Morton Community Banks Adds Competitive 48-month CD Special - Local


Morton Community Banks (Illinois) recently added a 48-month CD Special with two attractive rates: 2.05% APY for balances under $100K and 2.11% APY for balances over $100K. The minimum opening deposit $1K, with no maximum balance cap. The 48-month CD is also available as an IRA (Traditional) at the same rates, with the same funding requirements.

According to a very cheerful CSR, the Early Withdrawal Penalty on the 48-month CD Special is 12 months of interest.

2.17*%$100k-Hometown Community Banks48 Month IRA (Traditional, Roth, SEP, SIMPLE)
OTHER TIERS: 2.11% $1k - $100k
Rates as of February 27, 2024.

Pot O' Gold Checking

Morton Community Banks is also offer a Pot O’ Gold Checking account which earns 2.01% APY on balances up to $10K (balances above $10K earn 0.15% APY). To earn the 2.01% APY, at least 13 debit card purchases must post and clear during the monthly qualification cycle. Pot O' Gold Checking has no minimum balance requirements and no monthly service or activity charges.


Morton Community Banks (central Illinois) is headquartered in Morton and is Illinois’ 11th largest bank. The bank’s services and product line are available to residents of the Illinois counties of Fulton, Livingston, Marshall, Mason, McDonough, McLean, Peoria, Tazewell, and Woodford.

While Morton Community Banks offers account management online banking services, opening an account requires in-person visit to any of 32 branches located in Bartonville, Cropsey, East Peoria (4), Elmwood, Eureka, Fairbury, Farmington, Lacon, Macomb (3), Manito, Minier, Minonk, Morton (3), Pekin, Peoria (2), Princeville, Roanoke (2) Roseville, Spring Bay, Toluca, Tremont, Washburn, and Washington.

Bank Overview

Morton Community Banks has an overall health rating of "B+" at, with a Texas Ratio of 11.02% (above average), as of June 30, 2014. In the past year, Morton Community Banks has increased its total deposits by $143.88 Million, an excellent annual growth rate of 6.95%. Please refer to our financial overview of Morton Community Banks for more details.

Morton Community Banks (FDIC Certificate # 18492) is an independently-owned back founded in Morton, Illinois, in 1961, which prides itself on being just not a community bank, but a member of the community. Morton Community Banks is the 11th largest bank in Illinois, with assets in excess of $2.8 Billion.

How the CD Compares

When compared to other similar length-of-term CDs tracked by, requiring a similar minimum deposit and available to Illinois residents, Morton Community Banks’ 48-month CD is competitive:

The above rates are accurate as of 11/28/2014.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.


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.