Banking Rates & News

Chicago Metro Area

Including Abbott Park, Addison, Aibonito, Algonquin, Alsip, Anasco, Antioch, Arlington Heights, Arlington Hts., Aroma Park, and 314 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

Inova Federal Credit Union On Web Site March 30, 2023 20 Month 5.50 Apy
Special offer on their web site 20 month 5.5% apy. I'm sorry I don't do links.
INOVA Federal Credit Union Adds Rate-Leading Certificate Special
Deal Summary: Limited-Time Certificate Specials – 20-month (5.50% APY) and 11-month (5.25% APY), $200 minimum deposit. Availability: Easy membership requirement in northern Indiana and San Francisco Bay area. INOVA Federal
$525 Savings Bonus Equivalent Interest Rate Up To 12.80%
Well Fargo is offering a savings bonus of $525 when you deposit $25k. They give you 30 days to fully fund the account when you open it IN BRANCH with
Unusual CD's For This Ultra Conservative Bank
I use their Brick/Mortar for my checking accounts at 0.01 as a sort of hub to open and close online accounts. Have never considered any of their CD offers. I
$525 Savings Bonus $25K 90 Days
I know how much everyone loves to hate WF, but this is an attractive deal. https://bonusoffer.wf.com/savingsbonus With the turbulence around Silicon Valley Bank and Signature Bank, we may see a
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