Shopping for satisfactory CD rates in Elgin, IL, can be a bit time consuming, especially when banks and credit unions across the country seem to be only offering low yields. Our CD rate survey can help bring you the best CD rates available in your area of Illinois.
Yields have been hitting dismal lows across the nation, but certificates of deposit are still considered a safe investment. The FDIC covers CDs up to $250,000 per depositor. Find CD rates in Elgin, IL, and in other areas across the country.
CD rates in Elgin, IL
Here are the 6-month CD rates in Elgin, IL, as of 2 p.m.
| Institution | APY | Min Deposit |
| Ally | 0.94% | $0 |
| First Community Bank | 0.40% | $1,000 |
| The Elgin State Bank | 0.35% | $2,500 |
| Chase Bank | 0.20% | $1,000 |
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