Current Interest Rates for Illinois Bank Accounts: May 2011
When you opened your Illinois bank account, you probably shopped around for the best interest rate you could find first. Have you checked out rates since? In order to ensure you’re always earning all you can, it is important to continually stay up-to-date on current rates in your state. Interest rates change on a daily basis, so it’s your job to keep up with the latest rate adjustments. Illinois Banking Rates can help you out this month with a list of the highest bank account rates in Illinois today.
Best Illinois Certificate of Deposit Rates
Below is a list of the best CD rates in Illinois by term length. If you’re not currently earning a similar rate on your certificate of deposit, it might be time to look for a new bank account.
6-Month CD
- Route 1 Credit Union: 1.77%
- R I D Credit Union: 1%
- The City National Bank of Metropolis: 1%
12-Month CD
- Route 1 Credit Union: 1.77%
- Peoria Journal Star Credit Union: 1.5%
- R I D Credit Union: 1.45%
24-Month CD
- Peoria Journal Star Credit Union: 2%
- R I D Credit Union: 1.95%
- Bank of Farmington: 1.73%
Current Highest Savings Account Rates in Illinois
- Mutual Federal Savings and Loan Association of Chicago: 1.25%
- MWABank: 1.15%
- Iec Credit Union: 1.1%
The above rates are accurate as of May 17, 2011 but are subject to change at any time without notice. For fully up-to-date interest rate information visit the Illinois Banking Rates CD and Savings Rates pages.
