Bank Financial is offering a Spectrum Express CD that’s yielding a 3% APY for 9 months with a minimum deposit of $10,000 and a maximum of $250,000 which is also the maximum that is FDIC insured. You need new money to open this account if you’re already a BankFinancial customer.
Bank Financial is also offering a Spectrum Express Money Market Account with a 2.25% APY on balances over $10,000.
These rates are only available at the bank’s express branches which are located in Chicago suburbs of Skokie, Addison and New Lenox. The express branches are 100% automated so you need to open your account with a virtual agent using a touch screen.
Bank Financial has a 4 out of 5 star rating from bankrate and is FDIC insured.
Category: CD Rates