Finding the Best 6-Month CD Rates in Elgin, IL: February 2011
How can you determine whether a CD rate is really a good one? It takes a bit of research, but Elgin Banking Rates exists to bring you all the information you need to find out.
To start, begin with the average rate for your location. Elgin Banking Rates compiles rates data from within a 50-mile radius of Elgin and the following is a breakdown of that information to help you locate the best rates near you.
Average Six Month CD Rate in Elgin
Right now, the highest 6-month CD in Elgin is currently 1.75% APY and the lowest is 0% APY. There are a total of 250 six month CDs currently available in the area. That brings the average to 0.7% APY.
The average in rate in Elgin can serve as a benchmark for comparing the rest of the local interest rates you find. Rates close to or over the average in your community are competitive offers.
If you’d like to see more CD rates from Elgin banks and credit unions for a term of six months, visit the Elgin 6-Month CD page.

