4.00% 24-Month CD & 3.75% 18-Month CD at Millennium Bank in Illinois read and submit comments for this post

Millennium Bank is offering several competitive CD rates. The most competitive include a 3.75% APY 18-month CD, a 4.00% APY 24-month CD and a 4.50% APY 60-month CD. Minimum deposit is $1,000. These CDs are also available in an IRA. These rates are listed in the bank's rate table as of 1/07/09.

It's a newly established small community bank located in Des Plaines, Illinois which is the northern suburbs of Chicago. It appears to be a local deal. Note, this bank has no relationship to the foreign Millennium Bank (see post). This Illinois Millennium Bank is FDIC insured (Certificate # 58348).