Illinois

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Berwyn, Illinois Savings Rates

You are viewing savings rates from banks in Berwyn, Illinois

 

If you have your savings dollars in a big bank or a bank with low savings rates, then you are losing money. We've found FDIC insured banks that will pay you more. Take a few minutes to explore the options below and see how you can boost your savings by more than 6X the national average rate. There is competition for your money. Take advantage of it!

Berwyn, IL - June 15, 2025

Savings Account National Average Rate: 0.45% ?

Banks APY MIN

Rate History: 5.21% → 5.01%

Promotional rate for 3 months up to $11,000. Requires $25,000 in new deposits within 10 days of registration. After 3 month promotional period, rate reverts to between 0.03% and 0.12%.
Rate History: 5.00% → 4.75% → 5.00% → 4.50% → 4.35%

| 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

Rate History: 5.25% → 4.75% → 4.50% → 4.25%

Rate History: 4.80% → 4.50% → 4.30% → 4.05% → 4.00%

| Nov 17, 2021

Does Busey Bank cash Series EE Savings Bonds? Read More

Rate History: 4.85% → 4.00%

Rate History: 4.70% → 4.18% → 3.92%

| Mar 18, 2021

I called Huntington yesterday and the branch manager told me that the rate listed on Best Cash Cow doesn't exist......... Read More

Rate History: 4.65% → 4.60% → 4.34% → 4.15% → 3.90%

| May 8, 2021

Location: 5069 N. Broadway Chicago IL 60640 Read More

Rate History: 4.25% → 3.75%

| 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: 4.00% → 3.50%

| 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: 4.10% → 3.50%

| 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

| Dec 3, 2019

Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More

Rate History: 2.00% → 3.56% → 3.30% → 3.09% → 2.94%

| Jan 29, 2024

Tried to enter information on line to open a 5 year CD, multiple time and wasn't accepted. Talked to a live person who was of no help at all. My credit score is over 800 and I have plenty of money in oth... Read More

| Jan 2, 2024

Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More

Rate History: 1.01% → 1.02% → 1.01%

| 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: 1.25% → 1.00%

| May 8, 2021

Location: 5069 N. Broadway Chicago IL 60640 Read More

Rate History: 0.03% → 0.50%

0.50%

$2,500

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0.40%

$25,000

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0.35%

$200

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0.30%

$25,000

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0.30%

$25,000

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0.30%

$2,500

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0.28%

$2,500

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0.26%

$25,000

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| May 10, 2022

Centrust Bank is excellent to do business with. Friendly and experienced bankers. Read More

0.25%

$25,000

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Rate History: 4.25% → 4.16% → 4.25% → 3.75% → 0.25%

| 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

| Dec 26, 2017

Good people to deal with. Competitive rates better than CEFCU. Easy in/out processing of CD's & MM. Read More

0.20%

$2,500

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| May 10, 2022

Centrust Bank is excellent to do business with. Friendly and experienced bankers. Read More

0.20%

$250

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0.20%

$2,500

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0.20%

$25,000

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0.20%

$2,500

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0.20%

$1

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Rate History: 0.25% → 0.20%

0.20%

$10,000

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0.20%

$25,000

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0.20%

$10,000

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0.20%

$0

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0.15%

$2,500

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| May 10, 2022

Centrust Bank is excellent to do business with. Friendly and experienced bankers. Read More

0.15%

$10,000

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0.15%

$25,000

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0.15%

$2,500

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0.15%

$2,500

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0.15%

$100

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0.15%

$25,000

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| Jul 9, 2021

ABSOLUTELY RIDICULOUS how this place is still around in Wheeling. Taking any more than 3 days on a loan check is UNEXCUSEABLE. Having an 800 plus credit rating. A SENIOR. Wanting to move out ofa big hou... Read More

0.15%

$100

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0.15%

$2,500

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0.15%

$10,000

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0.15%

$2,500

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0.15%

$10,000

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0.15%

$25,000

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0.15%

$10,000

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0.15%

$2,500

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| Dec 26, 2017

Good people to deal with. Competitive rates better than CEFCU. Easy in/out processing of CD's & MM. Read More

0.10%

$1

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0.10%

$1

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0.10%

$2,500

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0.10%

$10,000

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0.10%

$25,000

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| Jun 20, 2019

12 month rate not 2.5. Changed to 1.5%. Read More

0.10%

$2,500

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| Jul 9, 2021

ABSOLUTELY RIDICULOUS how this place is still around in Wheeling. Taking any more than 3 days on a loan check is UNEXCUSEABLE. Having an 800 plus credit rating. A SENIOR. Wanting to move out ofa big hou... Read More

0.10%

$2,500

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0.10%

$25,000

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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| Dec 26, 2017

Good people to deal with. Competitive rates better than CEFCU. Easy in/out processing of CD's & MM. Read More

0.08%

$15,000

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0.07%

$25,000

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0.07%

$25,000

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0.07%

$25,000

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| Mar 18, 2021

I called Huntington yesterday and the branch manager told me that the rate listed on Best Cash Cow doesn't exist......... Read More

0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

Learn More

0.05%

$2,500

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0.05%

$2,500

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0.05%

$1,000

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0.05%

$2,500

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| Sep 6, 2022

DO NOT TRUST THIS BANK. I caught them Ted handed trying to hold my funds through various methods even going so far as to not allow me to transfer my funds to another bank. I've been banking with them for... Read More

0.05%

$1,000

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0.05%

$100

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| Jun 20, 2019

12 month rate not 2.5. Changed to 1.5%. Read More

0.05%

$1,500

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0.05%

$2,500

Learn More

0.05%

$2,500

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0.05%

$2,500

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| Aug 21, 2019

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

0.05%

$2,500

Learn More

| Jul 9, 2021

ABSOLUTELY RIDICULOUS how this place is still around in Wheeling. Taking any more than 3 days on a loan check is UNEXCUSEABLE. Having an 800 plus credit rating. A SENIOR. Wanting to move out ofa big hou... Read More

0.05%

$2,500

Learn More

0.05%

$2,500

Learn More

| Aug 22, 2017

$100K min on new CD's. They will not bend. So had to take $170K to another bank, now @ 2.5%. Read More

| Jun 26, 2019

On a scale of 1 to 10 GN bank rates a negative 1. While they gladly accept your deposits, they are far from forhright with your withdrawals. Especially if you are withdrawing large sums of money or closing... Read More

0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$10,000

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| Dec 26, 2017

Good people to deal with. Competitive rates better than CEFCU. Easy in/out processing of CD's & MM. Read More

0.04%

$2,500

Learn More

| Jul 24, 2023

BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More

| Sep 6, 2022

DO NOT TRUST THIS BANK. I caught them Ted handed trying to hold my funds through various methods even going so far as to not allow me to transfer my funds to another bank. I've been banking with them for... Read More

0.03%

$25,000

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0.03%

$10,000

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| Oct 13, 2021

Good for savers. Easy to transfer funds in and out, not paying high transaction processing $ or being limited to low amounts per day. Does not subject applicants to very much ID interrogation and apparent... Read More

0.03%

$10,000

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0.03%

$10,000

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| Feb 21, 2019

Please read this for all small business owners. Do NOT use wintrust for any small business loans. They drained me for over 2 months, and I constantly had to contact them to see what is up. We were told ... Read More

0.03%

$10,000

Learn More

| Jun 26, 2019

On a scale of 1 to 10 GN bank rates a negative 1. While they gladly accept your deposits, they are far from forhright with your withdrawals. Especially if you are withdrawing large sums of money or closing... Read More

0.03%

$2,500

Learn More

0.03%

$2,500

Learn More

0.02%

$10,000

Learn More

0.02%

$2,500

Learn More

0.02%

$2,500

Learn More

0.02%

$2,500

Learn More

0.02%

$2,500

Learn More

Rate History: 1.00% → 0.05% → 0.02%

| 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

0.02%

$2,500

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0.02%

$25,000

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| Feb 21, 2019

Please read this for all small business owners. Do NOT use wintrust for any small business loans. They drained me for over 2 months, and I constantly had to contact them to see what is up. We were told ... Read More

0.02%

$2,500

Learn More

| Jan 2, 2023

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

0.02%

$2,500

Learn More

Rate History: 0.03% → 0.01%

| 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

| Nov 12, 2018

Helpful w/$ Read More

| Jan 29, 2024

Tried to enter information on line to open a 5 year CD, multiple time and wasn't accepted. Talked to a live person who was of no help at all. My credit score is over 800 and I have plenty of money in oth... Read More

0.01%

$2,500

Learn More

0.01%

$2,500

Learn More

| Sep 6, 2022

DO NOT TRUST THIS BANK. I caught them Ted handed trying to hold my funds through various methods even going so far as to not allow me to transfer my funds to another bank. I've been banking with them for... Read More

0.01%

$2,500

Learn More

0.01%

$2,500

Learn More

| Aug 22, 2017

$100K min on new CD's. They will not bend. So had to take $170K to another bank, now @ 2.5%. Read More

| Jun 26, 2019

On a scale of 1 to 10 GN bank rates a negative 1. While they gladly accept your deposits, they are far from forhright with your withdrawals. Especially if you are withdrawing large sums of money or closing... Read More

All rates listed are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point. The Min listed is the minimum deposit account balance required to obtain the rate listed.


Branches Info around Berwyn, IL - June 15, 2025


Branch Street City State
Republic Bank of Chicago
Addison Branch
1640 W Lake St Addison IL
Citibank, National Association
Streamwood Branch
800 S. Barrington Road Streamwood IL
Evergreen Bank Group
Evergreen Bank Group Branch
1515 West 22nd Street, Suite 100w Oak Brook IL
Busey Bank
Gartner Road Naperville Branch
24 West Gartner Street, Suite 104 Naperville IL
Byline Bank
Schaumburg Office Branch
10 N Martingal Rd Suite 100 Schaumburg IL
The Huntington National Bank
Naperville Branch
1730 Park St Suite 106 Naperville IL
International Bank of Chicago
Stone Park Branch
1860 North Mannheim Road Stone Park IL
Beal Bank USA
Chicago Branch
3232 Lake Avenue, Suite 200 Wilmette IL
International Bank of Chicago
Stone Park Branch
1860 North Mannheim Road Stone Park IL
Beal Bank USA
Chicago Branch
3232 Lake Avenue, Suite 200 Wilmette IL
U.S. Bank National Association
Naperville / Diehl Rd. Branch
270 Diehl Rd. Naperville IL
Busey Bank
Gartner Road Naperville Branch
24 West Gartner Street, Suite 104 Naperville IL
Bank of Hope
Naperville Branch
1504 North Naper Boulevard, Ste. 136 Naperville IL
BMO Bank National Association
Community Service Facility Branch
320 West Diehl Road Naperville IL
The Federal Savings Bank
The Federal Savings Bank Branch
300 North Elizabeth Street, Floor 3e Chicago IL
International Bank of Chicago
Stone Park Branch
1860 North Mannheim Road Stone Park IL
Heartland Bank and Trust Company
Schaumburg Branch
321 West Golf Road Schaumburg IL
BMO Bank National Association
Community Service Facility Branch
320 West Diehl Road Naperville IL
Heartland Bank and Trust Company
Schaumburg Branch
321 West Golf Road Schaumburg IL
State Bank of India
State Bank Of India Branch
19 South Lasalle Street, 2nd Floor Chicago IL
BMO Bank National Association
Community Service Facility Branch
320 West Diehl Road Naperville IL
Wells Fargo Bank, National Association
Schaumburg Branch
210 South Roselle Road Schaumburg IL
International Bank of Chicago
Stone Park Branch
1860 North Mannheim Road Stone Park IL
BMO Bank National Association
Community Service Facility Branch
320 West Diehl Road Naperville IL
Heartland Bank and Trust Company
Schaumburg Branch
321 West Golf Road Schaumburg IL
Evergreen Bank Group
Evergreen Bank Group Branch
1515 West 22nd Street, Suite 100w Oak Brook IL
Millennium Bank
Millennium Bank Branch
2077 Miner Street Des Plaines IL
Evergreen Bank Group
Evergreen Bank Group Branch
1515 West 22nd Street, Suite 100w Oak Brook IL
American Metro Bank
American Metro Bank Branch
4878 North Broadway Chicago IL
CNB Bank and Trust, N.A.
Palos Heights Branch
12727 South Ridgeland Avenue Palos Heights IL
United Fidelity Bank, fsb
United Fidelity Bank, Fsb Branch
1800 West 87th Street Chicago IL
Evergreen Bank Group
Evergreen Bank Group Branch
1515 West 22nd Street, Suite 100w Oak Brook IL
Town Center Bank
New Lenox Branch
1938 East Lincoln Highway, Suite 101 New Lenox IL
American Metro Bank
American Metro Bank Branch
4878 North Broadway Chicago IL
United Trust Bank
United Trust Bank Branch
12330 South Harlem Avenue Palos Heights IL
First Secure Bank and Trust Co.
First Secure Bank And Trust Co. Branch
10360 South Roberts Road Palos Hills IL
SmartBiz Bank, National Association
Centrust Bank, National Association Branch
385 Waukegan Road Northbrook IL
Cathay Bank
Chicago -westmont Branch
665 Pasquinelli Drive #b104 Westmont IL
Mutual Federal Bank
Mutual Federal Bank Branch
2212 West Cermak Road Chicago IL
Devon Bank
Wheeling Branch
561 North Milwaukee Avenue Wheeling IL
The Federal Savings Bank
The Federal Savings Bank Branch
300 North Elizabeth Street, Floor 3e Chicago IL
U.S. Bank National Association
Naperville / Diehl Rd. Branch
270 Diehl Rd. Naperville IL
CIBM Bank
Avenue Bank Branch
330 S. Naperville Road Wheaton IL
Cathay Bank
Chicago -westmont Branch
665 Pasquinelli Drive #b104 Westmont IL
First State Bank
First State Bank Branch
426 Army Trail Road Carol Stream IL
SmartBiz Bank, National Association
Centrust Bank, National Association Branch
385 Waukegan Road Northbrook IL
Amalgamated Bank of Chicago
Amalgamated Bank Of Chicago Branch
30 North Lasalle Street Chicago IL
Pan American Bank & Trust
Palatine Il Branch
One East Northwest Highway Palatine IL
Community Bank of Elmhurst
Lexington Square Branch
400 W. Butterfield Rd. Elmhurst IL
Lisle Savings Bank
1700 Robin Lane Facility Branch
1700 Robin Lane Lisle IL
Devon Bank
Wheeling Branch
561 North Milwaukee Avenue Wheeling IL
Old Second National Bank
Lisle/Naperville Branch
3101 Ogden Road Lisle IL
Town Center Bank
New Lenox Branch
1938 East Lincoln Highway, Suite 101 New Lenox IL
Brickyard Bank
Brickyard Bank Branch
6676 North Lincoln Avenue Lincolnwood IL
First Secure Bank and Trust Co.
First Secure Bank And Trust Co. Branch
10360 South Roberts Road Palos Hills IL
Citibank, National Association
Streamwood Branch
800 S. Barrington Road Streamwood IL
First State Bank
First State Bank Branch
426 Army Trail Road Carol Stream IL
SmartBiz Bank, National Association
Centrust Bank, National Association Branch
385 Waukegan Road Northbrook IL
Northbrook Bank and Trust Company, National Association
Buffalo Grove Branch
200 North Buffalo Grove Road Buffalo Grove IL
Forest Park National Bank and Trust Company
Forest Park National Bank And Trust Branch
7348 West Madison Street Forest Park IL
United Fidelity Bank, fsb
United Fidelity Bank, Fsb Branch
1800 West 87th Street Chicago IL
Community Bank of Elmhurst
Lexington Square Branch
400 W. Butterfield Rd. Elmhurst IL
Grand Ridge National Bank
Grand Ridge National Bank Branch
27w111 Geneva Road Winfield IL
First American Bank
Naperville Branch
700 East Ogden Avenue Naperville IL
Hoyne Savings Bank
699 W Dundee Rd Branch
699 West Dundee Road Wheeling IL
Devon Bank
Wheeling Branch
561 North Milwaukee Avenue Wheeling IL
Town Center Bank
New Lenox Branch
1938 East Lincoln Highway, Suite 101 New Lenox IL
Brickyard Bank
Brickyard Bank Branch
6676 North Lincoln Avenue Lincolnwood IL
Millennium Bank
Millennium Bank Branch
2077 Miner Street Des Plaines IL
Beverly Bank & Trust Company, National Association
Oak Lawn Bank And Trust Branch
5300 W 95th Street Oak Lawn IL
Community Savings Bank
West Belmont Branch
4824 West Belmont Avenue Chicago IL
AMG National Trust Bank
Chicago Branch
180 North La Salle Street Chicago IL
American Metro Bank
American Metro Bank Branch
4878 North Broadway Chicago IL
CIBM Bank
Avenue Bank Branch
330 S. Naperville Road Wheaton IL
Forest Park National Bank and Trust Company
Forest Park National Bank And Trust Branch
7348 West Madison Street Forest Park IL
Grand Ridge National Bank
Grand Ridge National Bank Branch
27w111 Geneva Road Winfield IL
Itasca Bank & Trust Co.
Roselle Il Branch
One East Irving Park Road Roselle IL
Old Second National Bank
Lisle/Naperville Branch
3101 Ogden Road Lisle IL
United Fidelity Bank, fsb
United Fidelity Bank, Fsb Branch
1800 West 87th Street Chicago IL
Providence Bank & Trust
Wheaton Branch
1051 East Roosevelt Road Wheaton IL
Parkway Bank and Trust Company
Carol Stream Branch
914 West Army Trail Road Carol Stream IL
Hanmi Bank
Carol Stream Branch
1275 North County Farm Road Carol Stream IL
Republic Bank of Chicago
Addison Branch
1640 W Lake St Addison IL
Hoyne Savings Bank
699 W Dundee Rd Branch
699 West Dundee Road Wheeling IL
Northbrook Bank and Trust Company, National Association
Buffalo Grove Branch
200 North Buffalo Grove Road Buffalo Grove IL
First Savings Bank of Hegewisch
Frankfort Branch
10395 West Lincoln Highway Frankfort IL
Town Center Bank
New Lenox Branch
1938 East Lincoln Highway, Suite 101 New Lenox IL
Brickyard Bank
Brickyard Bank Branch
6676 North Lincoln Avenue Lincolnwood IL
Beverly Bank & Trust Company, National Association
Oak Lawn Bank And Trust Branch
5300 W 95th Street Oak Lawn IL
Community Savings Bank
West Belmont Branch
4824 West Belmont Avenue Chicago IL
First Secure Bank and Trust Co.
First Secure Bank And Trust Co. Branch
10360 South Roberts Road Palos Hills IL
First National Bank of Brookfield
First National Bank Of Brookfield Branch
9136 Washington Avenue Brookfield IL
CIBM Bank
Avenue Bank Branch
330 S. Naperville Road Wheaton IL
First Eagle Bank
Hanover Park Branch
1040 East Lake Street Hanover Park IL
FNBC Bank & Trust
Western Springs Branch
1013 Burlington Avenue Western Springs IL
Heritage Bank of Schaumburg
Heritage Bank Of Schaumburg Branch
1535 Schaumburg Road Schaumburg IL
First National Bank of Brookfield
First National Bank Of Brookfield Branch
9136 Washington Avenue Brookfield IL
The Huntington National Bank
Naperville Branch
1730 Park St Suite 106 Naperville IL
Belmont Bank & Trust Company
Belmont Bank & Trust Company Branch
8250 West Belmont Avenue Chicago IL
FNBC Bank & Trust
Western Springs Branch
1013 Burlington Avenue Western Springs IL
Lake Forest Bank & Trust Company, National Association
Highland Park Branch
1949 St. Johns Avenue Highland Park IL
Northbrook Bank and Trust Company, National Association
Buffalo Grove Branch
200 North Buffalo Grove Road Buffalo Grove IL
Byline Bank
Schaumburg Office Branch
10 N Martingal Rd Suite 100 Schaumburg IL
Cathay Bank
Chicago -westmont Branch
665 Pasquinelli Drive #b104 Westmont IL
Forest Park National Bank and Trust Company
Forest Park National Bank And Trust Branch
7348 West Madison Street Forest Park IL
United Fidelity Bank, fsb
United Fidelity Bank, Fsb Branch
1800 West 87th Street Chicago IL
First Merchants Bank
Darien Branch
8301 South Cass Avenue Darien IL
Central Federal Savings and Loan Association
La Grange Park Branch
1921 E 31st St. La Grange Park IL
First Eagle Bank
Hanover Park Branch
1040 East Lake Street Hanover Park IL
Parkway Bank and Trust Company
Carol Stream Branch
914 West Army Trail Road Carol Stream IL
Amalgamated Bank of Chicago
Amalgamated Bank Of Chicago Branch
30 North Lasalle Street Chicago IL
Hanmi Bank
Carol Stream Branch
1275 North County Farm Road Carol Stream IL
Community Bank of Elmhurst
Lexington Square Branch
400 W. Butterfield Rd. Elmhurst IL
First American Bank
Naperville Branch
700 East Ogden Avenue Naperville IL
Lakeside Bank
Lakeview/Lincoln Park Branch
2800 N Ashland Ave Chicago IL
Itasca Bank & Trust Co.
Roselle Il Branch
One East Irving Park Road Roselle IL
Hoyne Savings Bank
699 W Dundee Rd Branch
699 West Dundee Road Wheeling IL
First Savings Bank of Hegewisch
Frankfort Branch
10395 West Lincoln Highway Frankfort IL
United Trust Bank
United Trust Bank Branch
12330 South Harlem Avenue Palos Heights IL
Liberty Bank for Savings
Park Ridge Office Branch
1018 West Touhy Avenue Park Ridge IL
GN Bank
Illinois-Service Federal Savings And Branch
4619 S Martin L King Drive Chicago IL
Community Savings Bank
West Belmont Branch
4824 West Belmont Avenue Chicago IL
AMG National Trust Bank
Chicago Branch
180 North La Salle Street Chicago IL
Heritage Bank of Schaumburg
Heritage Bank Of Schaumburg Branch
1535 Schaumburg Road Schaumburg IL
First National Bank of Brookfield
First National Bank Of Brookfield Branch
9136 Washington Avenue Brookfield IL
Busey Bank
Gartner Road Naperville Branch
24 West Gartner Street, Suite 104 Naperville IL
U.S. Bank National Association
Naperville / Diehl Rd. Branch
270 Diehl Rd. Naperville IL
CIBM Bank
Avenue Bank Branch
330 S. Naperville Road Wheaton IL
Marquette Bank
Romeoville Branch
1876 W. Airport Rd Romeoville IL
Bank of America, National Association
South Barrington Branch
9 Executive Court South Barrington IL
First Merchants Bank
Darien Branch
8301 South Cass Avenue Darien IL
Associated Bank, National Association
Roselle Branch
56 East Irving Park Road Roselle IL
Hinsdale Bank & Trust Company, National Association
Downers Grove Branch
718 Ogden Ave Downers Grove IL
CIBC Bank USA
Oak Brook Branch
1110 Jorie Boulevard Oak Brook IL
Wheaton Bank & Trust, National Association
Downtown Naperville Branch
5 South Washington St. Naperville IL
Schaumburg Bank & Trust Company, National Association
Roselle Bank & Trust, A Branch Of Schaumburg Bank & Trust Company, N.A.
1350 West Lake Street Roselle IL
Wintrust Bank, National Association
Mont Clare Branch
3050 North Harlem Avenue Chicago IL
Village Bank and Trust, National Association
Luther Village Branch
1250 Village Drive Arlington Heights IL
GN Bank
Illinois-Service Federal Savings And Branch
4619 S Martin L King Drive Chicago IL
Belmont Bank & Trust Company
Belmont Bank & Trust Company Branch
8250 West Belmont Avenue Chicago IL
First National Bank of Brookfield
First National Bank Of Brookfield Branch
9136 Washington Avenue Brookfield IL
Associated Bank, National Association
Roselle Branch
56 East Irving Park Road Roselle IL
Hinsdale Bank & Trust Company, National Association
Downers Grove Branch
718 Ogden Ave Downers Grove IL
Barrington Bank & Trust Company, National Association
West Golf Road Branch
2497 West Golf Road Hoffman Estates IL
Old Second National Bank
Lisle/Naperville Branch
3101 Ogden Road Lisle IL
Schaumburg Bank & Trust Company, National Association
Roselle Bank & Trust, A Branch Of Schaumburg Bank & Trust Company, N.A.
1350 West Lake Street Roselle IL
Wheaton Bank & Trust, National Association
Downtown Naperville Branch
5 South Washington St. Naperville IL
PNC Bank, National Association
Carol Stream Branch
560 Army Trail Road Carol Stream IL
First Savings Bank of Hegewisch
Frankfort Branch
10395 West Lincoln Highway Frankfort IL
The Lemont National Bank
Lemont Branch
310 Main Street Lemont IL
Wintrust Bank, National Association
Mont Clare Branch
3050 North Harlem Avenue Chicago IL
Village Bank and Trust, National Association
Luther Village Branch
1250 Village Drive Arlington Heights IL
JPMorgan Chase Bank, National Association
Naperville Downtown Branch
55 South Main Street, Suite 175 Naperville IL
The Lemont National Bank
Lemont Branch
310 Main Street Lemont IL
Wells Fargo Bank, National Association
Schaumburg Branch
210 South Roselle Road Schaumburg IL
PNC Bank, National Association
Carol Stream Branch
560 Army Trail Road Carol Stream IL
Fifth Third Bank, National Association
Fifth Third Bank Branch
1n111 County Farm Road Winfield IL
BMO Bank National Association
Community Service Facility Branch
320 West Diehl Road Naperville IL
Associated Bank, National Association
Roselle Branch
56 East Irving Park Road Roselle IL
Providence Bank & Trust
Wheaton Branch
1051 East Roosevelt Road Wheaton IL
First Merchants Bank
Darien Branch
8301 South Cass Avenue Darien IL
First American Bank
Naperville Branch
700 East Ogden Avenue Naperville IL
The Lemont National Bank
Lemont Branch
310 Main Street Lemont IL
Liberty Bank for Savings
Park Ridge Office Branch
1018 West Touhy Avenue Park Ridge IL
GN Bank
Illinois-Service Federal Savings And Branch
4619 S Martin L King Drive Chicago IL


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

FREQUENTLY ASKED QUESTIONS ABOUT LOCAL SAVINGS RATES


Why do savings rates vary so much?

Even though rates are at levels that are historically very low, there is competition for your money. Like any active marketplace, there are buyers and sellers of goods and services at different prices. Banks have different cost structures and they also have different needs for capital. This leads to different rates.

BestCashCow’s surveys show that online banks offer higher savings and CD rates because they have lower expenses from not having to maintain brick-and-mortar locations. Therefore, we strongly recommend that all depositors consider the rates at online banks as savings and money market accounts online can easy be set up to enable quick transfers to your favorite local bank.

What is the difference between a savings account and a money market account?

The differences between a savings account and a money market account are largely arcane. Some money market accounts offer more ways access deposits by issuing checks and debit cards, but prudent consumers will compare the two interchangeably, focusing primarily on rates and service among FDIC-insured banks (or NCUA-insured, for credit unions). Most savvy consumers who plan their expenses and financial needs ahead find the additional functionality offered by money markets to be of little value and will choose whichever account (savings or money market) has the higher rate.

What does annual percentage yield (APY) mean?

Savings rates are displayed in terms of APY to indicate the effective annual-interest return, including the compounding of interest, of the course of a single year. $100,000 deposited in a savings or CD account with a 1.20% APY will earn $1,200 in the course of the year, but monthly interest in the first few months may be less than $100 a month (this also depends on the number of days in the month). Hence, the APY rate is ordinarily a couple of basis points above the real interest rates. Unlike with a Certificate of Deposit, your actual APY in a savings may vary if the rate changes.

How do I choose the right savings account and should I consider CDs?

Begin your search with the table here on BestCashCow.com that you have found. In addition to checking online savings rates, you should also check local bank rates and local credit union rates. If you are unlikely to require access to your cash for some time, you may also consider certificates of deposit (CDs). While CDs have penalties for early withdrawal that may even eat into your principal, the rates on 2, 3, 4 and 5 year CDs are ordinarily significantly higher than savings rates. Several other sections and articles on BestCashCow can also help you to identify your proper cash allocation between savings and CDs. Access these below. You should also familiarize yourself with our Savings & CD Calculator in order to understand the importance of compounding interest at higher rates on your savings over time.

8 POINT CHECKLIST FOR A GREAT BANKING RELATIONSHIP WITH YOUR LOCAL BANK

  • Find a bank with a location convenient to you. Location counts.
  • Choose a bank with good rates. Rates are important to get continued growth of your capital.
  • Choose a bank with an extensive network of fee-free ATM machines or which reimburses out-of-network ATM fees, if you still need to regularly access cash.
  • Avoid fees. Choose a bank which doesn’t have service fees provided you maintain a certain balance, which doesn’t charge for ACH inbound and outbound transfers, and which has low fees for things like international wire transfers and bounced checks.
  • Choose a healthy bank. If you click on a bank above, you’ll be taken to the bank’s financial detail. A healthy bank has happy employees and provides loyal service to its customers. No matter how healthy your bank is, stay within FDIC insurance limits.
  • Find something of value to offset what may be slightly lower rates than online accounts offer. Develop personal relationship with your bankers. Personal relationships can help you to get appropriate financial advice, and to navigate financial challenges and needs in the future. (Be careful with the financial advice you receive. Inappropriate financial advice is worth a lot less than no financial advice.) They can also put you in touch with others in your community who could be valuable personally and professionally to know. If you don't use your local savings account as an opportunity to build these relationships, you may find that you are better of banking online.
  • Choose a bank that is going to let you access your cash when you need. The great benefit of savings accounts over any other financial product (including CDs) is that you have absolute liquidity. If your bank in creating impediments to accessing your cash (paperwork, fees, etc.), then you need another bank.
  • Be aware that you can have more than one account. Having a great local savings account at a large or small bank near you can be great, but it doesn't need to stop you from opening one or more online savings accounts, or even developing a relationship with another local bank or credit union.

SAVINGS & CD CALCULATOR

Find out how much extra money you can earn by moving your bank money into an account that pays more.