Banking Rates & News

Chicago Metro Area

Including Chicago, Naperville, Schaumburg, Aurora, Joliet, Orland Park, Valparaiso, Elgin, Hammond, Oak Lawn, and 321 other towns.

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Banking in the Chicago Area

Chicago is the third largest city in America. It has a large, vibrant, diverse economy with multiple Fortune 500 companies and a massive finance sector. The Chicago Board of Trade is the second largest center for public market trading in the country. There are also an array of investment houses and a large number of high net worth individuals living in the city. Other large sectors include real estate, conventions, hospitality, manufacturing, logistics, transportation, technology, pharmaceuticals, education, health care and advertising. These sectors continue to build on one another to power the economy. For that reason, banking is thriving in Chicago with an array of services and financial options offered.

Chicago's nearby neighbors include Naperville, Aurora, Schaumburg, Joliet and Skokie. There are nearly 200 banks and 200 credit unions that are headquartered in Chicago. Some of the largest Chicago based banks include The Northern Trust Company, BMO Harris Bank and MB Financial Bank. Every major US bank has operations in Chicago including Wells Fargo, Bank of America, Citibank and JP Morgan. Many international banks even have a presence including HSBC, UBS, and Barclays. In total, there are about 4,060 branches from more than 270 banks and 240 credit unions in Chicago.

The city continues to grow and thrive. Even though the municipal government's finances are in jeopardy, the private sector is faring well. Banking will continue to excel as long as the rest of the city grows.

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Local Deals & News

Wells Fargo Offers Easy $250 Checking Bonus
Availability: Nationwide Wells Fargo Bank (Wells Fargo) is offering a $250 checking account bonus for “new checking customers.” According to a CSR, "new" means new, as in "never, ever having
Evergreen Bank (IL) Adds 6-Month Money Market Rate Guarantee
Availability: Chicago metropolitan area Yesterday, Chicagoland DA reader, miked, posted in the Forum about Evergreen Bank Group’s (EBG) Money Market Special that guarantees 1.05% APY on $25k+ balances for 180
1.05% Money Market Special With 180-Day Rate Lock In Chicagoland
Evergreen Bank Group’s ad in today’s Chicago Tribune: Money Market Special for accounts $25,000 and up 1.05% APY Guaranteed for 180 days. New money only. 0.45% APY for accounts $10,000
Special CD Rates At Chicagoland Bank Tied To Super Bowl Score
First Secure Community Bank ad in today’s Chicago Tribune: 23-month CD 1.00% APY + Winner’s Score 59-month CD 1.50% APY + Winner’s Score $1,000 minimum balance, new money only Example
Citibank Offers $500 Checking Bonus
Availability: Nationwide Now through April 14, 2017, Citibank has a $500 bonus when opening a new Citi Priority Account Package checking account. $500 Bonus Requirements Open a new eligible consumer
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