Illinois bank's interest rate on savings accounts set at 0.005% as of Dec 31

Mario Treto, Jr. Secretary at Illinois Department of Financial and Professional Regulation | LinkedIn

By Prairie State Wire

Jan 6, 2025

The Illinois Department of Financial and Professional Regulation, Division of Banking has announced the interest rate paid by the largest commercial bank in Illinois. As of December 31, 2024, this rate on minimum deposit savings accounts was recorded at 0.005%, with an Annual Percentage Yield (APY) of 0.01%.

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Illinois Department of Financial and Professional Regulation

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