Central Federal Savings and Loan Association Logo

Star ATM Locator 
  Cicero

   5953 W. Cermak Road
   Cicero, IL 60804 • 708.656.5000

   Berwyn

   6940 W. Ogden Avenue
   Berwyn, IL 60402 • 708.222.2300

   La Grange Park
   1921 E. 31st Street
   La Grange Park, IL 60526 • 708.469.3250

Savings Plans- Insured Safety
     


- Regular Passbook Savings

- Statement Savings Account

- 31 Day and 91 Day CD's

- 182 Day CD's

- Regular 1, 1 1/2, 2, 2 1/2, 3, 4 & 5 Year CD's

- Monthly Income Certificates of Deposit

- IRA - Retirement Savings Plan

- Rates

Regular Passbook Savings
  • $100 minimum opening deposit
  • Unlimited deposits and withdrawals
  • Tiered interest rates - the higher your balance, the greater your rate
 
Statement Savings Account
  • $100 minimum opening deposit
  • Monthly statements
  • Tiered interest rates - the higher your balance, the greater your rate
Certificates of Deposit
 

Earn a higher rate of interest by investing in a certificate of deposit.

31 Day and 91 Day CD's

  • $2,500 minimum opening deposit
  • Interest compounded daily and credited monthly
  • Early withdrawal of principal before maturity may result in a
    withdrawal penalty
  • Interest earned can be withdrawn without penalty upon it being credited to your CD, but your APY will be reduced.
  • Additional deposits not permitted
  • Automatic renewal feature
 
182 Day CD's
  • $2,500 minimum opening deposit
  • Interest compounded daily and credited monthly
  • Early withdrawal of principal before maturity may result in a
    withdrawal penalty
  • Interest earned can be withdrawn without penalty upon it being credited to your CD, but your APY will be reduced.
  • Additional deposits not permitted
  • Automatic renewal feature
 
Regular 1, 1 1/2, 2, 2 1/2, 3, 4 & 5 Year CD's
  • $500 minimum opening deposit, $2,500 minimum on 1 Year CD
  • Interest compounded daily and credited monthly
  • Early withdrawal of principal before maturity may result in a
    withdrawal penalty
  • Interest earned can be withdrawn without penalty upon it being credited to your CD, but your APY will be reduced.
  • Additional deposits not permitted
  • Automatic renewal feature
 

Monthly Income Certificates of Deposit
(1, 1 1/2, 2, 2 1/2, 3, 4 and 5 Year Maturities)

You can have a check sent to you or we'll transfer your monthly earned interest into another account.

  • $10,000 minimum opening deposit
  • Interest compounded daily and distributed monthly
  • Early withdrawal of principal before maturity may
    result in a withdrawal penalty
  • Interest earned can be withdrawn without penalty upon
    it being credited to your CD, but your APY will be reduced.
  • Additional deposits not permitted
  • Automatic renewal feature
 
IRA - Retirement Savings Plan
  • $100 minimum opening deposit
  • Transfer IRA Deposits Accepted (from other institutions)
  • Rollover IRA Deposits Accepted (from employers)
  • Deposits FDIC Insured Up To $250,000
  • See a New Accounts Counselor for details

 
 
Equal Housing Lender Federal Home Loan Bank System Deposits Federally Insured to $250,000 Home | About Us | Checking | Savings/CD/IRA | Loans | Rates | Special Promotions | Services
Privacy/Security | Location & Hours
| Contact Us | Internet Banking & Online Bill Pay
Copyright© 2015 Central Federal Savings and Loan Association. All Rights Reserved.  Questions or Comments, Please   Contact Us.