Delaware Place Bank in Chicago offers CDs that provide safety, liquidity and income.  The bank has an advertisement in the Monday December 8, 2008 of the Chicago Tribune advertising the banks 15 month CD.  The CD interest rate is 3.75% with a minimum deposit of $5,000.00. 

The bank offers various other certificates of deposit that are renewed automatically.  The CDs have flexible terms ranging form 30 days to 4 years.  The CD rates vary, and a substantial penalty for early withdrawal may apply.  Interest paid on the CDs can be paid to another account, by check or added to the CD balance.

Besides consumer CDs, savings accounts and money market accounts, the bank offers multiple types of transaction accounts, from basic checking to their exclusive Reserve Elite Account, to accommodate consumer’s specific banking needs. All of the banks clients enjoy ATM access anywhere in the country without charges from Delaware Place Bank. 

The bank has numerous lending options to meet a range of financing including: a vacation home, new car, home equity line, refinanced mortgage.  All loan programs have highly competitive interest rates and flexible terms.

Delaware Place Banks promotional material states its mission is meeting the exacting needs of owners and professionals in the Chicagoland area.  The bank provides any general or specialized service to meet its business client’s needs, from cash management to courier pick-up, lockbox services to lines of credit, from international banking to internet banking.

For more information, check out Delaware Place Banks CD rates on their website at www.delawareplacebank.com  or call the 312.280.0360.

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