The First Chicago CD Rates are from a financial institution that first opened its doors in 1905 on Elston and Pulaski Avenues by a group of European immigrants. Its first name was Labe Bank which is a river in the Czech Republic translated in English to the Elbe River. Being one of the oldest bank it has earnerd great respect and trust of the people. With each day this bank is growing with a nice speed.
The current promotional CD Rates is for an online 13 month CD that is earning an APY of 0.80%. To open this account there must be a deposit of $1,000 made first.
The standard First Chicago CD rates begin with the 3 month CD that is earning an APY of 0.20%. The 6 month CD is earning an APY of 0.35%. The 9 month CD is earning an APY of 0.50%. The 1 year CD is earning an APY of 0.60%. The 18 month CD is earning an APY of 0.80%.
The 2 year CD is earning an APY of 1.26%. The 30 month CD is earning an APY of 1.00%. The 3 year CD is earning an APY of 1.46%. The 4 year CD is earning an APY of 1.66%. The highest CD rates are from the 5 year CD that is currently earning an APY of 2.12%.
Each of the Standard CD requires a minimum deposit of $1,000. This is the minimum criteria each investor has to fulfill.
To receive a monthly interest check associated with the CD on deposit there must be a balance of $10,000 or more in the account. The CD rates being offered by First Chicago Bank are quite competitive if compatred with the existing rates of other banks and financial institutuions.
These First Chicago CD rates were posted on November 2, 2010 and were still current but are subject to change without notice.
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