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Town Center Bank

3.50% 36-Month CD & 3.25% 24-Month CD at Town Center Bank in Illinois - Local Only


Town Center Bank has some competitive rates for its mid-term and long-term CDs. These include a 3.25% APY 24-month CD and a 3.50% APY for terms of 36, 48 and 60 months. Minimum deposit is $2,000. These rates are listed in the bank's rate table as of 3/17/09.

When I last check with this bank in December 2007, I was told a branch visit is required to open an account. Branches are located in Frankfort and New Lenox, Illinois which are just south of Chicago.

The bank has fair ratings for safety and soundness: 3 stars (adequate) at BauerFinancial (based on 12/31/08 data) and 3 stars (performing) at Bankrate.com (based on 9/30/08 data). The bank has been FDIC insured since 2006 (Certificate # 58214).

Other High Certificate of Deposit Rates

For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to my index of state CD and bank deals.

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