Bank · FDIC insured
Municipal Bank CD Rates
Municipal Bank’s best CD rate is 3.85% APY on a 9-month CD. Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How Municipal Bank’s CD rates compare
Compared with banks and credit unions near Kankakee, IL, where Municipal Bank has the most branches. $10,000, best rate first.
This bank’s best
Municipal Bank
3.70%APY
- Term
- 13 months
- Minimum
- $5,000
- Earns on $10,000
- $401
CD Specials
Top rate
Woodforest National Bank
4.25%APY
- Term
- 9 months
- Minimum
- $500
- Earns on $10,000
- $317
2nd-highest rate
PNC
4.25%APY
- Term
- 13 months
- Minimum
- $1,000
- Earns on $10,000
- $461
Municipal Bank CD score
65
CD score
Higher than 14% of U.S. banks and credit unions
- 3–8 months3–8 mo0.36%
- 9–15 months9–15 mo3.70%
- 16–30 months16–30 mo0.53%
- 31–60 months31–60 mo0.75%
- QualifiedQualified3.70%
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 Municipal Bank 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.
CD Specials
Up to 3.85%APY · 2 terms
Penalty for early withdrawal. Fees may reduce earnings. Not valid for IRA's. All accounts compounded quarterly and automatically renew. These rates are effective through October 22, 2026.
| Term | APY · Up to $1,000,000 | APY · Up to $500,000 | APY · Up to $250,000 | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|
| 9 months$25,000 Minimum Opening and $500,000 Maximum Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | — | 3.60% | — | 3.60% | $269 |
| 9 monthsNEW MONEY. $50,000 Minimum Opening and $1,000,000 Maximum Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 3.85% | — | — | 3.85% | $287 |
| 13 months$5,000 Minimum Opening and $250,000 Maximum Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | — | — | 3.70% | 3.70% | $401 |
Sources (1)
- municipalbank.com/rates · captured Oct 16, 2026
Standard CD
Up to 0.75%APY · 9 terms
Penalty for early withdrawal. Fees may reduce earnings. Not valid for IRA's. All accounts compounded quarterly and automatically renew. These rates are effective through October 22, 2026.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months$2,500 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.30% | $7 |
| 6 months$2,500 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.36% | $18 |
| 12 months$1,000 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.40% | $40 |
| 18 months$1,000 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.45% | $68 |
| 24 months$1,000 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.50% | $100 |
| 30 months$1,000 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.53% | $133 |
| 36 months$1,000 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.60% | $181 |
| 48 months$1,000 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.65% | $263 |
| 60 months$1,000 Minimum Opening Deposit. All accounts compounded quarterly and automatically renew. Penalty for early withdrawal. Not valid for IRA's | 0.75% | $381 |
Sources (1)
- municipalbank.com/rates · captured Oct 16, 2026
Special-purpose accounts
Standard IRA
Up to 0.35%APY · 5 terms
Penalty for early withdrawal. Fees may reduce earnings. All accounts compounded annually and automatically renew. These rates are effective through October 22, 2026.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months$500 Minimum Opening Deposit. All accounts compounded annually and automatically renew. Penalty for early withdrawal | 0.15% | $15 |
| 18 months$500 Minimum Opening Deposit. All accounts compounded annually and automatically renew. Penalty for early withdrawal | 0.20% | $30 |
| 24 months$500 Minimum Opening Deposit. All accounts compounded annually and automatically renew. Penalty for early withdrawal | 0.25% | $50 |
| 30 months$500 Minimum Opening Deposit. All accounts compounded annually and automatically renew. Penalty for early withdrawal | 0.28% | $70 |
| 36 months$500 Minimum Opening Deposit. All accounts compounded annually and automatically renew. Penalty for early withdrawal | 0.35% | $105 |
Sources (1)
- municipalbank.com/rates · 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.