2.00% 6-Month No-Penalty CD ($25K Max) at STC Capital Bank in IL - Local Only

POSTED ON BY

STC Capital Bank is offering a special 2.00% APY 6-month CD for new customers. Maximum deposit is $25,000 with a limit of one offer per household. It has no minimum balance, and it allows a withdrawal without a penalty. The special CD doesn't seem to be listed at the bank's website. It was advertised in the 11/26/09 edition of the Suburban Life newspaper. The ad is available online here.

My last post on STC Capital Bank was in April when they were offering 2.75% APY on the special 6-month CD. However, it didn't allow a penalty-free withdrawal. Instead, it allowed additional deposits.

It appears a branch visit is required to open an account. Branches are located in St. Charles, IL which is about 30 miles west of Chicago.

The bank's ratings for safety and soundness continue to be strong: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both are based on 6/30/09 data. STC Capital Bank has been FDIC insured since 2006 (FDIC Certificate # 58127).

Other Competitive Certificate of Deposit Rates
Comments
2.75% 6-Month Add-On CD ($25K Max) at STC Capital Bank in Illinois
Update 11/21/09: The rate of the special CD has fallen to 1.75% APY.
Update 9/05/09: The rate of the special CD has fallen to 2.25% APY.
Update 7/04/09: The rate of the special CD has fallen to 2.50% APY.

STC Capital Bank is offering a special 2.75% APY 6-month CD. Maximum deposit is $25,000 with a limit of one offer per household. Additional deposits are allowed at any time, but the total additions including the initial deposit may not exceed $25,000. This special is listed on the bank's home page as of 4/21/09.

It...





Continue Reading
4.25% 6-Month CD at STC Capital Bank in Illinois
STC Capital Bank is offering a special 4.25% APY 6-month CD. There is no minimum balance requirement. The maximum balance is $100,000 per household. In addition to the special listed on the bank's homepage, it's also listed in this online ad. According to the ad, there is no early withdrawal penalty except during the first 7 days of the term or multiple withdrawals during a 7-day period.

It appears a branch visit may be required to open an account. Please check with the bank to confirm. Branches are located in St....

Continue Reading