Barrington CD Rates

You may not be a millionaire like Barrington resident – and Secretary of the Treasury – Henry Paulson, but you still have some extra money you’d like to invest in your financial future. Let Barrington Banking Rates help you plan with information on CDrates and money market rates that will let you see a significant return on your investment.

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Money from investments can go to so many things, like a trip to Hawaii, or a flashy new car. The money you’ve saved through Barrington Banking Rates can go towards whatever you want it to.

Current Barrington CD Rates News

 

Best Barrington CD Account Rates

Featured RateBank / Credit UnionAccount Type
1.90%
As of July 23, 2010

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CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)Bank / Credit UnionAccount Type
2.00%
As of May 19, 2010
View Rate Details Northwest Community Credit UnionCD Account
2.00%
As of May 18, 2010
View Rate Details Mutual Federal Savings and Loan Association of ChicagoCD Account
1.92%
As of July 26, 2010
View Rate Details The National Republic Bank of ChicagoCD Account
1.80%
As of July 23, 2010
View Rate Details Edgebrook BankCD Account
1.75%
As of July 28, 2010
View Rate Details International Bank of ChicagoCD Account
1.75%
As of July 28, 2010
View Rate Details St. Charles BankCD Account
Bank / Account TypeRate ChangeDate
 First Suburban National Bank - 2 Year CD Account1.16% to 1.13%Jul 26, 2010
 Fox River State Bank - 2 Year CD Account1.65% to 1.60%Jul 26, 2010
 First Choice Bank Wheaton, Geneva IL - 2 Year CD Account1.50% to 1.30%Jul 26, 2010
 First Choice Bank Wheaton, Geneva IL - 12 Month CD Account0.98% to 0.75%Jul 26, 2010
 First Choice Bank Wheaton, Geneva IL - 6 Month CD Account0.60% to 0.35%Jul 26, 2010
 Consumers Cooperative Credit Union - 2 Year CD Account1.35% to 1.00%Jul 23, 2010
 

Your Credit and CD Rates

A Certificate of Deposit, or CD is similar to a savings account in that it earns interest, but different in that you can set a length of time (anywhere from 3 months to 5 years) that you will not touch your savings. The reason you may choose this option is that banks typically offer higher interest rates because they know you are not going to withdraw the money. Banks can then loan your money out, and pay you a higher Bank Rate to allow you to earn even more money.

Most investing options do not require a strong credit score to become an investor. However, there are a few who do, particularly high interest rate savings accounts. Even if they do not require a credit check, it is a good idea to always remain on top of your credit.

Get a free credit report today.

Best CD Rates, IRAs and Investments in Barrington

Barrington Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

Many local Barrington credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Barrington Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

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Check Rates in These Cities Near Barrington:

Serving the Following Barrington Zip Codes:

ElginSkokieNaperville
NorthbrookHinsdaleChicago
EvanstonDecaturLansing
Des PlainesSchaumburgChampaign
WaukeganDeerfieldRockford
60010 60011

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