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Mutual Bank (Chicago, IL) increases Deposit Rates

October 12, 2007
By MoneyRates team | Money-Rates Columnist

Mutual Bank is a 40-year old bank based in Chicago, Illinois. Through their website www.mutualbanking.com this banks has been offering excellent CD rates and money market rates for over one year now. This week Mutual Bank bucked the trend of banks lowering rates and has increased their 1-year CD rate to 5.75%. Current deposit rates [...]

Posted in 1-year CD| 5.75% APY| highest cd rates| washington mutual bank | 0 Comments

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About Richard Barrington

Richard Barrington, CFA, is the primary spokesperson and personal finance expert for MoneyRates. He is a 20-year veteran of the financial industry, including having served for over a dozen years as a member of the Executive Committee of Manning & Napier Advisors, Inc. Richard has written extensively on investment topics, including investments, money market accounts, Certificates of Deposit's and personal finance as it relates to retirement. Richard has been quoted by numerous media publications such as the New York Times, the Wall Street Journal, and Pensions & Investments magazine.

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