How to Find the Best 12-Month CD Rates in Deerfield, IL: March 2011

When it comes to choosing the best CD account in Deerfield, IL, there are several factors to consider like term length, minimum deposit and most importantly, the interest rate. If you’ve decided on a 12-month CD, it’s important you figure out what the appropriate interest rate for that term length should be in your location.

Of course, you may not have the time and energy to look up all of the rates offered by the banks and credit unions in Deerfield. That’s why you can come to Deerfield Banking Rates where that data has already been compiled and presented for you. So with all of the rates information already at your fingertips, the next step is to determine which rates are really good offers.

Average 1 Year CD Rates in Deerfield, IL

Deerfield Banking Rates pulls rates data from financial institutions within a 50-mile radius of Deerfield. That means you currently have a total of 177 CD accounts with a term length of 12 months (one year) to choose from.

Right now, the highest 12-month CD rate we have on record is 2.35% APY, while the lowest is 0% APY. The average of these rates and all others available in and around Deerfield is 1.14% APY.

So what can you do with this information? As a general rule, you can compare a CD rate offer against the Deerfield average to gauge how competitive it is. Rates that are around the same as the average or higher are considered good for your area.

You can also view rates for other term lengths, from six months to 2 years, by visiting the Deerfield CD Rates page.

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Best Deerfield Banking Rates

Featured Rate
CIT Bank	1.10% Date: May 14, 2012 View Rate Details
Ally Bank	1.09% Date: May 15, 2012 View Rate Details
Highest Rates Recent Rate Changes
First Eagle Federal Credit Union 2 Year CD Account	1.26% Date: Apr 26, 2012 View Rate Details
Mutual Federal Savings and Loan Association of Chicago 2 Year CD Account	1.10% Date: May 11, 2012 View Rate Details
United Central Bank 2 Year CD Account	1.10% Date: Apr 24, 2012 View Rate Details
The National Republic Bank of Chicago 2 Year CD Account	1.06% Date: May 11, 2012 View Rate Details
Loyola University Employees Credit Union 12 Month CD Account	1.05% Date: Apr 27, 2012 View Rate Details
Horizon Credit Union - Racine, Wisconsin 2 Year CD Account	1.00% Date: May 17, 2012 View Rate Details
Northstar Credit Union 6 Month CD Account	0.35% to 0.30% Date: May 11, 2012
Baytree National Bank 12 Month CD Account	0.35% to 0.60% Date: May 7, 2012
Fox River State Bank 6 Month CD Account	0.40% to 0.25% Date: May 4, 2012
Marquette Bank Savings Account	0.15% to 0.10% Date: May 4, 2012
Chiphone Credit Union 12 Month CD Account	0.15% to 0.10% Date: May 4, 2012
Crystal Lake Bank 2 Year CD Account	0.65% to 0.60% Date: May 3, 2012

See All Banking Rates

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