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CentralFederal Savings and Loan Association

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CURRENT RATES

Central Federal Savings is committed to providing some of the best Savings and Certificates of Deposit rates in the area. 


Rates are effective as of May 20, 2019

Rates may change without notice.

Type of AccountMinimum Deposit
to Open Account
Minimum Balance
to Earn APY
Interest RateAnnual Percentage Yield

59 Month CDMinimun Deposit
to Open Account:
$2,500
Minimum Balance to Earn APY: $2,5002.42%2.45%
37 Month CD $2,500$2,5002.38%2.40%
25 Month CDMinimun Deposit
to Open Account:
$2,500
Minimum Balance to Earn APY: $2,500Interest Rate:2.32%Annual Percentage Yield: 2.35%
19 Month CDMinimun Deposit
to Open Account:
$2,500
Minimum Balance to Earn APY: $2,5002.28%Annual Percentage Yield: 2.30%
13 Month CDMinimun Deposit
to Open Account:
$2,500
Minimum Balance to Earn APY: $2,500Interest Rate:2.13%2.15%
7 Month CD$2,500$2,5001.08%1.10%

***SEE A PERSONAL BANKER FOR RELATIONSHIP PRICING***

IRA SPECIAL

12 Month CD Special
- IRA
$2,500$2,5002.32%2.35%
12 Month CD Special
- IRA Rollover
$50,000$50,0002.48%2.50%
Type of AccountMinimum Deposit
to Open Account
Minimum Balance
to Earn APY
Interest RateAnnual Percentage Yield
Type of Account: 5 Year CDMinimun Deposit
to Open Account:
$500
Minimum Balance to Earn APY: $500Interest Rate:0.60%Annual Percentage Yield: 0.60%
Type of Account: 4 Year CDMinimun Deposit
to Open Account:
$500
Minimum Balance to Earn APY: $500Interest Rate:0.50%Annual Percentage Yield: 0.50%
Type of Account: 3 Year CDMinimun Deposit
to Open Account:
$500
Minimum Balance to Earn APY: $500Interest Rate:0.40%Annual Percentage Yield: 0.40%
Type of Account: 30 Month CDMinimun Deposit
to Open Account:
$500
Minimum Balance to Earn APY: $500Interest Rate:0.30%Annual Percentage Yield: 0.30%
Type of Account: 24 Month CDMinimun Deposit
to Open Account:
$500
Minimum Balance to Earn APY: $500Interest Rate:0.20%Annual Percentage Yield: 0.20%
Type of Account: 18 Month CDMinimun Deposit
to Open Account:
$500
Minimum Balance to Earn APY: $500Interest Rate:0.15%Annual Percentage Yield: 0.15%
Type of Account: 12 Month CDMinimun Deposit
to Open Account:
$2,500
Minimum Balance to Earn APY: $2,500Interest Rate:0.10%Annual Percentage Yield: 0.10%
Type of Account: 182 Day CDMinimun Deposit
to Open Account:
$2,500
Minimum Balance to Earn APY: $2,500Interest Rate:0.05%Annual Percentage Yield: 0.05%
91 Day CD$2,500$2,5000.04%0.04%
31 Day CD$2,500$2,5000.03%0.03%


*Daily balance is the amount of principal in the account each day. Withdrawals may reduce APY on accounts.  Penalties for early withdrawals may be imposed. Rates subject to change.

Type of AccountMinimum Deposit
to Open Account
Minimum Balance
to Earn APY
Interest RateAnnual Percentage Yield
5 Year CD$10,000$10,0000.59%0.59%
4 Year CD$10,000
$10,0000.49%0.49%
3 Year CD$10,000$10,0000.39%0.39%
30 Month CD$10,000$10,0000.29%0.29%
24 Month CD$10,000$10,0000.19%0.19%
18 Month CD$10,000$10,0000.14%0.14%
12 Month CD$10,000$10,0000.09%0.09%
Type of AccountMinimum Deposit
to Open Account
Minimum Balance
to Earn APY
Interest RateAnnual Percentage Yield
Passbook Savings$100$20,000 or More0.10%0.10%


$1,000 or More0.05%0.05%


Under $1,0000.03%0.03%
Statement SavingsSame as Passbook Savings Account
Christmas Club / Kid Saver$10$0Same as Passbook Savings Account

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