Compare the Best Local Rates

Highest Current Palatine, IL Bank Account Rates

It’s common for local financial institutions like credit unions and community banks to provide deposit accounts interest rates that are much higher than offers from national and chain banks. However, just because a bank or credit union is small doesn’t mean its rates are truly competitive.

Now that it’s the end of the month, let’s take a look at where the best bank account interest rates can be found in Palatine, IL. Palatine Banking Rates has put together a list of the best bank account rates in Palatine (within a 50-mile radius) for savings and CD accounts:

Top Savings Interest Rates in Palatine



  • Suburban Bank & Trust Company: 4.02%
  • All American Bank: 3%
  • General Mills Employees Credit Union: 2.01%


Best Palatine 6-Month CD Rates



  • Racine Police Credit Union: 2.02%
  • South Division Credit Union: 1.75%
  • Acme Continental Credit Union: 1.75%


Highest Palatine 12-Month CD Interest Rates



  • Acme Continental Credit Union: 2.35%
  • Advantage National Bank: 2.25%
  • Loyola University Employees Credit Union: 2.22%


Best 24-Month CD Rates in Palatine



  • Acme Continental Credit Union: 2.5%
  • Alliant Credit Union Chicago, IL: 2.4%
  • Evergreen Bank Group: 2.35%



Please note that these rates are accurate as of the publish date but are subject to change at any time. There may also be additional terms like balance requirements or fees that must be met in order to earn the above rates.