rates, 5-year CD rates

First Eagle Bank (Chicago) Adds 18-Month CD
UPDATE 10/18/2018: rate has been lowered to 2.00% APY.

Deal Summary: 18-month CD Special, 3.00% APY, $2.5k minimum deposit.

Availability: Market area is greater Chicago area (Chicagoland).

DA readers are great when it comes to letting me know about hot deals. Over the weekend, a reader emailed me the details of a hot CD deal at Chicago-based First Eagle Bank. My last post on this bank was more than 12 years ago, and coincidentally, the post was about a hot CD deal that I learned about from a...

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6.00% 12-Month CD at a Chicago Bank (First Eagle) - EXPIRED

UPDATE: This 12-month CD offer has EXPIRED.

First Eagle National Bank has a 6.00% APY (5.87% interest rate) 12-month certificate of deposit. The minimum is $2.5K.

The bank has branches in Chicago and Hanover Park, Illinois.

The bank is FDIC insured. It has a 4 out of 5 star safe and sound rating at

Thanks to the reader who emailed me this deal.

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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.