1.95% APY CD Rates for CD and IRA Special with 24-month term at Premier Bank
Premier Bank headquartered in Chicago is offering their top CD rates for their certificate of deposit and IRA specials. The current interest rates are as follows:
12 months 1.65% APY
18 months 1.75% APY
24 months 1.95% APY
You can enjoy the best interest rates when you open an account with an initial funding of $5,000. If you will check the rate page of the bank on their website, you can click the piggy image on the right side of the front page.
Account holders must maintain the required daily balance to earn the top cd interest rates. The website does not detail the fees which may affect your earning so it will be wise to ask the bank prior to signing up.
Earnings of the account or compounded on a monthly basis. The interest rates that we have here may be changed any time. You can contact the bank for the latest figures through 847-920-1400 (Wilmette) or 312-432-1400(Chicago). There is also an online inquiry form on the bank’s website.
If you will look at the history of Premier Bank’s interest rates, a year ago they were offering a CD special with the highest interest rates of 4.40% APY. Notice how the interest rates dropped in 2008. The website does not indicate up to when the current money in the bank deal will end, hopefully not soon.
Interested consumers can acquire these certificates of deposit by visiting a branch. Premier bank has offices in Wilmette and Chicago, Illinois.
The bank gets some fair financial ratings. Bankrate.com and BauerFinancial both issued 3 stars for safety, soundness, and performance based on their June 2009 data.
Premier Bank is a member of the FDIC with certificate number 35419.
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