International Bank of Chicago is a Chicago-based FDIC-insured bank catering to Chicago's diverse ethnic groups. The bank is rated 4 stars (solid) by Bauer Financial.

The bank currently offers a 2 year CD at 2.50% open to residents of all US states. The rate is the highest 2 year CD rate on BestCashCow.com's rate tables.

MetLife Bank is offering a 12-month CD that pays 2.25% APY on deposits of $25,000 or more. As of September 16, 2009, that's the best 12-month CD rate on the BestCashCow rate tables. The money has to be deposited from an account outside of MetLife Bank.

According to Bankdeals, the CD can be opened by online, phone, or mail. Funding can be done via ACH, check, or wire transfer. MetLife locks the rate when the application is received and provides 15 days to fund the account.

Other details include:

• Interest is compounded daily, credited monthly.
• Grace period at maturity if 10 calendar days.
• Early withdrawal penalty is 90 days of interest for the amount withdrawn for CDs with terms of 12 months or less.

MetLife Bank has $14.6 billion in assets and is part of the MetLife family of companies, best known for their financial products and logos featuring Snoopy. The bank is FDIC insured and has 3 out of 5 stars (adequate) from Bauer Financial for its safety and soundness.

Citibank is offering a 5-year CD that pays 3.5% APY. As of September 12, 2009 that's one of the top rates for this term.

The details are as follows:

• A minimum opening deposit of $500 is required for CDs opened online.
• Interest is paid monthly for all CDs with terms greater than one year.
• CDs renew automatically at maturity for the same term you initially selected. In addition, the amount you have on deposit will receive the rate in effect at the time your CD matures. If you don't want to renew, you have a 7-calendar day grace period to let Citibank know online, by phone or in writing.

Compare the best 5-year CD rates