Banking Rates & News

Chicago Metro Area

Including Darien, Chicago, Naperville, Aurora, Joliet, Schaumburg, Orland Park, Evanston, Elgin, Skokie, and 320 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

Hanmi Bank Raises 13-Month Gro CD Rate To 2.85% APY
Deal Summary: Gro CDs – 13-month (2.85% APY) and 15-month (2.95% APY), minimum $5k opening deposit, new money. Availability: Market area includes major metropolitans areas in California, Illinois, New Jersey,
Evergreen Bank Group (IL) Ups Kasasa Cash To 3.00% APY
Deal Summary: Kasasa Cash, 3.00% APY up to $25k. Kasasa Saver, 1.05% APY up to $100k. Availability: Illinois Last week, Evergreen Bank Group (EBG) raised the rate on its Kasasa
2.60% 11-Mo CD & 2.10% Savings Acct Regional Promotions
Wells Fargo is currently offering a 2.60% APY, 11-month CD which requires a minimum deposit of $25,000 (new money).They are also offering a 2.10% APY, Platinum Savings Account which also
Royal Bank (IL) Unveils 11-Month CD Special, 3.14% APY
Deal Summary: 11-month CD Special, 3.14% APY, $1k minimum deposit Availability: Market area covers the Chicago metropolitan area, aka Chicagoland. Last week, Royal Bank added a 11-month CD Special (3.14%
2.65% APY Max Savings
When I clicked on Personal Savings Accounts today I noticed a new leader. Flagstar Bank is offering a "MAX Savings, 12 month promo - 2.65% APY." I always first check
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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.