STC Capital Bank’s 6 month certificate of deposit: 2.50% APY
Thanks to BankVibe reader Sean for tipping us off on a phenomenal rate coming from a local Illinois bank. Currently STC Capital Bank has a 6 month certificate of deposit which is yielding 2.50% APY. The average yield for 6 month CD’s sits at roughly 1.30% APY. Unfortunately for most of us, this product is not available. STC Capital Bank only has two branches and both are in St. Charles, Illinois. This product is only available to customers in the area.
The six month CD offered by STC Capital Bank became available on the first of this month and they accept deposits up to $25,000. You may also start with less than $25,000 and add to your deposit throughout the life of the CD. If you aren’t one of the lucky ones who are able to take advantage of this offer great, you may want to compare 6 month CD rates nationwide.
STC Bank was founded by a group of investors with a “passion for excellence within the banking industry.” STC is an abbreviation for their core values. S stands for Service, T stands for Trust, and C stands for Commitment.
Main Office
460 South 1st Street
St Charles, IL 60174
phone: (630) 377-1555
