Illinois

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Romeoville, Illinois CD Rates – 6-Month

You are viewing rates from banks across Romeoville

 

Below are the best six-month CD Rates from banks with branches in Romeoville, Illinois . Six month CDs are considered short-term cds and the yield is comparable to savings and money market rates. You may want to consider opening a 6 month CD if you are concerned about savings rates dropping and don’t mind locking up your money for six months.

Romeoville, IL - December 21, 2024

6 Month CD National Average : 0.41% ?

Banks APY MIN MILES ?

Rate History: 5.40% → 5.30%

Rate History: 4.65% → 4.85% → 4.60% → 4.50% → 4.35%

| Dec 3, 2019

Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More

| Jul 24, 2023

BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More

Rate History: 4.85% → 4.75% → 4.25% → 4.10% → 3.90%

Rate History: 4.75% → 4.65% → 3.75% → 3.50% → 3.25%

| Feb 25, 2022

I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More

Rate History: 3.35% → 3.00%

| Nov 17, 2020

Is notarie services available today at a woodforest on wilkinson blvd Read More

Rate History: 2.50% → 2.51% → 2.01% → 2.00%

| Feb 6, 2023

after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More

| May 8, 2021

Location: 5069 N. Broadway Chicago IL 60640 Read More

Rate History: 3.00% → 2.00% → 1.50%

| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

| Sep 26, 2016

I think the specials have ended. can you double check? Read More

0.60%

$10,000

15.03

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0.50%

$2,500

23.11

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0.45%

$10,000

8.13

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0.35%

$10,000

20.40

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0.35%

$100,000

10.60

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0.35%

$100,000

11.33

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0.30%

$10,000

11.33

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0.25%

$10,000

20.27

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0.25%

$10,000

10.60

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0.25%

$10,000

21.52

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0.25%

$10,000

8.89

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0.25%

$10,000

15.51

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0.20%

$100,000

22.47

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| Nov 3, 2021

If anyone is considering using Midland States Bank for estate or trust planning and administration, I’d urge you to be careful and do your due diligence. I’ll first say that I am a CPA with experience ... Read More

| Oct 13, 2021

Good for savers. Easy to transfer funds in and out, not paying high transaction processing $ or being limited to low amounts per day. Does not subject applicants to very much ID interrogation and apparent... Read More

0.20%

$100,000

23.66

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| Dec 26, 2017

Good people to deal with. Competitive rates better than CEFCU. Easy in/out processing of CD's & MM. Read More

| Oct 13, 2021

Good for savers. Easy to transfer funds in and out, not paying high transaction processing $ or being limited to low amounts per day. Does not subject applicants to very much ID interrogation and apparent... Read More

0.15%

$1,000

15.64

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0.15%

$10,000

17.10

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0.15%

$10,000

23.66

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0.15%

$10,000

6.70

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0.15%

$10,000

20.91

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0.15%

$10,000

12.81

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0.15%

$10,000

16.13

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0.11%

$100,000

11.98

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0.10%

$10,000

19.12

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0.10%

$10,000

23.79

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0.10%

$10,000

21.98

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0.10%

$10,000

24.78

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0.10%

$1,000

17.09

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| Jun 20, 2019

12 month rate not 2.5. Changed to 1.5%. Read More

0.10%

$1,000

22.47

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0.10%

$10,000

19.10

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0.10%

$10,000

18.39

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| Sep 6, 2022

DO NOT TRUST THIS BANK. I caught them Ted handed trying to hold my funds through various methods even going so far as to not allow me to transfer my funds to another bank. I've been banking with them for... Read More

0.08%

$10,000

18.52

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0.08%

$10,000

9.33

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0.06%

$1,000

11.98

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0.05%

$2,500

18.63

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0.05%

$10,000

22.92

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0.05%

$10,000

12.18

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| Jan 29, 2024

Tried to enter information on line to open a 5 year CD, multiple time and wasn't accepted. Talked to a live person who was of no help at all. My credit score is over 800 and I have plenty of money in oth... Read More

0.05%

$10,000

5.56

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0.05%

$10,000

5.70

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| Jun 12, 2023

US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More

| Sep 6, 2022

DO NOT TRUST THIS BANK. I caught them Ted handed trying to hold my funds through various methods even going so far as to not allow me to transfer my funds to another bank. I've been banking with them for... Read More

| Jun 20, 2019

12 month rate not 2.5. Changed to 1.5%. Read More

0.04%

$10,000

8.99

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| May 18, 2019

Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More

0.01%

$10,000

14.28

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All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

6 Month Branch Certificates of Deposit 2024

Six month certificates of deposit (CDs) provide depositors with a short term vehicle for keeping money safe and earning interest. With a six month CD, depositors agree to leave their money in the account for six months in return for a fixed rate of interest over this period. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

In general, almost all brick-and-mortar banks provide CDs to their consumers. Opening one involves taking a trip to the branch although some banks allow CDs to be opened via the phone or online. In general, local banks discourage depositors from out-of-state to open accounts, although this is not a hard rule and if you see an attractive rate from a bank in another state, it is worth investigating the account opening policy. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

The advantages of six month CDs opened via a traditional bank are:

  • Funds deposited in FDIC banks and within insurance limits are protected by the full faith and credit of the United States government.
  • CDs provide a predictable, set rate of return.
  • Depositors can walk into a local branch and open the CD and fund it that day. Question and inquiries can also be handles in-person.

The disadvantages of six month CDs are:

  • Six month CDs currently pay interest rates significantly below many online and branch-based savings and money market accounts.
  • The deposited money is committed for six months.
  • Six month CDs from traditional banks often pay less interest than from online banks.

When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the BestCashCow rate analysis page.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

SAVINGS & CD CALCULATOR

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