Bank · FDIC insured
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION CD Rates
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION’s best CD rate is 4.25% APY on a 7-month CD. Terms run from 1 month to 5 years. Rates checked October 16, 2026.
How CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION’s CD rates compare
Compared with banks and credit unions near Chicago, IL-IN, where CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION has the most branches. $10,000, best rate first.
This bank’s best
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION
4.25%APY
- Term
- 7 months
- Minimum
- $2,500
- Earns on $10,000
- $246
Certificates of Deposit - Specials
Top rate
Vicinity Credit Union
5.15%APY
- Term
- 13 months
- Minimum
- $1,000
- Earns on $10,000
- $559
2nd-highest rate
Whiting Refinery Federal Credit Union
5.12%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $2,836
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION CD score
80
CD score
Higher than 53% of U.S. banks and credit unions
- 3–8 months3–8 mo4.25%
- 9–15 months9–15 mo3.25%
- 16–30 months16–30 mo2.90%
- 31–60 months31–60 mo2.90%
- QualifiedQualified4.25%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Certificates of Deposit - Specials
Up to 4.25%APY · 7 terms
Rates are effective as of September 22, 2026 and subject to change without notice. Penalties for early withdrawals may be imposed. Fees may reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 7 months | 3.25% | $188 |
| 7 monthsFunds to open account must be new money, defined as money not currently held at Central Federal. Funds cannot be transferred from or a check drawn from a Central Federal account to fund the account | 4.25% | $246 |
| 13 months | 3.25% | $353 |
| 19 months | 2.90% | $463 |
| 25 months | 2.90% | $614 |
| 37 months | 2.90% | $921 |
| 47 months | 2.90% | $1,185 |
| 59 months | 2.90% | $1,509 |
Sources (1)
- centralfederalsavings.com/savings · captured Sep 26, 2026
Certificates of Deposit
Up to 0.15%APY · 10 terms
Interest compounded daily, credited monthly. Automatic renewal feature. Daily balance is the amount of principal in the account each day. Withdrawals may reduce APY on accounts. Penalties for early withdrawals may be imposed. Additional deposits are not permitted.
| Term | APY · $500 and up | APY · $2,500 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 1 monthStated term is 31 days | — | 0.02% | 0.02% | $0 |
| 3 monthsStated term is 91 days | — | 0.03% | 0.03% | $1 |
| 6 monthsStated term is 182 days | — | 0.04% | 0.04% | $2 |
| 12 months | — | 0.05% | 0.05% | $5 |
| 18 months | 0.10% | — | 0.10% | $15 |
| 24 months | 0.15% | — | 0.15% | $30 |
| 30 months | 0.15% | — | 0.15% | $38 |
| 36 months | 0.15% | — | 0.15% | $45 |
| 48 months | 0.15% | — | 0.15% | $60 |
| 60 months | 0.15% | — | 0.15% | $75 |
Sources (2)
All captured Sep 26, 2026
Monthly Check Transfer CD's
Up to 0.14%APY · 7 terms
Designed to provide a monthly interest check. Rates effective as of September 22, 2026.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months | 0.04% | $4 |
| 18 months | 0.09% | $14 |
| 24 months | 0.14% | $28 |
| 30 months | 0.14% | $35 |
| 36 months | 0.14% | $42 |
| 48 months | 0.14% | $56 |
| 60 months | 0.14% | $70 |
Sources (2)
All captured Sep 26, 2026
Special-purpose accounts
IRA Special Certificate of Deposit
3.25%APY · 1 term
Offers Traditional and Roth IRAs with automatic renewal. Early withdrawal penalties may be imposed.
| Term | APY · $2,500 and up | APY · $50,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 12 monthsIRA Rollover special rate | — | 3.25% | —3.25% from $50k | — |
| 12 monthsIRA special rate | 3.25% | — | 3.25% | $325 |
Sources (2)
All captured Sep 26, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.