The Quad Cities is a geographic region of the Mississippi Valley that identifies four cities in the states of Iowa and Illinois.  The cities that are the basis for the name of the region called the Quad Cities are Davenport, Rock Island, Moline and East Moline.  In addition to the four cities, numerous other towns and cities immediatley surrond this area including the town of Milan, Illinois.  Milan is where Blackhawk Bank and Trust was originally started in 1961.

Blackhawk Bank & Trust has since its start has expanded into Rock Island, Coal Valley, Moline, East Moline, Silvis, Colona, Geneseo, Illinois and most recently into Davenport, LeClaire and Princeton Iowa.  The bank is a locally owned and operated bank committed to providing outstanding customer service and satisfaction.  Blackhawk Bank and Trust has 14 bank branches serving the Quad Cities and other areas across the river in Iowa.
 
The bank has been FDIC insured since its inception in 1961.  Blackhawk Bank & Trust is chartered as a Federal Reserve Non-member.  The primary regulator is the Federal Deposit Insurance Corporation (FDIC).  As of September, 2008 the bank had assets of over $825,000,000.  Through September in 2008 the bank had turned a profit of $6,625,000.

Blackhawk Bank and Trust offers competitive interest yields on their CD products that are available in terms ranging from as few as 3-months to 2-1/2 years, the bank has CD option that will fit nearly any budget or plan.

With a minimum opening balance of $2,500.00 Blackhawk provides the following CD products:

A three month CD rate is 1.50% APY.
And a six month CD rate is 1.75% APY.

With a minimum opening balance of $500.00 Blackhawk also provides the following CD products:

A one year CD rate is 2.50% APY.
An eighteen month CD rate is 2.60% APY.
A two year CD rate is 2.50% APY.
And a thirty month CD rate is 2.60% APY.
 
 The annual percentage yield and bank CD interest rates disclosed are based on the bank’s disclosed compounding frequency for the appropriate term certificate.  Bank CD interest rates are subject to change.  Additional conditions may apply.  For up to date CD rates and account information contact the bank directly at 309-787-4451.  CD rates, account information and other disclosures can be found at the bank website, www.bhsb.com.

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