bank rates

Illinois Deal: 1.71% On 30-Month CDs

With the Federal Reserve planning to raise rates gradually over the next three years, Community Bank of Trenton‘s 30-month special can fit nicely into a smart CD portfolio.

This Illinois bank on the eastern edge of metropolitan St. Louis is paying 1.71% APY on 30-month certificates of deposit with a $1,000 minimum investment.

The rate slots neatly between the top nationally available 2- and 3-year returns of 1.52% APY and 1.85% from the banks on our CD Rates Leaderboard.

It also earns Community a spot in our constantly updated roundup of the top-paying credit union and community bank CDs from around the country.

Although Community Bank of Trenton stipulates no residency rules for who can open accounts at the bank, opening a CD requires visiting its single branch in Trenton, Illinois.

As always, we recommend you search through Bankrate’s extensive database of the best CD rates in the country before committing to any certificate to make sure you’re getting the best available rate.

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