united community bank greenfield il cd rates

To learn more about our rating and review methodology and editorial process, check out our guide on How Forbes Advisor Reviews Banks.įinding the best CD rates in Illinois means doing some research to compare options at different banks. All accounts considered had to be available in the state of Illinois to be included in this list. Additionally, CDs with daily compounding interest earned a higher score compared to those with monthly or quarterly compounding. Accounts with the highest APYs earned a higher spot, while CDs with minimum deposit requirements of $10,000 or more ranked lower. Here is the weighting used for each category:Įach CD account considered was ranked according to its overall weighting by category.

We also considered individual account terms when making the final list of the best Illinois CD rates. The data points used include annual percentage yield (APY), deposit minimums, compound interest schedule, customer experience, digital experience, available terms and overall availability. To compile final rankings, we assigned a star rating to each one based on an evaluation of 11 data points. To find the best CD rates in Illinois, Forbes Advisor analyzed 356 CD accounts at 134 financial institutions, including traditional banks, online banks and credit unions.

United community bank greenfield il cd rates