CenTrust Bank
CenTrust Bank is a small bank headquartered in Northbrook, IL. The bank operates 1 branch in 1 state (Illinois). CenTrust Bank has deposits of $114.0 million, and was established in April 2006.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Chartered CD, Standard CD, Jumbo CD, Business MMA, Centrust MMA, Executive Savings, CenTrust Preferred 50 and NOW Checking.
Current CenTrust Bank Rates
| Name | Term | APY | Min Deposit | |
| Chartered CD | 1 month | 0.35 % | $500 | |
| 2 months | 0.40 % | $500 | ||
| 3 months | 0.40 % | $500 | ||
| 6 months | 0.50 % | $500 | ||
| 1 year | 0.55 % | $500 | ||
| 18 months | 0.70 % | $500 | ||
| 2 years | 0.85 % | $500 | ||
| 3 years | 1.10 % | $500 | ||
| 4 years | 1.35 % | $500 | ||
| 5 years | 1.50 % | $500 | ||
| Standard CD | 1 month | 0.10 % | $500 | |
| 2 months | 0.15 % | $500 | ||
| 3 months | 0.15 % | $500 | ||
| 6 months | 0.25 % | $500 | ||
| 1 year | 0.30 % | $500 | ||
| 18 months | 0.45 % | $500 | ||
| 2 years | 0.60 % | $500 | ||
| 3 years | 0.85 % | $500 | ||
| 4 years | 1.10 % | $500 | ||
| 5 years | 1.25 % | $500 | ||
| Jumbo CD | 1 month | 0.15 % | $100,000 | |
| 2 months | 0.20 % | $100,000 | ||
| 3 months | 0.20 % | $100,000 | ||
| 6 months | 0.30 % | $100,000 | ||
| 1 year | 0.35 % | $100,000 | ||
| 18 months | 0.50 % | $100,000 | ||
| 2 years | 0.65 % | $100,000 | ||
| 3 years | 0.90 % | $100,000 | ||
| 4 years | 1.15 % | $100,000 | ||
| 5 years | 1.30 % | $100,000 | ||
| Jumbo Chartered CD | 1 month | 0.40 % | $500 | |
| 2 months | 0.45 % | $500 | ||
| 3 months | 0.45 % | $500 | ||
| 6 months | 0.55 % | $500 | ||
| 1 year | 0.60 % | $500 | ||
| 18 months | 0.75 % | $500 | ||
| 2 years | 0.90 % | $500 | ||
| 3 years | 1.15 % | $500 | ||
| 4 years | 1.40 % | $500 | ||
| 5 years | 1.55 % | $500 | ||
| IRA CD | 1 month | 0.10 % | $500 | |
| 2 months | 0.15 % | $500 | ||
| 3 months | 0.15 % | $500 | ||
| 6 months | 0.25 % | $500 | ||
| 1 year | 0.30 % | $500 | ||
| 18 months | 0.45 % | $500 | ||
| 2 years | 0.60 % | $500 | ||
| 3 years | 0.85 % | $500 | ||
| 4 years | 1.10 % | $500 | ||
| 5 years | 1.25 % | $500 | ||
| Business CD | 1 month | 0.10 % | $1,000 | |
| 2 months | 0.15 % | $1,000 | ||
| 3 months | 0.15 % | $1,000 | ||
| 6 months | 0.25 % | $1,000 | ||
| 1 year | 0.30 % | $1,000 | ||
| 18 months | 0.45 % | $1,000 | ||
| 2 years | 0.60 % | $1,000 | ||
| 3 years | 0.85 % | $1,000 | ||
| 4 years | 1.10 % | $1,000 | ||
| 5 years | 1.25 % | $1,000 |
About CenTrust Bank
In 2005, a group of bankers and local community leaders decided to organize a bank with the focused vision to deliver exceptional service to business and personal banking customers. The bank would employ experienced and dedicated people and make the extra effort to know its customers and their needs. In addition, the organizers of the bank decided to offer local individuals an opportunity to invest in the bank through a private offering of stock. The offering was closed on February 28, 2006 with over $20 million in subscriptions received.
The vision became a reality when CenTrust Bank opened for business on April 14, 2006 and immediately began servicing the needs of the local community out of their temporary quarters at 400 Lake Cook Road, Deerfield, Illinois. The Bank opened with a staff of seven people and immediately began taking in deposits and making loans. In the summer of 2008, the Bank moved to its permanent location at 385 Waukegan Road, Northbrook, Illinois.
From the beginning, the focus of the organizers and hence the Bank has been on the customer, which is necessary in order to achieve the Bank's Vision. The Bank's Values are part of the Bank's effort to provide a favorable work environment to attract and retain outstanding employees that foster and support the focus on the customer.