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Certificates of Deposit

Certificates of Deposit (CDs) are an excellent tool for making the most of your money.  With a CD, you maximize your interest rate and enjoy the security of FDIC Insurance.  We offer CDs with terms ranging from 90 days to 60 months.

  • For current First American Bank account holders, the required minimum deposit to open a CD is $1,000.
  • For new customers, the minimum deposit to open a CD is $5,000.


1.01% APY

Apply Now CD Special

For more information, call us at (847) 952-3700 or stop by one of our convenient locations.  

$5,000 Minimum Deposit. Annual Percentage Yield (APY) of 1.01% is effective as of 3/13/17. Subject to change at any time. A penalty may be imposed for early withdrawal. The APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Only individual, joint, and living trust accounts not to exceed $1 million will be accepted at these rates. Trusts, corporations, partnerships, public funds, and IRAs are not eligible. Limited time offer. Other rates and terms are available for additional types of investments. Please see a personal banker for more details.


Interest Rates and Annual Percentage Yields are current as of 06/24/2017. For current rate information call (847) 952-3700.
CD TermInterest RateAnnual Percentage Yield (APY) 
Special - 13 Months
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1.00% 1.01% Disclosure image
3 To 5 Months
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0.05% 0.05% Disclosure button image
6 To 8 Months
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0.10% 0.10% Disclosure button image
9 To 11 Months
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0.15% 0.15% Disclosure button image
12 To 14 Months
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0.20% 0.20% Disclosure button image
15 To 17 Months
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0.25% 0.25% Disclosure button image
18 To 23 Months
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0.25% 0.25% Disclosure button image
24 To 35 Months
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0.30% 0.30% Disclosure button image
36 To 47 Months
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0.40% 0.40% Disclosure button image
48 To 59 Months
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0.55% 0.55% Disclosure button image
60 Plus Months
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1.00% 1.00% Disclosure button image
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