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Best Banks & Checking Accounts in Chicago, Illinois - April 2026

Content reviewed by
Brian McKay Brian McKay
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Brian McKay

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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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| i Editorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Checking Account Rates — Last Updated and Verified: April 19, 2026

The best checking rates for Chicago, Illinois include NuMark Credit UnionNuMark Credit Union3040 S Halsted St, Chicago, IL 60608A5.0 ★Texas Ratio: 9.18% Ultimate High Yield Checking at 5.50% APY, Waterman BankWaterman Bank1747 W North Ave, Chicago, IL 60622A+5.0 ★Texas Ratio: 3.95% Checking at 0.75% APY, Metropolitan Capital B&TMetropolitan Capital B&T9 E Ontario St, Chicago, IL 60611C3.9 ★Texas Ratio: 28.57% Interest Bearing Checking (IBC)* at 0.50% APY, Chicago Firefighters Credit UnionChicago Firefighters Credit Union6230 S Central Ave, Chicago, IL 60638A+5.0 ★Texas Ratio: 0.52% Share Draft (Checking) at 0.50% APY, and American Airlines Federal Credit UnionAmerican Airlines Federal Credit UnionOHare International Airport, Chicago, IL 60666A+5.0 ★Texas Ratio: 2.63% Priority Checking at 0.40% APY. Checking account rates as of April 19, 2026 according to verified data from MonitorBankRates.

Chicago has 20 local institutions in our database, with checking rates as high as 5.50% APY from NuMark Credit Union at 3040 S Halsted St, Chicago, IL, 60608. Use the tabs below to compare all available checking account types. Rates are continually updated — we recommend checking back frequently.

Checking account rates reflect recent market quotes and representative offers available to depositors in Chicago, Illinois. Checking Account Rates Last Updated and Verified: April 19, 2026

Compare Checking Account Rates Today in Chicago, Illinois & the Surrounding Area

Institutions:
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St
Chicago, IL 60608
Ultimate High Yield Checking
5.50%
$0
View
▼
Rate5.35%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

Qualifying balance up to $25,000.00

Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
1747 W North Ave
Chicago, IL 60622
Checking
0.75%
$50
View
▼
Rate0.75%
Min Deposit$50
Min Balance—
UpdatedApr 16, 2026
Details

Qualifications Required

Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St
Chicago, IL 60611
Interest Bearing Checking (IBC)*
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Chicago Firefighters Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.52%
6230 S Central Ave
Chicago, IL 60638
Share Draft (Checking)
0.50%
$25
View
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St
Chicago, IL 60611
Interest Bearing Checking (IBC)*
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

American Airlines Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.63%
OHare International Airport
Chicago, IL 60666
Priority Checking
0.40%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

American Airlines Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.63%
OHare International Airport
Chicago, IL 60666
Flagship Checking
0.25%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St
Chicago, IL 60611
Interest Bearing Checking (IBC)*
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Capital Interest Checking
0.25%
$50
View
▼
Rate0.25%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Community Savings Bank Chicago, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
4801 W Belmont Ave
Chicago, IL 60641
Simple Checking with Interest
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedApr 3, 2026
Details

No additional details provided.

American Metro Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
4878 N Broadway St
Chicago, IL 60640
NOW Checking
0.10%
$300
View
▼
Rate0.10%
Min Deposit$300
Min Balance—
UpdatedApr 3, 2026
Details

No additional details provided.

American Metro Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
4878 N Broadway St
Chicago, IL 60640
Senior Checking
0.10%
$100
View
▼
Rate0.10%
Min Deposit$100
Min Balance—
UpdatedApr 3, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Capital Interest Checking
0.10%
$50
View
▼
Rate0.10%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

American Metro Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
4878 N Broadway St
Chicago, IL 60640
Not-for-Profit Checking
0.10%
$1,000
View
▼
Rate0.10%
Min Deposit$1,000
Min Balance—
UpdatedApr 3, 2026
Details

No additional details provided.

Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St
Chicago, IL 60611
Interest Bearing Checking (IBC)*
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Capital Interest Checking
0.05%
$50
View
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Justice Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.17%
2111 W Roosevelt Rd Ste 194
Chicago, IL 60608 1128
Checking
0.05%
$25
View
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedApr 17, 2026
Details

No additional details provided.

Policemens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.46%
4100 W 76TH ST
CHICAGO, IL 60652 5600
Premier Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

ELCA Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.56%
8765 W Higgins Rd
Chicago, IL 60631
Checking Account
0.05%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

AVG Daily Balances of $2,500 + Direct Deposit Earn

Old Second National Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.61%
6400 W North Ave
Chicago, IL 60707
Premier Plus Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St
Chicago, IL 60608
Ultimate High Yield Checking
5.50%
$0
View
▼
Rate5.35%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

Qualifying balance up to $25,000.00

Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St
Chicago, IL 60611
Interest Bearing Checking (IBC)*
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St
Chicago, IL 60611
Interest Bearing Checking (IBC)*
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Capital Interest Checking
0.25%
$50
View
▼
Rate0.25%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St
Chicago, IL 60611
Interest Bearing Checking (IBC)*
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Community Savings Bank Chicago, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
4801 W Belmont Ave
Chicago, IL 60641
Simple Checking with Interest
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedApr 3, 2026
Details

No additional details provided.

Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St
Chicago, IL 60611
Interest Bearing Checking (IBC)*
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Capital Interest Checking
0.10%
$50
View
▼
Rate0.10%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Old Second National Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.61%
6400 W North Ave
Chicago, IL 60707
Premier Plus Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Capital Interest Checking
0.05%
$50
View
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Capital Interest Checking
0.03%
$50
View
▼
Rate0.03%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Old Second National Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.61%
6400 W North Ave
Chicago, IL 60707
Premier Plus Checking
0.02%
$5,000
View
▼
Rate0.02%
Min Deposit$5,000
Min Balance—
UpdatedMar 28, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Capital Interest Checking
0.02%
$50
View
▼
Rate0.02%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Credit Union 1 Credit Union Rantoul, IL
Institution Rating:
A5.0 ★ Texas Ratio: 8.23%
828 S Wolcott Ave Rm 120N
Chicago, IL 60612
Plus Checking Account
0.01%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave
Chicago, IL 60633
Free Checking Plus Interest
0.01%
$10
View
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedApr 17, 2026
Details

Rates can change daily, Daily compounding

Credit Union 1 Credit Union Rantoul, IL
Institution Rating:
A5.0 ★ Texas Ratio: 8.23%
828 S Wolcott Ave Rm 120N
Chicago, IL 60612
Premium Plus Checking Account
0.01%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

Old Second National Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.61%
6400 W North Ave
Chicago, IL 60707
Convenience Plus Checking
0.00%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMar 28, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 2
8.00%
$0
View
▼
Rate7.72%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

Qualifying balance up to $15000

Connexus Credit Union
Institution Rating:
B-4.3 ★ Texas Ratio: 22.87%
Xtraordinary Checking
4.50%
$0
View
▼
Rate4.41%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

Gas and Electric Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.44%
Green2 Checking
4.50%
$0
View
▼
Rate4.41%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

Qualifying balance up to $15,000.00

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Peoples Bank of Kankakee County
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
RewardsPLUS Checking
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details

Qualifications Required; Qualifying balance up to $10,000

First Federal S&L of Central Illinois, S.B.
Institution Rating:
A5.0 ★ Texas Ratio: 10.33%
Rewards Checking
2.02%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

State Bank Waterloo, IL
Institution Rating:
B4.6 ★ Texas Ratio: 20.21%
Cash Rewards Checking
1.75%
$50
View
▼
Rate1.74%
Min Deposit$50
Min Balance—
UpdatedApr 16, 2026
Details

Qualifying balance up to $10,000

Bank of Herrin
Institution Rating:
B+4.8 ★ Texas Ratio: 16.91%
Reward Checking
1.11%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

First Community Bank of Hillsboro
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
Rewards Checking
1.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

Qualifying balance up to $10,000

Peoples Bank of Kankakee County
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Rewards Checking
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details

Qualifications Required; Qualifying balance up to $15,000.00

Flora Bank & Trust
Institution Rating:
A+5.0 ★ Texas Ratio: 1.98%
First Reward Checking
0.15%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Community Savings Bank Chicago, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
4801 W Belmont Ave
Chicago, IL 60641
Simple Checking with Interest
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedApr 3, 2026
Details

No additional details provided.

First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave
Chicago, IL 60633
Free Checking Plus Interest
0.01%
$10
View
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedApr 17, 2026
Details

Rates can change daily, Daily compounding

Mutual Federal Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.39%
2212 W Cermak Rd
Chicago, IL 60608
Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

No additional details provided.

Old Second National Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.61%
6400 W North Ave
Chicago, IL 60707
Convenience Plus Checking
0.00%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMar 28, 2026
Details

No additional details provided.

First Federal S&L of Central Illinois, S.B.
Institution Rating:
A5.0 ★ Texas Ratio: 10.33%
Free Checking with Interest
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Eureka Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.10%
Essential Plus Checking
0.10%
$2,500
View
▼
Rate0.10%
Min Deposit$2,500
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

BankChampaign
Institution Rating:
A+5.0 ★ Texas Ratio: 3.35%
Lifetime Free NOW Checking
0.05%
$300
View
▼
Rate0.05%
Min Deposit$300
Min Balance—
UpdatedApr 17, 2026
Details

No daily balance required to earn interest

Central Federal SLA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.92%
Basic Checking
0.02%
$200
View
▼
Rate0.02%
Min Deposit$200
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Central Federal SLA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.92%
Totally FREE Checking
0.00%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

MembersAlliance Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
Free Basic Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

Land Of Lincoln Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.84%
Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

Vibrant Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 15.61%
Everyday Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave
Chicago, IL 60633
Student Checking
0.01%
$10
View
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedApr 17, 2026
Details

Rates can change daily, Daily compounding

Connexus Credit Union
Institution Rating:
B-4.3 ★ Texas Ratio: 22.87%
Teen Checking
2.00%
$0
View
▼
Rate1.99%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

Northrop Grumman Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.91%
YOUth Journey Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Citizens Bank of Chatsworth
Institution Rating:
B+4.7 ★ Texas Ratio: 18.96%
Student Checking
0.03%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedApr 2, 2026
Details

No additional details provided.

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
Student Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.68%
Student Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
1747 W North Ave
Chicago, IL 60622
Business Checking
0.50%
$50
View
▼
Rate0.50%
Min Deposit$50
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Business Checking with Interest
0.25%
$50
View
▼
Rate0.25%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

American Airlines Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.63%
OHare International Airport
Chicago, IL 60666
Business Checking
0.15%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Business Checking with Interest
0.10%
$50
View
▼
Rate0.10%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St
Chicago, IL 60642
Business Checking with Interest
0.02%
$50
View
▼
Rate0.02%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details

No additional details provided.

Credit Union 1 Credit Union Rantoul, IL
Institution Rating:
A5.0 ★ Texas Ratio: 8.23%
828 S Wolcott Ave Rm 120N
Chicago, IL 60612
Business Performance Checking
0.01%
$100
View
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

Credit Union 1 Credit Union Rantoul, IL
Institution Rating:
A5.0 ★ Texas Ratio: 8.23%
828 S Wolcott Ave Rm 120N
Chicago, IL 60612
Business Elite Checking
0.01%
$100
View
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

First National Bank in Olney
Institution Rating:
A+5.0 ★ Texas Ratio: 4.02%
Business Plus Checking
2.02%
$1,000
View
▼
Rate2.00%
Min Deposit$1,000
Min Balance—
UpdatedApr 17, 2026
Details

No additional details provided.

1st MidAmerica Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.01%
Elite Business Checking
1.92%
$0
View
▼
Rate1.90%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

1st MidAmerica Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.01%
Elite Business Checking
1.87%
$0
View
▼
Rate1.85%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

1st MidAmerica Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.01%
Elite Business Checking
1.81%
$0
View
▼
Rate1.80%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

First National Bank in Olney
Institution Rating:
A+5.0 ★ Texas Ratio: 4.02%
Business Plus Checking
1.51%
$1,000
View
▼
Rate1.50%
Min Deposit$1,000
Min Balance—
UpdatedApr 17, 2026
Details

No additional details provided.

Flanagan State Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.36%
Premier Business Checking
1.50%
$10,000
View
▼
Rate1.49%
Min Deposit$10,000
Min Balance—
UpdatedApr 16, 2026
Details

Minimum Deposit to Open and Obtain APY*: $50,000 and Over

Camp Grove State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.93%
High Performance Checking - Public/Org., Business
1.39%
$0
View
▼
Rate1.38%
Min Deposit$0
Min Balance—
UpdatedApr 3, 2026
Details

$100,000 and above

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Business Interest Checking
1.35%
$1,000
View
▼
Rate1.35%
Min Deposit$1,000
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Camp Grove State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.93%
High Performance Checking - Public/Org., Business
1.29%
$0
View
▼
Rate1.28%
Min Deposit$0
Min Balance—
UpdatedApr 3, 2026
Details

$50,000 up to $99,999.99

First National Bank in Olney
Institution Rating:
A+5.0 ★ Texas Ratio: 4.02%
Business Plus Checking
1.00%
$1,000
View
▼
Rate1.00%
Min Deposit$1,000
Min Balance—
UpdatedApr 17, 2026
Details

No additional details provided.

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Business Interest Checking
1.00%
$1,000
View
▼
Rate1.00%
Min Deposit$1,000
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

HomeBank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.58%
Business Interest Checking
1.00%
$100
View
▼
Rate1.00%
Min Deposit$100
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Vibrant Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 15.61%
Community Business Checking
1.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details

No additional details provided.

Chicago, IL Checking Rate Trends

Compare local Chicago, IL checking rate quotes against the statewide average

Daily checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Illinois Checking Trends →
High-Yield Checking — IL Avg
1.901%
Unchanged vs 7 days ago

Illinois high-yield checking rates currently average 1.901% APY.

Free Checking — IL Avg
0.662%
▲ 0.021 vs 7 days ago

Illinois free checking rates rose 0.021 points over the past 7 days to 0.662% APY.

As of Apr 19, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Chicago, Illinois directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Chicago, Illinois. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in IL.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.

Frequently Asked Questions

Do checking accounts in Chicago, Illinois earn interest?

Most traditional local checking accounts in Chicago, Illinois earn 0% interest. However, High-Yield Checking or Rewards Checking accounts from online banks and select local credit unions can pay interest rates comparable to savings accounts.

Are banks in Chicago, Illinois FDIC insured?

Yes. Legitimate banks with branches in Chicago, Illinois are FDIC insured up to $250,000 per depositor. Local Credit Unions are similarly insured by the NCUA.

What fees should I watch out for?

Common fees include Monthly Maintenance Fees (often waivable with direct deposit), Overdraft Fees, and Out-of-Network ATM fees. We recommend looking for “Free Checking” accounts that explicitly state no monthly fees.

What is a Rewards Checking account?

Rewards Checking accounts (sometimes called Kasasa accounts) offer high interest rates or cash back on debit card purchases in exchange for meeting monthly requirements like a minimum number of debit card transactions, direct deposit enrollment, or e-statement signup.

Best Checking Rates in Chicago, Illinois

Based on our current data, some of the highest checking account APYs available to residents of Chicago, Illinois include:
  • NuMark Credit Union
    Ultimate High Yield Checking — 5.50% APY
  • Waterman Bank
    Checking — 0.75% APY
  • Metropolitan Capital B&T
    Interest Bearing Checking (IBC)* — 0.50% APY
  • Chicago Firefighters Credit Union
    Share Draft (Checking) — 0.50% APY
  • American Airlines Federal Credit Union
    Priority Checking — 0.40% APY
Checking Account Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Chicago, Illinois. Your final available rate may depend on qualifying activity and daily market movements. Last Updated and Verified: April 19, 2026

Chicago, Illinois Rates & Resources

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