It appears a branch visit may be required to open an account. Branches are located in the Illinois cities of Chenoa, Graymont and Pontiac. These cities are located between Chicago and Bloomington.
The bank has some strong ratings for soundness: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 9/30/08 financial data. The bank has been FDIC insured since 1934 (FDIC Certificate # 10434).
Other Illinois CD Rates
To find other good deals on CD rates in Illinois, refer to my Illinois deals page which shows the last 20 posts on Illinois bank deals. Remember to check the bank's website for the latest rates since rates are falling fast. One bank in Chicago that continues to offer some very competitive rates is Seaway Bank and Trust Company. As of 1/30/2009, it continues to offer Super Saver CDs with APYs of 3.55% for 1-year, 3.80% for 18-months and 4.06% for 2-years (see post).
For CD rates in other states, find your state-deals page at this page.