Illinois

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Shorewood, Illinois CD Rates – 3-Month

You are viewing rates from banks across Shorewood





Below are the best three-month CD Rates from banks in Shorewood, Illinois . Three-month CD rates are generally the shortest term offered by banks and come with the lowest interest rates. You may want to consider opening a 3-month CD if they the rates are comparable to a savings and money market account, you don’t need the money for the time period, and you feel that savings rates will drop.

Shorewood, IL - July 16, 2025

CD National Average : 2.21% ?

Banks APY MIN MILES ?

Rate History: 1.00% → 4.90% → 4.80% → 4.70% → 4.65%

Rate History: 5.22% → 4.95% → 4.75% → 4.59% → 4.33%

Rate History: 4.35% → 5.05% → 4.95% → 4.80% → 4.25%

| Feb 9, 2021

The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed. Read More

Rate History: 1.00% → 4.06% → 3.80% → 3.55%

Rate History: 4.00% → 3.90% → 3.65% → 3.50% → 3.35%

| Aug 21, 2019

this bank does not honor rates they publish.. stay away Read More

Rate History: 3.00% → 2.75% → 2.50%

| Nov 17, 2020

Is notarie services available today at a woodforest on wilkinson blvd Read More

Rate History: 2.00% → 4.25% → 4.00% → 3.50% → 2.25%

| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

Rate History: 1.00% → 2.10%

Rate History: 1.00% → 3.03% → 2.02%

Rate History: 4.84% → 2,500.00% → 4.68% → 4.27% → 2.02%

Rate History: 2.50% → 4.50% → 2.50% → 2.00% → 2.01%

| Feb 6, 2023

after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More

Rate History: 1.50% → 1.25%

| May 8, 2021

Location: 5069 N. Broadway Chicago IL 60640 Read More

Rate History: 1.00% → 0.30%

Rate History: 1.00% → 0.25%

Rate History: 1.00% → 1.76% → 0.05%

Rate History: 1.00% → 0.05%

| Feb 25, 2022

I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More

| 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

| May 18, 2019

Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... 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 zip 10007


Branch Street City State
Dieterich Bank
Dieterich Bank, N.A. Branch
101 South Main Street Dieterich IL
Regions Bank
Decatur Main Branch
350 North Water St Decatur IL
State Bank of India
State Bank Of India Branch
19 South Lasalle Street, 2nd Floor Chicago IL
Beal Bank USA
Chicago Branch
3232 Lake Avenue, Suite 200 Wilmette IL
The Clay City Banking Co.
The Clay City Banking Co. Branch
331 South Main Street Clay City IL
Lakeside Bank
Lakeside Bank Branch
55 West Wacker Drive Chicago IL
State Street Bank and Trust Company
State Street Bank And Trust Company Branch
801 State Street Quincy IL
Woodforest National Bank
0139 Rockford Walmart Branch
3849 North Ridge Drive Rockford IL
JPMorgan Chase Bank, National Association
Michigan Avenue Branch
605 North Michigan Avenue Chicago IL
Morton Community Bank
Arthur Branch
411 South Vine Street Arthur IL
Morton Community Bank
Arthur Branch
411 South Vine Street Arthur IL
Better Banks
Better Banks Branch
10225 North Knoxville Avenue Peoria IL
Washington Savings Bank
Mattoon Branch
1111 Charleston Avenue Mattoon IL
Wells Fargo Bank, National Association
Galesburg Branch
50 East Main Street Galesburg IL
International Bank of Chicago
International Bank Of Chicago Branch
5069 North Broadway Chicago IL
First Mid Bank & Trust, National Association
First Mid-Illinois Bank & Trust, National Association Branch
1515 Charleston Avenue Mattoon IL
North County Savings Bank
North County Savings Bank Branch
411 West Market Street Red Bud IL
First Robinson Savings Bank, National Association
First Robinson Savings Bank, National Association Branch
501 East Main Street Robinson IL
First Bank
Breese Branch
550 North Second Street Breese IL
Citibank, National Association
Brookfield Branch
9009 Ogden Avenue Brookfield IL
U.S. Bank National Association
Skokie- Dempster Branch
3300 West Dempster Street Skokie IL
PNC Bank, National Association
Dekalb Branch
145 North Fourth Street De Kalb IL


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PRODUCT INFORMATION

3 Month Branch Certificates of Deposit 2025

3 Month Certificates of Deposit offered by local banks are often the shortest term offered. Three month certificates of deposit rates underperform the returns on savings and money market accounts and have for some time. As a result, savers may find savings and money market accounts to offer a higher yield and more flexibility than a three year CD.

Any certificate of deposit will bear substantial penalties for early withdrawal, if it is even allowed. As a result of the penalty, depositors who might need to withdraw from short term CDs early will ordinary lose some of their principal. Under no circumstances should depositors open a 3 month CD if they think that there is any chance that they will need to access the money in less than 3 months.

While online banks often offer better rates on short term CDs, local banks are provide the convenience of walking into a branch to open a CD, deposit funds, or withdraw the CD when it matures. In addition, a CD is often an entree into a broader relationship with a financial institution which may become important if the depositor wishes to borrow money.

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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