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Prairie National Bank offers top short term CD Rates

May 24th, 2010 Posted in Best CD Rates

Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.

Prairie National Bank, based out of Illinois, has a few short term CD rates that demolish the current national average for their respective durations. They also have a promotional 9 month CD and 15 month CD which are available for a limited time.

Prairie National Bank has just two locations in Illinois, one in Shelby County and the other in Effingham. You can stop by a bank or contact a rep via phone to discuss opening a deposit account.

Short Term CD Rates offered by Prairie National Bank:

91 day CD*

$2500

1.25 %

1.26 %

1.26 %

NA

NA

182 day CD*

$2500

1.40 %

1.41%

1.41%

1.40 %

NA

12 month CD*

$500

1.65 %

1.66%

1.66%

1.66 %

1.65%

18 month CD^

$500

1.90 %

1.92%

1.91%

1.91 %

1.90%

24 month CD^

$500

2.10%

2.12%

2.12%

2.11%

2.10%

30 month CD^

$500

2.35%

2.38%

2.37%

2.36%

2.35%

Their promotional CD rates include a 9 month CD yielding 1.50% APY as well as a 15 month CD yielding 1.85% APY. Both of these offers come with a minimum deposit amount of $500.

To put some of the offers located in the table (above) in perspective. The national average for 3 month CD’s sits at roughly 0.30% APY. The national average for 6 month CD’s sits at roughly 0.80% APY. The national average for 12 month CD’s sits at roughly 1.17% APY and the national average for 3 year CD’s sits at roughly 1.98% APY.

About Prairie National Bank:

Prairie National Bank is a full service community bank.  Lending services include farm loans, business loans, consumer loans and home mortgage loans.  Checking services include free checking, NOW and Money Market accounts, business checking and the Shazam check card.  They also offer certificates of deposit, savings accounts and individual retirement accounts (IRA). Their deposit products are federally insured by the FDIC.



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