Amcore Bank CD Rates in IL and WI

Amcore bank has some decent cd rates currently. Two promotion deals for 4% APY for 39 months and 3.50% APY for 10 months. If you do not have a checking account with direct deposit you will be investing $25,000. If you do have a checking or savings account with Amcore bank then you will only have to invest $10,000. This bank promotion is probably only good till Thursady as reported on by another cd rates blog.

There are multiple locations in Illinois if you are interested in investing. the cities where branches are located are Princeton, Chicago, Dixon, Belvidere,  Schaumburg, Wheaton, Elgin, Aurora, Peru, Lincolnshire,  Oregon, Freeport, Sterling, Joliet and Rockford. If you are living in Wisconsin, then there are several cities which Amcore bank branches are located including Portage,  Monroe, Darlington, Wauwatosa and Baraboo.

Bankrate doesn’t give to great a rating for Amcore Bank, so you might want to decide if this is a good move for you as an investment. Bank CD rates have lost there touch for 2008, and 2009 forecast for high cd rates are not looking as great as they could be. If you are locked in to a long term Bank CD from 2008, then you are probably pretty happy with what you are seeing as current rates.