Rates are effective as of November 5, 2024
Rates may change without notice.
Type of Account | Minimum Deposit to Open Account | Minimum Balance to Earn APY | Interest Rate | Annual Percentage Yield | |
---|---|---|---|---|---|
59 Month CD | Minimun Deposit to Open Account:$2,500 | Minimum Balance to Earn APY: $2,500 | 3.10% | 3.15% | |
47 Month CD | $2,500 | $2,500 | 3.10% | 3.15% | |
37 Month CD | $2,500 | $2,500 | 3.10% | 3.15% | |
25 Month CD | Minimun Deposit to Open Account:$2,500 | Minimum Balance to Earn APY: $2,500 | 3.10% | 3.15% | |
19 Month CD | Minimun Deposit to Open Account:$2,500 | Minimum Balance to Earn APY: $2,500 | 3.10% | 3.15% | |
13 Month CD | Minimun Deposit to Open Account:$2,500 | Minimum Balance to Earn APY: $2,500 | 3.68% | 3.75% | |
7 Month CD | $2,500 | $2,500 | 4.07% | 4.15% | |
8 Month CD * (New Money Special) | $2,500 | $2,500 | 4.40% | 4.50% | |
* Funds to open account must be new money, defined as money not currently held at Central Federal. Funds cannot be transferred from or a check drawn from a Central Federal account to fund the account. The stated APYs and interest rates are subject to change at any time. Fees may reduce the earnings on the account. A penalty may be imposed for early withdrawal from a certificate of deposit or individual retirement account. | |||||
***SEE A PERSONAL BANKER FOR RELATIONSHIP PRICING*** | |||||
IRA SPECIAL | |||||
12 Month CD Special - IRA | $2,500 | $2,500 | 3.68% | 3.75% | |
12 Month CD Special - IRA Rollover | $50,000 | $50,000 | 4.07% | 4.15% |
Type of Account | Minimum Deposit to Open Account | Minimum Balance to Earn APY | Interest Rate | Annual Percentage Yield |
---|---|---|---|---|
Type of Account: 5 Year CD | Minimun Deposit to Open Account:$500 | Minimum Balance to Earn APY: $500 | Interest Rate:0.15% | Annual Percentage Yield: 0.15% |
Type of Account: 4 Year CD | Minimun Deposit to Open Account:$500 | Minimum Balance to Earn APY: $500 | Interest Rate:0.15% | Annual Percentage Yield: 0.15% |
Type of Account: 3 Year CD | Minimun Deposit to Open Account:$500 | Minimum Balance to Earn APY: $500 | Interest Rate:0.15% | Annual Percentage Yield: 0.15% |
Type of Account: 30 Month CD | Minimun Deposit to Open Account:$500 | Minimum Balance to Earn APY: $500 | Interest Rate:0.15% | Annual Percentage Yield: 0.15% |
Type of Account: 24 Month CD | Minimun Deposit to Open Account:$500 | Minimum Balance to Earn APY: $500 | Interest Rate:0.15% | Annual Percentage Yield: 0.15% |
Type of Account: 18 Month CD | Minimun Deposit to Open Account:$500 | Minimum Balance to Earn APY: $500 | Interest Rate:0.10% | Annual Percentage Yield: 0.10% |
Type of Account: 12 Month CD | Minimun Deposit to Open Account:$2,500 | Minimum Balance to Earn APY: $2,500 | Interest Rate:0.05% | Annual Percentage Yield: 0.05% |
Type of Account: 182 Day CD | Minimun Deposit to Open Account:$2,500 | Minimum Balance to Earn APY: $2,500 | Interest Rate:0.04% | Annual Percentage Yield: 0.04% |
91 Day CD | $2,500 | $2,500 | 0.03% | 0.03% |
31 Day CD | $2,500 | $2,500 | 0.02% | 0.02% |
*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 Account | Minimum Deposit to Open Account | Minimum Balance to Earn APY | Interest Rate | Annual Percentage Yield |
---|---|---|---|---|
5 Year CD | $10,000 | $10,000 | 0.14% | 0.14% |
4 Year CD | $10,000 | $10,000 | 0.14% | 0.14% |
3 Year CD | $10,000 | $10,000 | 0.14% | 0.14% |
30 Month CD | $10,000 | $10,000 | 0.14% | 0.14% |
24 Month CD | $10,000 | $10,000 | 0.14% | 0.14% |
18 Month CD | $10,000 | $10,000 | 0.09% | 0.09% |
12 Month CD | $10,000 | $10,000 | 0.04% | 0.04% |
Type of Account | Minimum Deposit to Open Account | Minimum Balance to Earn APY | Interest Rate | Annual Percentage Yield |
---|---|---|---|---|
Passbook Savings | $100 | $20,000 or More | 0.05% | 0.05% |
$1,000 or More | 0.03% | 0.03% | ||
Under $1,000 | 0.01% | 0.01% | ||
Statement Savings | Same as Passbook Savings Account | |||
Christmas Club / Kid Saver | $10 | $0 | Same as Passbook Savings Account |
5953 W. Cermak Road
Cicero, IL 60804
708-656-5000
6940 W. Ogden Avenue
Berwyn, IL 60402
708-222-2300
1921 E. 31st Street
La Grange Park, IL 60526
708-469-3250