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

$300 Checking Bonus
https://banking.citi.com/cbol/OM/checking/enhanced-direct-deposit-offer/default.htm?BT_TX=1&ProspectID=82D4E9E3AB574A84B07D031B73DE3A0B 6/11 Open 6/12 Fidelity $751 push 6/13 Fidelity $751 push 6/22 $300 Bonus
Flagstar Bank
Flagstar banks is still offering their 5.55% interest savings account with a $25,000 deposit for 5 months with new money.
NFCU Ends Special 18 Month Easy Start CD June 9Th
NFCU is ending their 18 Month 4.70 Special Easy Start CD on June 9th. This CD allows one penalty free withdrawal during the 18-month term. This CD allows one partial
Navyfed -- One Penalty-Free Withdrawal Discontinued for EasyStarts
It looks like NavyFed quietly got rid of their temporary "One Penalty Free Withdrawal" perk on their 18 month EasyStart Add-On CDs over the last few days. The rate's still
Review of CIBC's Savings Accounts and CD Rates
.toc_title{background-color:#00528d;color:#FFF;padding: 10px 20px;font-family: 'Roboto', Arial, sans-serif;font-size: 15px;font-weight: normal;}.toc_body{background-color: #eee;padding: 15px;}.toc_body ul{padding-left:20px;margin-bottom:0px;} Written by Mitchell Grant | Published on 6/26/2020   CIBC U.S. is backed by CIBC (Canadian Imperial Bank of
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