Banking Rates & News

Chicago Metro Area

Including Chicago, Naperville, Schaumburg, Joliet, Aurora, Orland Park, Valparaiso, Elgin, Hammond, Oak Lawn, and 321 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

5% For Up To $3,000 With One Unique Catch (Chicagoland)
Deposit your loose change into this coin-only savings account, and earn 5.00% APY on total deposits up to $3,000. Earn 0.50% APY for $3,000.01 - $10,000. Coin-only deposits are permitted.
E-Loan Converting To Popular Direct
I received notice that, effective May 15, 2017 my E-Loan CD account will be converted to a Popular Direct account. Online access with be through the populardirect.com All terms, conditions
15 Mth Promo CD @ 1.41% APY
Minimum is $1K. Maximum is $500K per depositor. Visit a branch or call 877.448.6500 to open. I learned of promo upon logging into account. I see no mention of it
Up To $200 New Checking Bonus, But ...
North Shore Bank in Wisconsin has a new checking account bonus worth up to $200, but rather than a lump-sum payment, "Debit card or direct deposit bonus of $12.50 will
Lakeside Bank (Chicago) Has New Kasasa Cash Account
Deal Summary: Kasasa Cash, 2.25% APY up to $25k; Kasasa Saver, 1.00% APY up to $100k Availability: Market area is the greater metropolitan Chicago Lakeside Bank has added a Kasasa
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