CD early withdrawal: Chicago
3-month CD
Bankrate.com's CD early withdrawal penalty study looked at five of the most common CD maturities. This
chart gives you an easy way to compare CD offerings by institution, metropolitan area and maturity over the
survey period in mid-February this year.
Minimum
deposit
Yield
Penalty
for early
withdrawal
Grace period on
automatically
renewable CDs
Early
withdrawal
penalties the
same for
retirement
CDs?
Bank of America
$1,000
0.03%
$25 plus 1%
of amount
withdrawn
7 days
Yes
Chase Bank
$1,000
0.05%
$25 plus 1%
of amount
withdrawn
10 days
Yes
Harris National Association
$1,000
0.01%
90 days'
interest
10 days
Yes
PNC Bank
$1,000
0.07%
3 months'
interest
10 days
Not offered
The Northern Trust Company
$10,000
0.03%
90 days'
interest
10 days
Yes
BankFinancial
$1,000
0.20%
3 months'
interest
7 days
Yes
Citizens Financial Bank
$2,000
0.05%
3 months'
interest
10 days
Yes
Hoyne Savings Bank
$1,000
0.10%
30 days'
interest
7 days
Yes
Institution
Bankrate.com's CD early withdrawal penalty study surveyed 100 banks and thrifts from the top 10 metropolitan markets from Feb. 13,
2012, to Feb. 24, 2012. Included were the top five banks and the top five thrifts, by deposit size, in each market. The top five credit
unions from across the country, by assets, also were surveyed.
CD early withdrawal: Chicago
6-month CD
Bankrate.com's CD early withdrawal penalty study looked at five of the most common CD maturities. This
chart gives you an easy way to compare CD offerings by institution, metropolitan area and maturity over the
survey period in mid-February this year.
Minimum
deposit
Yield
Penalty
for early
withdrawal
Grace period on
automatically
renewable CDs
Early
withdrawal
penalties the
same for
retirement
CDs?
Bank of America
$1,000
0.05%
$25 plus 1%
of amount
withdrawn
7 days
Yes
Chase Bank
$1,000
0.15%
$25 plus 1%
of amount
withdrawn
10 days
Yes
Harris National Association
$1,000
0.15%
90 days'
interest
10 days
Yes
PNC Bank
$1,000
0.10%
3 months'
interest
10 days
Yes
The Northern Trust Company
$10,000
0.05%
90 days'
interest
10 days
Yes
BankFinancial
$1,000
0.25%
3 months'
interest
7 days
Yes
Citizens Financial Bank
$2,000
0.05%
3 months'
interest
10 days
Yes
Hoyne Savings Bank
$1,000
0.20%
90 days'
interest
7 days
Yes
Liberty Bank for Savings
$2,500
0.15%
6 months'
interest
7 days
Not offered
Institution
Bankrate.com's CD early withdrawal penalty study surveyed 100 banks and thrifts from the top 10 metropolitan markets from Feb. 13,
2012, to Feb. 24, 2012. Included were the top five banks and the top five thrifts, by deposit size, in each market. The top five credit
unions from across the country, by assets, also were surveyed.
CD early withdrawal: Chicago
1-year CD
Bankrate.com's CD early withdrawal penalty study looked at five of the most common CD maturities. This
chart gives you an easy way to compare CD offerings by institution, metropolitan area and maturity over the
survey period in mid-February this year.
Minimum
deposit
Yield
Penalty
for early
withdrawal
Grace period on
automatically
renewable CDs
Early
withdrawal
penalties the
same for
retirement
CDs?
Bank of America
$1,000
0.10%
$25 plus 3%
of amount
withdrawn
7 days
Yes
Chase Bank
$1,000
0.20%
$25 plus 3%
of amount
withdrawn
10 days
Yes
Harris National Association
$1,000
0.30%
180 days'
interest
10 days
Yes
PNC Bank
$1,000
0.20%
6 months'
interest
10 days
Yes
The Northern Trust Company
$10,000
0.40%
180 days'
interest
10 days
Yes
BankFinancial
$1,000
0.30%
3 months'
interest
7 days
Yes
Citizens Financial Bank
$2,000
0.15%
3 months'
interest
10 days
Yes
$500
0.25%
90 days'
interest
7 days
Yes
$2,500
0.20%
1 year's
interest
7 days
No; 6 months'
interest
Institution
Hoyne Savings Bank
Liberty Bank for Savings
Bankrate.com's CD early withdrawal penalty study surveyed 100 banks and thrifts from the top 10 metropolitan markets from Feb. 13,
2012, to Feb. 24, 2012. Included were the top five banks and the top five thrifts, by deposit size, in each market. The top five credit
unions from across the country, by assets, also were surveyed.
CD early withdrawal: Chicago
2-year CD
Bankrate.com's CD early withdrawal penalty study looked at five of the most common CD maturities. This
chart gives you an easy way to compare CD offerings by institution, metropolitan area and maturity over the
survey period in mid-February this year.
Minimum
deposit
Yield
Penalty
for early
withdrawal
Grace period on
automatically
renewable CDs
Early
withdrawal
penalties the
same for
retirement
CDs?
Bank of America
$1,000
0.15%
$25 plus 3%
of amount
withdrawn
7 days
Yes
Chase Bank
$1,000
0.30%
$25 plus 3%
of amount
withdrawn
10 days
Yes
Harris National Association
$1,000
0.50%
180 days'
interest
10 days
Yes
PNC Bank
$1,000
0.35%
6 months'
interest
10 days
Yes
The Northern Trust Company
$10,000
0.40%
270 days'
interest
10 days
Yes
BankFinancial
$1,000
0.50%
6 months'
interest
7 days
Yes
Citizens Financial Bank
$2,000
0.45%
6 months'
interest
10 days
Yes
First SB of Hegewisch
$1,000
0.65%
182 days'
interest
7 days
Yes
Hoyne Savings Bank
$500
0.45%
180 days'
interest
7 days
Yes
$2,500
0.30%
1 year's
interest
7 days
Yes
Institution
Liberty Bank for Savings
Bankrate.com's CD early withdrawal penalty study surveyed 100 banks and thrifts from the top 10 metropolitan markets from Feb. 13,
2012, to Feb. 24, 2012. Included were the top five banks and the top five thrifts, by deposit size, in each market. The top five credit
unions from across the country, by assets, also were surveyed.
CD early withdrawal: Chicago
5-year CD
Bankrate.com's CD early withdrawal penalty study looked at five of the most common CD maturities. This
chart gives you an easy way to compare CD offerings by institution, metropolitan area and maturity over the
survey period in mid-February this year.
Minimum
deposit
Yield
Penalty
for early
withdrawal
Grace period on
automatically
renewable CDs
Early
withdrawal
penalties the
same for
retirement
CDs?
Bank of America
$1,000
0.95%
$25 plus 3%
of amount
withdrawn
7 days
Yes
Chase Bank
$1,000
0.75%
$25 plus 3%
of amount
withdrawn
10 days
Yes
Harris National Association
$1,000
1.20%
180 days'
interest
10 days
Yes
PNC Bank
$1,000
1.00%
6 months'
interest
10 days
Yes
The Northern Trust Company
$10,000
0.75%
270 days'
interest
10 days
Yes
BankFinancial
$1,000
1.20%
1 year's
interest
7 days
Yes
Citizens Financial Bank
$2,000
1.15%
1 year's
interest
10 days
Yes
First SB of Hegewisch
$1,000
1.50%
365 days'
interest
7 days
Yes
Hoyne Savings Bank
$500
1.00%
180 days'
interest
7 days
Yes
$2,500
1.00%
1 year's
interest
7 days
Yes
Institution
Liberty Bank for Savings
Bankrate.com's CD early withdrawal penalty study surveyed 100 banks and thrifts from the top 10 metropolitan markets from Feb. 13,
2012, to Feb. 24, 2012. Included were the top five banks and the top five thrifts, by deposit size, in each market. The top five credit
unions from across the country, by assets, also were surveyed.