July 25th, 2007
Updated 1/3/08.? American Eagle Bank?of Chicago?no longer has a high Money Market Rate promotion.? However, their sister bank in Elgin does.? AME of Chicago does have a 7-mo CD special at 5.00% APY, which is pretty good these days.? It is only available for residents in the Chicago Area.?
The FDIC# is 58514 and they were established in April 2007.? The website is here: American Eagle Bank
Keep in mind there is a second American Eagle Bank in IL with a seperate FDIC# (57359).? They are a sister bank and both can be reached from the same site.? However, the specials are independent of each other.?? American Eagle Bank of South Elgin has a money market promotion at 4.25% APY.
-- By +Chris Duncan