3.00%/10-month, 3.75%/39-month CDs at AMCORE Bank

AMCORE Bank has two competitive CDs available: Their 10-month CD is yielding 3.00% APY, and their 39-month CD is yielding 3.75% APY. These CDs have a minimum deposit of $10,000 and a maximum of $1 million. To get these rates, you have to have one of the following: (a) an AMCORE checking account with direct deposit or ACH, (b) an aggregate deposit balance of $25,000 or more with AMCORE, or (c) an Ambassador Club Membership (for those 55 and over with $10,000 or more on deposit with AMCORE).  What I don’t know is whether the CD itself would help to meet those deposit requirements, i.e. if you opened a $25,000 CD, whether that itself would meet option (b). You’d have to call an individual branch or 877-926-2673 to find out for sure what they’d be willing to do.

AMCORE Bank has more than 75 locations throughout Illinois and Wisconsin.  You can find one near you here.