Savings/Money Market/CDs

There’s nothing more rewarding than making your money work for you! And when you open an Illinois Bank & Trust savings account, you can rest assured your money will work hard, earning a very competitive return rate while being insured by the Federal Deposit Insurance Corporation (FDIC). 

Statement Savings

This traditional savings account comes with a very competitive rate and requires an initial deposit of $100. Once opened, your interest is compounded and credited monthly with statements issued quarterly.

High-Yield Savings

This high-yield savings product allows you to get the most out of your investment. Opened with a $10,000 initial deposit, this account includes tiered interest and monthly statements.

Money Market Accounts

Enjoy the freedom of writing up to six checks per month while earning competitive interest rates. With our Money Market accounts, you’ll receive an easy-to-read statement of your account activity each month.

Premium Money Market

Opened with an initial deposit of $25,000, this account comes with the benefits of free Online Banking; free 24-hour telephone banking with Answer Line; and withdrawals, deposits, and transfers at all Illinois Bank & Trust ATMs. In addition, you will earn competitive tiered interest rates on high balances with special rates on balances of $1,000,000 and above.

Certificates of Deposit

This flexible account comes with a variety of terms available and can be opened with an initial deposit of $1,000.* Additional conveniences include a combined statement, the ability to view your account 24/7 via Online Banking and free 24-hour telephone banking with Answer Line.

*Does not apply to promotional specials


With the Certificate of Deposit Account Registry Service®, we can allow investors to deposit up to $30 million while remaining eligible for the security of FDIC insurance on every dollar. Your money is placed into CDs with denominations under $250,000, which are issued by other participating banks. You even have the freedom to identify banks where you do not wish your money to be placed and to review the list of institutions where CDARS proposes to place your deposits. On top of having your finances insured, this program has additional benefits:

  • CD-level rates : Your deposits earn returns that may compare favorably to those associated with other investment options.
  • Convenience : By working with us, you earn one interest rate and one regular statement covering your entire deposit. You’ll never have to track interest disbursement from various sources or manually consolidate account statements.
  • Privacy : Your CDs placed at other banks are identified by a tracking number only, and your personal information is protected.
  • Community investment : Your deposits can support lending opportunities that foster a stronger community.

Private investors, corporations, small businesses, nonprofit organizations and public sector groups can all take advantage of this unique, advantageous service.

CDARS and the Certified Deposit Account Registry Service are service marks of Promontory Interfinancial Network, LLC.

Individual Retirement Accounts

An Individual Retirement Account offers you a sure way to save for a comfortable retirement and is also a valuable tax-planning tool. Transfer funds from a previous employer’s retirement plan into a Certificate of Deposit or a Traditional, Roth or Education IRA to meet your investment needs.