Bank · FDIC insured
Prospect Bank CD Rates
Prospect Bank’s best CD rate is 4.20% APY on a 1-year CD. Terms run from 6 months to 1 year. Rates checked October 16, 2026.
How Prospect Bank’s CD rates compare
Compared with banks and credit unions in Illinois, where Prospect Bank has the most branches. $10,000, best rate first.
This bank’s best
Prospect Bank
4.20%APY
- Term
- 12 months
- Minimum
- $500
- Earns on $10,000
- $420
Special Certificate of Deposit
Top rate
Vicinity Credit Union
5.15%APY
- Term
- 13 months
- Minimum
- $1,000
- Earns on $10,000
- $559
2nd-highest rate
First Eagle Federal Credit Union
5.00%APY
- Term
- 12 months
- Minimum
- $500
- Earns on $10,000
- $500
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special Certificate of Deposit
Up to 4.20%APY · 2 terms
Contact bank for current rate and availability. Promotional rate may remain available after expiration date (10/27/2026). Fees or other conditions could reduce earnings on the account. A penalty may or will be imposed for early withdrawal. Certificate will automatically renew with applicable rate at time of maturity.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsOffer ends 10/27/2026. Alternative terms are not permitted | 4.06% | $201 |
| 12 monthsOffer ends 10/27/2026. Alternative terms are not permitted | 4.20% | $420 |
Sources (1)
- bankprospect.com/2026-cd-special · captured Sep 25, 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.