Current Interest Rates for Elgin, IL Bank Accounts: May 2011
When you opened your Elgin 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 city. Interest rates change on a daily basis, so it’s your job to keep up with the latest rate adjustments. Elgin Banking Rates can help you out this month with a list of the highest bank account rates in Elgin today.
Best Elgin Certificate of Deposit Rates
Below is a list of the best CD rates in Elgin 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
- Chicago Municipal Employees Credit Union: 1%
- Heights Auto Workers Credit Union: 0.85%
- International Bank of Chicago: 0.75%
12-Month CD
- Loyola University Employees Credit Union: 1.31%
- Chicago Municipal Employees Credit Union: 1.26%
- Beal Bank: 1.01%
24-Month CD
- Chicago Municipal Employees Credit Union: 1.56%
- International Bank of Chicago: 1.5%
- Edgebrook Bank: 1.4%
Current Highest Savings Account Rates in Elgin
- Mutual Federal Savings and Loan Association of Chicago: 1.25%
- Loyola University Employees Credit Union: 1.1%
- Wrigley Associates Credit Union: 0.86%
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 Elgin Banking Rates CD and Savings Rates pages.
