Illinois

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Freeport, Illinois CD Rates – 18-Month

You are viewing rates from banks across Freeport

 

Below are eighteen-month Certificates of Deposit (CD) rates from banks in Freeport, Illinois . Eighteen Month CDs offer a bit more yield than 1 year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

Freeport, IL - July 4, 2025

18 Month CD National Average : 0.58% ?

Banks APY MIN MILES ?

0.70%

$100,000

24.52

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0.65%

$10,000

13.77

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| Oct 13, 2022

Upon entering the Savanna Location, I 1st waited and waited and then was told it was gonna be a few minutes; Therefore when one's app once I got to deposit money they tried to tell me it was too late. To... Read More

0.60%

$1,000

17.37

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0.55%

$10,000

23.21

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0.55%

$10,000

24.52

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0.50%

$10,000

13.98

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| Nov 3, 2021

If anyone is considering using Midland States Bank for estate or trust planning and administration, I’d urge you to be careful and do your due diligence. I’ll first say that I am a CPA with experience ... Read More

0.40%

$1,000

11.47

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0.40%

$10,000

1.44

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0.35%

$1,000

1.64

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0.25%

$10,000

11.54

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0.20%

$100,000

10.20

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0.10%

$10,000

10.20

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| Jun 12, 2023

US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More

| Nov 12, 2018

Helpful w/$ Read More

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around Freeport, IL - July 4, 2025


Branch Street City State
Milledgeville State Bank
Milledgeville State Bank Branch
451 North Main Street Milledgeville IL
State Bank of Davis
State Bank Of Davis Branch
100 Route 75 Davis IL
Fidelity Bank
Mt Carroll Branch
703 South East Street Mount Carroll IL
Exchange State Bank
Exchange State Bank Branch
126 North Broad Street Lanark IL
The State Bank of Pearl City
Mount Carroll Branch
408 South Clay Street Mount Carroll IL
Milledgeville State Bank
Milledgeville State Bank Branch
451 North Main Street Milledgeville IL
First State Bank Shannon-Polo
Lake Carroll Branch
24494 Payne Road Shannon IL
Midland States Bank
Freeport Branch
1753 South West Avenue Freeport IL
Citizens State Bank
Citizens State Bank Branch
102 West Main Street Lena IL
Union Savings Bank
715 W South St Branch
715 West South Street Freeport IL
State Bank
State Bank Branch
1718 South Dirck Drive Freeport IL
Lena State Bank
Lena State Bank Branch
915 South Logan Street Lena IL
Foresight Bank
German-American State Bank Branch
100 Church Street German Valley IL
Foresight Bank
German-American State Bank Branch
100 Church Street German Valley IL
U.S. Bank National Association
Galena Avenue Branch
1550 West Galena Avenue Freeport IL
Fifth Third Bank, National Association
Freeport West Avenue Qs Branch
1534 South West Ave Freeport IL


BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

18 Month CDs - Branch Banks 2025

Banks offer a range of Certificates of Deposit (CD) with 18 month CDs being a popular term. An eighteen month CD obligates the holder to keep their money in the bank for eighteen months in return for a fixed rate of interest during that time period. All eighteen month bank CDs shown on BestCashCow are FDIC insured.

Eighteen month CDs can be opened in almost any bank branch as the are a mainstay of bank deposit products.

The advantages of an eighteen month CD are:

  • A slightly higher rate than 12 month CDs in return for leaving the money in the bank longer.
  • A fixed rate during the 18 month period.
  • FDIC insurance.
  • Convenience of opening and managing the CD at a local branch.

The disadvantages of an eighteen month branch CDs are:

  • Rates are generally lower than on the top online savings and CD accounts.
  • Money is tied up for 18 months. Removing it early results in significant penalties.
  • Opening in a branch requires a personal visit.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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