Bank · FDIC insured
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION Savings Rates
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION’s best savings rate is 0.05% APY on $10,000, with its Platinum Money Market. Rates checked October 16, 2026.
How CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION’s savings 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
0.05%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $5
Platinum Money Market
Top rate
Justice Federal Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $400
2nd-highest rate
United Trust Bank
3.90%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $390
CENTRAL FEDERAL SAVINGS AND LOAN ASSOCIATION savings score
63
Savings score
Higher than 8% of U.S. banks and credit unions
- $1,000 balance$1,0000.03%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0003.51%
- QualifiedQualified0.05%
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 savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Premier High Yield Money Market
0.40%APY
Variable rate account. Monthly fee of $10.00 applies if account balance falls below $2,500; maintain $2,500 minimum balance to avoid service charge. Up to 6 pre-authorized transfers/withdrawals per statement cycle, with $10 charge per transfer thereafter. Free first order of checks.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $49,999Monthly fee of $10.00 if account is below $2,500. | 0.40% | $40 | Monthly fee of $10.00 if account is below $2,500. |
| $50,000 – $99,999Monthly fee of $10.00 if account is below $2,500. | 0.50% | — | Monthly fee of $10.00 if account is below $2,500. |
| $100,000 and upMonthly fee of $10.00 if account is below $2,500. | 3.51% | — | Monthly fee of $10.00 if account is below $2,500. |
Sources (2)
All captured Oct 6, 2026
Platinum Money Market
0.05%APY
Variable rate account. Monthly fee of $10 applies if balance falls below $2,500; maintain $2,500 minimum balance to avoid service charge. Up to 6 pre-authorized transfers/withdrawals per statement cycle, with $10 charge per transfer thereafter. Free first order of checks.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $9,999Monthly fee of $10 if balance falls below $2,500. | 0.03% | — | Monthly fee of $10 if balance falls below $2,500. |
| $10,000 and upMonthly fee of $10 if balance falls below $2,500. | 0.05% | $5 | Monthly fee of $10 if balance falls below $2,500. |
| $50,000 and upMonthly fee of $10 if balance falls below $2,500. | 0.10% | — | Monthly fee of $10 if balance falls below $2,500. |
| $100,000 and upMonthly fee of $10 if balance falls below $2,500. | 0.15% | — | Monthly fee of $10 if balance falls below $2,500. |
Sources (2)
All captured Oct 6, 2026
Passbook Savings
Up to 0.03%APY
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceUnder $1,000 | 0.01% | $1 | Under $1,000 |
| $1,000 and up | 0.03% | $3 | |
| $20,000 and up | 0.05% | — |
Sources (2)
All captured Oct 16, 2026
Statement Savings
Up to 0.03%APY
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceSame as Passbook Savings Account; Under $1,000 | 0.01% | $1 | Same as Passbook Savings Account; Under $1,000 |
| $1,000 and upSame as Passbook Savings Account | 0.03% | $3 | Same as Passbook Savings Account |
| $20,000 and upSame as Passbook Savings Account | 0.05% | — | Same as Passbook Savings Account |
Sources (2)
All captured Oct 16, 2026
Gold Money Market
0.03%APY
Variable rate account. Monthly fee of $10 applies if balance falls below $2,500; maintain $2,500 minimum balance to avoid service charge. Up to 6 pre-authorized transfers/withdrawals per statement cycle, with $10 charge per transfer thereafter. Free first order of checks.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 and upMonthly fee of $10 if balance falls below $2,500.$2,500 and up | 0.03% | $3 | Monthly fee of $10 if balance falls below $2,500. |
Sources (2)
All captured Oct 6, 2026
Special-purpose accounts
Christmas Club Account
0.03%APY
Rates same as Passbook Savings Account; Opening min: $10
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $999Min balance: Under $1,000 | 0.01% | — | Min balance: Under $1,000 |
| $1,000 – $19,999Min balance: $1,000 or More | 0.03% | $3 | Min balance: $1,000 or More |
| $20,000 and upMin balance: $20,000 or More | 0.05% | — | Min balance: $20,000 or More |
Sources (2)
All captured Oct 16, 2026
Kid Saver Account
0.03%APY
Rates same as Passbook Savings Account; Opening min: $10
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $999Min balance: Under $1,000 | 0.01% | — | Min balance: Under $1,000 |
| $1,000 – $19,999Min balance: $1,000 or More | 0.03% | $3 | Min balance: $1,000 or More |
| $20,000 and upMin balance: $20,000 or More | 0.05% | — | Min balance: $20,000 or More |
Sources (2)
All captured Oct 16, 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.