Lakeside Bank, headquartered in Chicago, is one of the largest banks in the state of Illinois. At present, Lakeside Bank is providing various types of financial facilities to millions of people. One of the facilities currently provided by Lake Side Bank is a ‘Certificate of Deposit’ i.e. CD Rates on which the bank gives good returns. If you want to know ‘Lakeside Bank CD Rates‘ then read this article completely because in this article we will give you information about the CD rates of Lakeside Bank.
Everything you need to know about Lakeside Bank
Lakeside Bank is one of the largest banks present in Illinois today, which provides many types of financial facilities to customers and is considered a reliable bank. Lakeside Bank has been disrupting the banking industry in Chicago for over 50 years. Its President and CEO since 1999 is Philip D Cacciatore, a big name in Chicago’s banking industry. Apart from general banking facilities, Lakeside Bank also provides a variety of investment facilities to its customers.
Lakeside Bank Certificate of Deposits Details
First of all, if you do not have much information about a Certificate of Deposit, then let us tell you that a Certificate of Deposit is a method of investment like a Fixed Deposit in which you invest a fixed amount in the bank and get a Certificate of Deposit which It is proof that you have given a certain amount to your bank. You give this amount to the bank for a fixed time and until the bank returns that amount to you, the bank keeps giving you some amount at fixed time intervals, which becomes a source of income for you.
If you are a resident of Chicago or Illinois and are interested in investing in Certificate of Deposits, then for your information, let us tell you that you have not just one but many options to invest. At present, many such institutions are working in Illinois through which you can easily invest in Certificate of Deposits, one of which is Lakeside Bank. Yes, Lakeside Bank is one of the best options for Chicago residents to invest in CDs, so in such a situation you can also invest in CDs through this.
Lakeside Bank Certificate of Deposits Specifications
Lakeside Bank is currently one of the best options for investing in certificates of deposits, trusted by many applicants, not only in Chicago but throughout the state of Illinois. If you want to invest in Lakeside Bank, then it is important that you first understand the specifications related to it. If you do not know what are the specifications of Lakeside Bank Certificate of Deposits, then let us tell you that they are as follows:
- The new name requires $2,500 in your account to invest.
- A guaranteed fixed rate of return is given to you by the bank.
- The variety of terms available for CD rates range from 90 days to 60 months.
- Monthly interest checks are available and can be transferred to any Lakeside Bank with the applicant.
Lakeside Bank CD Rates
If you want to invest your earned money but do not want to take any risk with it, then a Certificate of Deposits can prove to be one of the best investment options for you. If you are a President of the State of Illinois and are looking for a great investment option to invest in Certificates of Deposits, Lakeside Bank is one of the best investment options available.
If you want to invest in CDs of Lakeside Bank, then it is a simple matter that you will have to know about Lakeside Bank CD Rates, which are as follows:
- 4.00% APY 3-month CD Special
- 5.25% APY 13-month CD Special
- 4.75% APY 17-month CD Special
How to Invest in CDs at Lakeside Bank
If you are interested in investing in CDs then Lakeside Bank is indeed a better option to invest in CDs which also offer very good CD Rates. If you do not know how to invest in a Certificate of Deposit in Lakeside Bank? So for information, let us tell you that to invest in CDs in Lakeside Bank, you can go to your nearest branch. Apart from this, you can also invest in CDs in the bank by directly visiting the bank’s website. To invest in CDs in a bank, you will first have to open an account in it, which is very easy.
Today, Lakeside Bank is one of the leading banks in terms of investment options not only in Chicago but in the entire Illinois, which provides great facilities to the people. Many people want to invest in CDs in Lakeside Bank but they do not know about Lakeside Bank CD Rates and that is why we have written this article in which we have given complete information about this subject in simple words.