Certificates of deposit
maximize your interest and enjoy the security of FDIC Insurance
We offer a variety of Certificate of Deposit terms to suit your financial investment needs and goals. Plus the longer you invest, the more you can earn.
CD Features Include:
MINIMUM OPENING DEPOSIT
- Penalties may be incurred if a withdrawal of the principal is conducted on the CD prior to maturity.
- Penalties are based on the term of the CD.
- Variety of terms, from 91 days to five (5) years
- Automatic renewal
A - Applies To All CDS - Limited time offer that may be withdrawn at any time, cannot be combined with any other offer or rate enhancements, and is open to individuals and select business types in Illinois (see a Banker for details). Annual Percentage Yield (APY) is valid as of 07/06/20 and assumes monthly compounding. Minimum balance to open this Certificate of Deposit (CD) and earn stated APY is $1,000. IRAs are eligible. New money only. New money is defined as money not on deposit with Inland Bank at or within 90 days prior to account opening. Money must remain on deposit for length of time specified to earn stated APY. Penalty for early withdrawal. Fees may reduce account earnings. No brokered deposits.
B - Upon maturity, this CD will automatically renew in 6-month intervals earning the then current APY of the traditional 6-month CD.
C - Upon maturity, this CD will automatically renew in 12-month intervals earning the then current APY of the traditional 12-month CD.
D- Upon maturity, this CD will automatically renew in 18-month intervals earning the then current APY of the traditional 18-month CD. REV070620
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