Banking Rates & News

Rockford Metro Area

Including Amboy, Ashton, Belvidere, Byron, Cherry Valley, Creston, Davis, Davis Junction, Dixon, Durand, and 31 other towns.

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Banking in the Rockford Area

Rockford's economy is largely based on manufacturing and healthcare, although it is somewhat diversified and does have a healthy banking sector for a city its size. There are 27 banks and 10 credit unions with their headquarters in Rockford and the surrounding area. Notable institutions based in the Rockford area include Alpine Bank & Trust Co., Illinois Bank & Trust, Stillman BancCorp N.A., Rockford Bank and Trust Company, and The First National Bank & Trust Company of Rochelle. The oldest institution still operating in the area is Lena State Bank, which was established in 1867. Altogether, including banks headquartered elsewhere that have local operations, there are more than 55 banks and 25 credit unions in the Rockford area, with a total of approximately 230 branches.

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Local Deals & News

BMO Harris (Check Your Zip Code)
Special CD Rates (looks like good nationwide but check your zip first) 13 mo 4.00% 25 mo 4.10% 35 mo 4.30% 45 mo 4.40% 59 mo 4.50% Only good outside
Connexus CU Has New Rates For "Jumbo" Certificates
It appears that Connexus has raised rates for the various terms on their Jumbo Certificates (100K+). https://www.connexuscu.org/accounts/share-certificates/
PNC Bank Joins The 4% Club
PNC High Yield Savings 3.93% comes to 4% APY
PNC High Yield Savings/Virtual Wallet At 4% APY
Great to see a big bank get to this level, even though it is only for people who opened their account in a state where PNC doesn't have branches. However,
Connexus Credit Union 15-Month CD Special Is New Rate Leader
Deal Summary: 15-month Share Certificate Special, 4.85% APY, $5k minimum deposit Availability: Easy membership requirement Earlier this week, Connexus Credit Union (Connexus) unveiled a very competitive 15-month Share Certificate Special.
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