Harris Bank CD Rates and Review
Harris Bank, based out of Chicago, Illinois was first established in 1882 as NW Harris and Co. Today they control more than $376 billion in assets and have locations (branch or affiliate branches) in 12 states. They operate in several banking verticals including wealth management, small business, middle market, institutional markets as well as personal financial services. Within the personal financial services sector they offer checking, savings, money market accounts, certificates of deposit, mortgages and loans.
Their CD rates are tiered based on the minimum deposits invested. Below are their current rates along with the associated minimum deposit required to earn that rate (interest rates accurte as of May 28, 2010).
Harris Bank CD Rates:
| 3 months | 0.045 | 0.05 |
| 6 months | 0.095 | 0.10 |
| 9 months | 0.345 | 0.35 |
| 12 months | 0.643 | 0.65 |
| 18 months | 0.743 | 0.75 |
| 24 months | 0.792 | 0.80 |
| 30 months | 0.842 | 0.85 |
| 36 months | 0.941 | 0.95 |
| 48 months | 1.090 | 1.10 |
| 60 months | 1.337 | 1.35 |
| $5,000 | ||
| 3 months | 0.095 | 0.10 |
| 6 months | 0.145 | 0.15 |
| 9 months | 0.395 | 0.40 |
| 12 months | 0.693 | 0.70 |
| 18 months | 0.792 | 0.80 |
| 24 months | 0.842 | 0.85 |
| 30 months | 0.892 | 0.90 |
| 36 months | 0.991 | 1.00 |
| 48 months | 1.139 | 1.15 |
| 60 months | 1.386 | 1.40 |
| $100,000 | ||
| 1 month3 | 0.095 | 0.10 |
| 2 months3 | 0.095 | 0.10 |
| 3 months | 0.145 | 0.15 |
| 6 months | 0.195 | 0.20 |
| 9 months | 0.445 | 0.45 |
| 12 months | 0.743 | 0.75 |
| 18 months | 0.842 | 0.85 |
| 24 months | 0.892 | 0.90 |
| 30 months | 0.941 | 0.95 |
| 36 months | 1.040 | 1.05 |
| 48 months | 1.188 | 1.20 |
| 60 months | 1.435 | 1.45 |
Terms and Conditions:
- Maximum opening deposit of $100,000 per CD applied for online.
- The CD must be funded within 10 business days of online application.
- Funds from CDs applied for online may not be withdrawn for the first 11 days after funding.
- CDs applied for online can only be in individual or joint ownership.
- Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor.
Promotions through Harris Bank:
$150 bonus with new Harris Bank checking account
June 1st, 2010 at 10:13 am
Their 5 year CD’s are as bad as most 1 year CD’s. id find another bank if your looking for a savings account