Cole Taylor Bank Offering 1.00% APY on 6 Month CDs

Cole Taylor Bank is offering a special CD for 6 months. With it, savers can get 1.00% APY on a minimum deposit of $1,000.

The deposit should be new money. The rate is paid only on certificates of deposit purchased online. If it is bought from one of the nine centers the bank has in the area of Chicago, savers will get only 0.25%. It is being offered exclusively to residents of Illinois.