Illinois CD Rates

Banks bid in live auctions for your deposits.

Finding the best CD rates during difficult economic times can provide you with an investment you can count on.

Recent Illinois Live Auction CD Rates
for March 20, 2010

Term IL Avg APY* Overnight
Auction APY
High-Yield Savings Account Rates 0.26% 1.50%
3 Month CD Rates 0.31% 1.01%
6 Month CD Rates 0.49% 1.26%
9 Month CD Rates 0.75% 1.26%
1 Year CD Rates 0.75% 1.70%
18 Month CD Rates 0.92% 1.85%
2 Year CD Rates 1.21% 2.06%
30 Month CD Rates 1.18% 2.06%
3 Year CD Rates 1.55% 2.51%
4 Year CD Rates 1.76% 2.75%
5 Year CD Rates 2.09% 3.25%
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*Source: TheStreet.com

†Overnight Auction APY is a sample rate for a nightly auction for a $50,000 deposit.

Illinois CD Rates from the Blog

Head of seized Founders Bank seeks to save three remaining institutions

July 23, 2009

An article in the Chicago Tribune reports that Lyle Campbell, the head of Founders Bank, is trying to come up with enough capital so that his three remaining... [more]

PrivateBancorp Speeds Growth After Buying Failed Bank

July 23, 2009

An article in Bloomberg reports that after acquiring Founders Bank, PrivateBancorp is well on its way to realizing its goal of expanding its commercial... [more]

Heartland Financial acquires failed Illinois bank

July 23, 2009

The Des Moines Register reports that Galena State Bank & Trust, whose parent company is Heartland Financial, has taken over Elizabeth State Bank.President... [more]

Illinois leading nation in bank failure for 2009

July 23, 2009

According to the Chicago Tribune, Illinois has had more bank failures than any other state in the nation, with more predicted to come.Banking experts attribute... [more]

Regulators close Founders Bank

July 23, 2009

The Morris Daily Herald reports that the Founders Bank locations in Minooka and Channahon will reopen as branches of The PrivateBank.Jorge Solis, director... [more]