Banking Rates & News

Chicago Metro Area

Including Abbott Park, Addison, Aibonito, Algonquin, Alsip, Anasco, Antioch, Arlington Heights, Arlington Hts., Aroma Park, and 315 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

"Lock in Sky-High Rates"
Well, I'm not sure that this qualifies as a "sky-high" rate but I just checked out the current certificate rates as I have an IRA certificate that matures early next
AlumniFi 4.75% APY Savings Acct
AlumniFi accts are held at Michigan State University FCU. Anyone can join for $10. With the addition of this CU to the Top 10 Liquid Accounts list, once again, all
Customers Bank Max Down To 3.91% APY
Customers Bank Max Savings Account is down to 3.91% APY. It was 4.01% APY.
Customers...Not Much Of The Bank...No Longer A Customer
The Disclosure: After many years of being loyal Customer of Customers Bank, the letter was received from Digital Banking that CB "has determined that it is no longer able to
Notre Dame Fed Credit Union Has Easy Membership Requirement Option
Deal Summary: Certificate Specials – 11-18 months (5.55% APY), 36-month (5.25% APY), no minimum deposit. UPDATE 3/7/2024 Availability: Easy membership requirement (details in “Availability” section below). Indiana-based Notre Dame Federal
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