Deposit & Loan Rates

Rates current as of March 4, 2014

APY = Annual Percentage Yield. Fees may reduce earnings.

We keep our rates posted for our customers, but they are subject to change at any time. When in doubt, please contact us to obtain current information.

What rate may we help you with today:

Savings & Checking | CD | IRA | Business | Loans | Auto & Motorcycle | RV, Watercraft & ATV | Home Equity Line of Credit (HELOC) | Mortgage Loans

Savings & Checking Rates

TypeMinimum Opening DepositRateAPY
Illini Premier$100.000.11%0.11%
Basic Savings$100.000.11%0.11%
Health Savings Account$100.000.11%0.11%
Premier Money Market
up to $9,999$100.000.01%0.01%
$10,000 - $24,999.990.21%0.21%
$25,000 - $49,999.990.26%0.26%
$50,000 - $249,999.990.33%0.33%
$250,000 and up0.43%0.43%
Freedom Rewards*$100.000.33%0.33%

To earn rewards, each monthly qualification cycle:

  • Have at least 10 check card purchases post and settle
  • Have at least 1 direct deposit post and settle
  • Be enrolled and receive eStatement notice
  • Be enrolled and log into online banking

CD Rates

We post our rates as a convenience to our customers in making financial decisions. Feel free to contact us with questions or to open an account.

TypeMinimum Opening DepositRateAPY¹
3 Month$1,000.000.10%0.10%
6 Month$1,000.000.16%0.16%
12 Month$1,000.000.26%0.26%
18 Month$1,000.000.36%0.36%
24 Month$1,000.000.50%0.50%
36 Month$1,000.000.75%0.75%
48 Month$1,000.000.90%0.90%
60 Month$1,000.001.25%1.26%

¹ APY (Annual Percentage Yield) and rates are subject to change without notice.

Fees may reduce earnings.

A penalty may be imposed for early withdrawal.

Certain restrictions and conditions may apply.

IRA Rates

We post our rates as a convenience to our customers in making financial decisions. Feel free to contact us with questions or to open an account.

TypeMinimum Opening DepositRateAPY ¹
12 Month Traditional$1,000.000.50%0.50%
24 Month Traditional$1,000.000.55%0.55%
36 Month Traditional$1,000.000.60%0.60%
48 Month Traditional$1,000.000.65%0.65%
12 Month SEP$1,000.000.50%0.50%
24 Month SEP$1,000.000.55%0.55%
36 Month SEP$1,000.000.60%0.60%
48 Month SEP$1,000.000.65%0.65%
12 Month Roth$1,000.000.50%0.50%
24 Month Roth$1,000.000.55%0.55%
36 Month Roth$1,000.000.60%0.60%
48 Month Roth$1,000.000.65%0.65%
12 Month Coverdell$1,000.000.50%0.50%
24 Month Coverdell$1,000.000.55%0.55%
36 Month Coverdell$1,000.000.60%0.60%
48 Month Coverdell$1,000.000.65%0.65%

¹ APY (Annual Percentage Yield) and rates are subject to change without notice.

Fees may reduce earnings.

A penalty may be imposed for early withdrawal.

Certain restrictions and conditions may apply.

Business Rates

We post our rates as a convenience to our customers in making financial decisions. Realize that rates are subject to change without notice. Feel free to contact us with questions or to open an account.

TypeMinimum Opening DepositRateAPY ¹
Illini Premier Business $100.000.11%0.11%
Basic Business Savings$100.000.11%0.11%
Premier Business Money Market
up to $9,9990.01%0.01%
$10,000 - $24,999.990.21%0.21%
$25,000 - $49,999.990.26%0.26%
$50,000 - $499,999.990.33%0.33%
$500,000 and up0.43%0.43%

¹ APY (Annual Percentage Yield) and rates are subject to change without notice.

Fees may reduce earnings.

Loan Rates: Personal & Unsecured

We post our rates as a convenience to our customers in making financial decisions. Realize that rates are subject to change without notice. Feel free to contact us with questions or to open an account.

AmountTermRateAPR ¹
$5,000.00 or less24 Months13.00%15.00%
Above $5,000.0036 Months13.50%15.50%

¹ APY = Annual Percentage Yield

Rates may be decreased by .25% for customers with auto debit

Auto Rates

Model YearTermRateAPR ¹
2014 and newer36/48 Months3.66%4.302%
2014 and newer60 Months3.66%4.056%
2014 and newer72 Months4.25%4.585%
201348 Months4.00%4.492%
201360 Months4.25%4.684%
201236 Months4.25%4.897%
201248 Months4.50%4.992%
201136 Months4.75%5.399%
201148 Months5.00%5.495%
201024 Months4.75%5.702%
201036 Months5.00%5.650%
200924 Months5.00%5.953%

¹ APR (Annual Percentage Rate) based on a loan amount of $15,000.00, stated term above and the following fees: $50.00 Documentation Fee.

Rates subject to change based on credit score and other variables.

Add .25% to stated Rate above based on 90% LTV. 90% LTV offered to highly qualified borrowers only.

Rate may be decreased by .25% for customers with auto debit.

RV, Watercraft & ATV Rates

Model YearTermRateAPR ¹
2014 and newer36/48 Months5.66%6.312%
2014 and newer60 Months5.66%6.064%
2014 and newer72 Months6.25%6.593%
201348 Months6.00%6.498%
201360 Months6.25%6.655%
201236 Months6.25%6.905%
201248 Months6.50%7.001%
201136 Months6.75%7.406%
201148 Months7.00%7.502%
201024 Months6.75%7.710%
201036 Months7.00%7.657%
200924 Months7.00%7.961%

¹ APR (Annual Percentage Rate) based on a loan amount of $15,000.00, stated term above and the following fees: $25.00 Documentation Fee.

Rates subject to change based on credit score and other variables.

Add .25% to stated Rate above based on 100% LTV. 100% LTV offered to highly qualified borrowers only.

Rates may be decreased by .25% for customers with auto debit. This does not apply to specials.

Home Equity Line of Credit

TypeCredit ScoreLoan to Value (LTV)Rate
Index
Rate Floor/
Rate Ceiling
Special (No Loan Exceptions)700+85% or Less (Note 1)WSJP + 0.50%4.00%/17.00%
LTV Special (No Loan Exceptions)700+85.01% - 90% (Note 2)WSJP + 0.75%5.00%/17.00%
Standard Rates700+85% or Less (Note 1)WSJP + 0.50%5.00%/17.00%
640 - 69985% or Less (Note 1)WSJP + 0.75%5.00%/17.00%
Under 63985% or Less (Note 1)WSJP + 1.00%5.00%/17.00%

Note 1: First mortgage must be financed with Illini Bank for 85% LTV, otherwise 80% LTV applies.

¹ T The Annual Percentage Rate (APR) will be variable at the Wall Street Journal Prime (WSJP) Rate which is currently 3.25% plus respective spread. The special rate offer is only available to highly qualified borrowers with no loan exceptions. The APR on variable rate lines may increase or decrease but will not exceed the ceiling rate or go below the floor rate at any time during the term of the plan. This offer cannot be combined with any other discounts. Property and flood insurance is requires. Subject to credit qualifications. Minimum credit line of $5,000.00. Consult your tax adviser regarding the deductibility of interest. An early termination fee of $350.00 will be charge if the account closes within 36 months. If a borrower chose to make only the minimum monthly payment on a $10,000.00 advance paid off over 7 years at an APR of 5.00% it would result in payments of 1% of the outstanding balance, yet never less than $100.00. Your Credit Line Account is payable in full upon maturity in a single balloon payment. You must pay the entire outstanding principal, interest and any other charges then due. For Primary residence only.

Mortgage Loans

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