Banking Rates & News

Chicago Metro Area

Including Chicago, Naperville, Schaumburg, Aurora, Joliet, Orland Park, Skokie, Valparaiso, Oak Lawn, Elgin, and 323 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

PNC $400 Checking Bonus With Bears Debit Card
A friend who lives in Chicago told me he just took advantage of PNC's $400 checking bonus.  He opened a new PNC checking account with a Chicago Bears (aka "Da
$250 Bonus For Checking & Savings Accounts In IL And Parts Of PA And IN
To qualify for the $250 bonus requires opening the Classic or Signature checking account, establishing direct deposit totaling $500 or more and opening a Statement or Passbook savings account with
Alliant Credit Union Starts Same-Day Incoming ACH
I just got a message from Alliant Credit Union that as of today they are starting same-day post for incoming ACH funds if the ACH was originated from the other
$150 Checking Account Bonus In Chicagoland & Miami
First American Bank is offering a $150 bonus 1. Visit any of our 50 branch locations between September 1 - October 31, 2016 2. Open a FREE Checking account and
Money Market Deposit Account Special In Chicagoland
Avenue Bank (a branch of CIBM Bank) ran this ad in the Sunday Chicago Tribune: Promotional rate of 1.00% APY on all tiers for new accounts effective as of 9/12/16