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

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

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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: March 21, 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, Republic Bank of ChicagoRepublic Bank of Chicago2720 W Devon Ave, Chicago, IL 60659A+5.0 ★Texas Ratio: 4.71% Choice Checking at 2.00% APY, First American BankFirst American Bank5000 N Elston Ave, Chicago, IL 60630A+5.0 ★Texas Ratio: 1.73% Everyday Rewards Checking at 1.00% APY, First Northern Credit UnionFirst Northern Credit Union230 W Monroe St, Chicago, IL 60606A+5.0 ★Texas Ratio: 5.76% Advantage Checking at 1.00% APY, and Waterman BankWaterman Bank1747 W North Ave, Chicago, IL 60622A+5.0 ★Texas Ratio: 3.95% Checking at 0.75% APY.

Looking for the best checking accounts in Chicago, Illinois? You have two main choices: convenient local branches or high-yield online accounts.

The tables below compare the top rates available to residents of Chicago, Illinois, featuring both local banks and credit unions near you.

Checking account rates reflect recent market quotes and representative offers available to depositors in Chicago, Illinois. Checking Account Rates Last Updated and Verified: March 21, 2026

Chicago, IL Checking Rate Trends

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

Weekly 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
0.514%
▲ 0.377 from last week

Illinois high-yield checking rates rose 0.377 points this week to 0.514% APY, up from 0.138% last week.

Rewards Checking — IL Avg
2.061%
▲ 0.617 from last week

Illinois rewards checking rates rose 0.617 points this week to 2.061% APY, up from 1.444% last week.

As of Mar 21, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

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%
$50
View
▼
Rate5.35%
Min Deposit$50
Min Balance—
UpdatedMar 15, 2026
Details

Qualifying balance up to $25,000.00

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave
Chicago, IL 60659
Choice Checking
2.00%
$25
View
▼
Rate1.98%
Min Deposit$25
Min Balance—
UpdatedMar 17, 2026
Details

Minimum deposit to open: $25; Online Only; Other terms and conditions may apply1.

First American Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.73%
5000 N Elston Ave
Chicago, IL 60630
Everyday Rewards Checking
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifying balance up to $15,000.00

NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St
Chicago, IL 60608
Ultimate High Yield Checking
1.00%
$50
View
▼
Rate1.00%
Min Deposit$50
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

First Northern Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.76%
230 W Monroe St
Chicago, IL 60606
Advantage Checking
1.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

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—
UpdatedMar 17, 2026
Details

Qualifications Required

Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
1747 W North Ave
Chicago, IL 60622
Checking Account
0.75%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMar 17, 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—
UpdatedMar 20, 2026
Details

No additional details provided.

Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
1747 W North Ave
Chicago, IL 60622
Checking Account
0.50%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMar 17, 2026
Details

No minimums or additional requirements

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—
UpdatedMar 20, 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—
UpdatedMar 20, 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 20, 2026
Details

No additional details provided.

First American Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.73%
5000 N Elston Ave
Chicago, IL 60630
Advantage Checking
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 18, 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—
UpdatedMar 18, 2026
Details

No additional details provided.

First American Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.73%
5000 N Elston Ave
Chicago, IL 60630
Advantage Checking
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

CIBC
Institution Rating:
A+5.0 ★ Texas Ratio: 2.97%
3040 W 111th Street
Chicago, IL 60655
myChoice Prestige Checking
0.10%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMar 17, 2026
Details

Get up to $50 per month in ATM refunds; Earn a $200 bonus

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave
Chicago, IL 60659
Republic Platinum Checking with BaZing
0.10%
$25
View
▼
Rate0.10%
Min Deposit$25
Min Balance—
UpdatedMar 17, 2026
Details

Minimum Deposit to Open: $25; Minimum balance to avoid fee: A maintenance fee of $10.00 will be imposed every statement cycle unless you maintain a minimum average daily balance of $1,500.00 for the monthly statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. ; Other terms and conditions may apply1.

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—
UpdatedMar 17, 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—
UpdatedMar 17, 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—
UpdatedMar 17, 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%
$50
View
▼
Rate5.35%
Min Deposit$50
Min Balance—
UpdatedMar 15, 2026
Details

Qualifying balance up to $25,000.00

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave
Chicago, IL 60659
Choice Checking
2.00%
$25
View
▼
Rate1.98%
Min Deposit$25
Min Balance—
UpdatedMar 17, 2026
Details

Minimum deposit to open: $25; Online Only; Other terms and conditions may apply1.

NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St
Chicago, IL 60608
Ultimate High Yield Checking
1.00%
$50
View
▼
Rate1.00%
Min Deposit$50
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

First American Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.73%
5000 N Elston Ave
Chicago, IL 60630
Everyday Rewards Checking
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifying balance up to $15,000.00

First Northern Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.76%
230 W Monroe St
Chicago, IL 60606
Advantage Checking
1.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 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)*
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 20, 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—
UpdatedMar 20, 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—
UpdatedMar 20, 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 20, 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—
UpdatedMar 18, 2026
Details

No additional details provided.

First American Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.73%
5000 N Elston Ave
Chicago, IL 60630
Advantage Checking
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

First American Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.73%
5000 N Elston Ave
Chicago, IL 60630
Advantage Checking
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMar 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)*
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave
Chicago, IL 60659
Republic Platinum Checking with BaZing
0.10%
$25
View
▼
Rate0.10%
Min Deposit$25
Min Balance—
UpdatedMar 17, 2026
Details

Minimum Deposit to Open: $25; Minimum balance to avoid fee: A maintenance fee of $10.00 will be imposed every statement cycle unless you maintain a minimum average daily balance of $1,500.00 for the monthly statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. ; Other terms and conditions may apply1.

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 20, 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 20, 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 20, 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 20, 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 20, 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 20, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
First American Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.73%
5000 N Elston Ave
Chicago, IL 60630
Everyday Rewards Checking
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifying balance up to $15,000.00

1st MidAmerica Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.01%
731 E Bethalto Dr
Bethalto, IL 62010
High Interest Reward Checking
5.00%
$0
View
▼
Rate4.88%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

Qualifications Required; Qualifying balance up to $10,000.00

Community National Bank in Monmouth
Institution Rating:
A5.0 ★ Texas Ratio: 10.97%
311 N Main St
Monmouth, IL 61462
REAL Rewards Checking
5.00%
$100
View
▼
Rate5.00%
Min Deposit$100
Min Balance—
UpdatedMar 18, 2026
Details

Qualifications Required; Qualifying balance up to $200.00

First National B&T Co. Clinton, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.62%
2 Kelli Ct
Clinton, IL 61727
Cash Back Checking
3.50%
$0
View
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifying balance up to $8.75

FNB Of Nokomis
Institution Rating:
A5.0 ★ Texas Ratio: 8.75%
106 N Main St
Moweaqua, IL 62550
Rewards Checking
3.05%
$1
View
▼
Rate3.00%
Min Deposit$1
Min Balance—
UpdatedMar 20, 2026
Details

Qualifying balance up to $25,000.00

Peoples Bank of Kankakee County
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
315 Main St Nw
Bourbonnais, IL 60914
RewardsPLUS Checking
3.00%
$100
View
▼
Rate2.96%
Min Deposit$100
Min Balance—
UpdatedMar 21, 2026
Details

Qualifications Required: Conduct 20 or more debit card purchases totaling $75 or more; Set up at least 1 direct deposit or multiple direct deposits totaling $500 or more; Enroll in eStatements; Qualifying balance up to $10,000.00; Nationwide ATM fee refunds up to $25** if qualifications are met

Central State Bank Clayton, IL
Institution Rating:
B-4.3 ★ Texas Ratio: 23.94%
175 W Quincy St
Kinderhook, IL 62345
REWARDS Checking
2.27%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifications Required; Qualifying balance up to $50,000.00

The Clay City Banking Co.
Institution Rating:
A5.0 ★ Texas Ratio: 10.38%
331 S Main St
Clay City, IL 62824
Hometown Rewards with Interest Checking
2.02%
$100
View
▼
Rate2.00%
Min Deposit$100
Min Balance—
UpdatedMar 18, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

First Federal S&L of Central Illinois, S.B.
Institution Rating:
A5.0 ★ Texas Ratio: 10.33%
800 W Lincoln Ave
Charleston, IL 61920
Rewards Checking
2.02%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

State Bank Waterloo, IL
Institution Rating:
B4.6 ★ Texas Ratio: 20.21%
885 N Illinois Route 3
Waterloo, IL 62298
Cash Rewards Checking
1.75%
$50
View
▼
Rate1.74%
Min Deposit$50
Min Balance—
UpdatedMar 21, 2026
Details

Qualifying balance up to $10,000

Bank of Herrin
Institution Rating:
B+4.8 ★ Texas Ratio: 16.91%
101 S Park Ave
Herrin, IL 62948
Reward Checking
1.11%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Abbott Laboratories Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.34%
1401 Sheridan Rd
North Chicago, IL 60064 1803
Rewards Checking
0.90%
$0
View
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Peoples Bank of Kankakee County
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
315 Main St Nw
Bourbonnais, IL 60914
Rewards Checking
0.55%
$0
View
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details

Qualifications Required; Qualifying balance up to $15,000.00

DuPage Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.96%
1515 Bond St
Naperville, IL 60563 0112
Cash Back Checking
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details

CASH BACK

Vantage Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.30%
13 Collinsville Ave
East Saint Louis, IL 62201
Rewards+ Checking
0.25%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

Qualifying balance up to $5000

Vantage Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.30%
13 Collinsville Ave
East Saint Louis, IL 62201
Vantage Rewards+ Checking
0.25%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Flora Bank & Trust
Institution Rating:
A+5.0 ★ Texas Ratio: 1.98%
1478 N Worthey St
Flora, IL 62839
First Reward Checking
0.15%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
First American Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.73%
5000 N Elston Ave
Chicago, IL 60630
Everyday Rewards Checking
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

Qualifying balance up to $15,000.00

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—
UpdatedMar 18, 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—
UpdatedMar 20, 2026
Details

Rates can change daily, Daily compounding

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 20, 2026
Details

No additional details provided.

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—
UpdatedMar 20, 2026
Details

No additional details provided.

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave
Chicago, IL 60659
Elements Basic Checking
0.00%
$25
View
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 17, 2026
Details

Minimum deposit to open: $25; Minimum balance to avoid fee: A maintenance fee of $5.00 will be imposed every statement cycle unless you maintain a minimum average daily balance of $100.00 for the monthly statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.; Other terms and conditions may apply1.

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave
Chicago, IL 60659
Republic Essential Checking
0.00%
$25
View
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 17, 2026
Details

Minimum deposit to open: $25; Minimum balance to avoid fee: A maintenance fee of $7.00 will be imposed every statement cycle unless you maintain a minimum average daily balance of $100.00 for the monthly statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.; Other terms and conditions may apply1.

First Federal S&L of Central Illinois, S.B.
Institution Rating:
A5.0 ★ Texas Ratio: 10.33%
800 W Lincoln Ave
Charleston, IL 61920
Free Checking with Interest
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

Eureka Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.10%
105 W 1st South St
Wenona, IL 61377
Essential Plus Checking
0.10%
$2,500
View
▼
Rate0.10%
Min Deposit$2,500
Min Balance—
UpdatedMar 13, 2026
Details

No additional details provided.

BankChampaign
Institution Rating:
A+5.0 ★ Texas Ratio: 3.35%
2101 S Neil St
Champaign, IL 61820
Lifetime Free NOW Checking
0.05%
$300
View
▼
Rate0.05%
Min Deposit$300
Min Balance—
UpdatedMar 17, 2026
Details

No daily balance required to earn interest

Central Federal SLA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.92%
5953 W Cermak Rd
Cicero, IL 60804
Basic Checking
0.02%
$200
View
▼
Rate0.02%
Min Deposit$200
Min Balance—
UpdatedMar 16, 2026
Details

No additional details provided.

Central Federal SLA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.92%
5953 W Cermak Rd
Cicero, IL 60804
Totally FREE Checking
0.00%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMar 16, 2026
Details

No additional details provided.

MembersAlliance Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
2550 S Alpine Rd
Rockford, IL 61108 7813
Free Basic Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Land Of Lincoln Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.84%
3130 E Mound Rd
Decatur, IL 62526
Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Vibrant Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 15.61%
4400 16th St
Moline, IL 61265
Everyday Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 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—
UpdatedMar 20, 2026
Details

Rates can change daily, Daily compounding

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave
Chicago, IL 60659
Student Checking
0.00%
$25
View
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 17, 2026
Details

Minimum deposit to open: $25; No minimum balance requirement; No monthly maintenance fee; Other terms and conditions may apply1.

Connexus Credit Union
Institution Rating:
B-4.3 ★ Texas Ratio: 22.87%
1980 National Blvd
Galesburg, IL 61401
Teen Checking
2.00%
$0
View
▼
Rate1.99%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Northrop Grumman Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.91%
600 Hicks Rd
Rolling Meadows, IL 60008 1015
YOUth Journey Checking
0.05%
$25
View
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.68%
730 Engineering Ave
Springfield, IL 62703
Student Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
1011 River Oaks Dr
Calumet City, IL 60409
Student Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 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—
UpdatedMar 17, 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 20, 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 20, 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 20, 2026
Details

No additional details provided.

First National Bank in Olney
Institution Rating:
A+5.0 ★ Texas Ratio: 4.02%
203 W Main St
Oblong, IL 62449
Business Plus Checking
2.02%
$1,000
View
▼
Rate2.00%
Min Deposit$1,000
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

1st MidAmerica Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.01%
731 E Bethalto Dr
Bethalto, IL 62010
Elite Business Checking
1.92%
$0
View
▼
Rate1.90%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

1st MidAmerica Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.01%
731 E Bethalto Dr
Bethalto, IL 62010
Elite Business Checking
1.87%
$0
View
▼
Rate1.85%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

1st MidAmerica Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.01%
731 E Bethalto Dr
Bethalto, IL 62010
Elite Business Checking
1.81%
$0
View
▼
Rate1.80%
Min Deposit$0
Min Balance—
UpdatedMar 17, 2026
Details

No additional details provided.

First National Bank in Olney
Institution Rating:
A+5.0 ★ Texas Ratio: 4.02%
203 W Main St
Oblong, IL 62449
Business Plus Checking
1.51%
$1,000
View
▼
Rate1.50%
Min Deposit$1,000
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Flanagan State Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.36%
301 W Falcon Hwy
Flanagan, IL 61740
Premier Business Checking
1.50%
$10,000
View
▼
Rate1.49%
Min Deposit$10,000
Min Balance—
UpdatedMar 20, 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%
26 Main Street
Camp Grove, IL 61424
High Performance Checking - Public/Org., Business
1.39%
$0
View
▼
Rate1.38%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

$100,000 and above

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St
Mascoutah, IL 62258
Business Interest Checking
1.35%
$1,000
View
▼
Rate1.35%
Min Deposit$1,000
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

Camp Grove State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.93%
26 Main Street
Camp Grove, IL 61424
High Performance Checking - Public/Org., Business
1.29%
$0
View
▼
Rate1.28%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

$50,000 up to $99,999.99

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St
Mascoutah, IL 62258
Business Interest Checking
1.00%
$1,000
View
▼
Rate1.00%
Min Deposit$1,000
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

First National Bank in Olney
Institution Rating:
A+5.0 ★ Texas Ratio: 4.02%
203 W Main St
Oblong, IL 62449
Business Plus Checking
1.00%
$1,000
View
▼
Rate1.00%
Min Deposit$1,000
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

HomeBank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.58%
1132 Broadway St
Quincy, IL 62301
Business Interest Checking
1.00%
$100
View
▼
Rate1.00%
Min Deposit$100
Min Balance—
UpdatedMar 20, 2026
Details

No additional details provided.

Vibrant Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 15.61%
4400 16th St
Moline, IL 61265
Community Business Checking
1.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details

No additional details provided.

Fairview State Banking Company
Institution Rating:
A+5.0 ★ Texas Ratio: 5.19%
420 Carter St
Fairview, IL 61432
Business Interest Bearing Checking Account
0.80%
$1,000
View
▼
Rate0.80%
Min Deposit$1,000
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St
Mascoutah, IL 62258
Business Interest Checking
0.75%
$1,000
View
▼
Rate0.75%
Min Deposit$1,000
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

FCB Banks
Institution Rating:
A+5.0 ★ Texas Ratio: 3.72%
201 N Commercial St
Albers, IL 62215
Commercial Interest Checking
0.75%
$0
View
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details

No additional details provided.

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
  • Republic Bank of Chicago
    Choice Checking — 2.00% APY
  • First American Bank
    Everyday Rewards Checking — 1.00% APY
  • First Northern Credit Union
    Advantage Checking — 1.00% APY
  • Waterman Bank
    Checking — 0.75% 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: March 21, 2026

Chicago, Illinois Rates & Resources

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