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CIBC Bank USA, a subsidiary of the Toronto-based Canadian Imperial Bank of Commerce, provides personal banking products and financial solutions. Based in Chicago, Illinois, the bank also offers a number of wealth management alternatives to businesses big and small. CIBS's CDs are offered as jumbo and traditional, 15-month term products, both at fixed rates.
- 1.21% high-yield CD, 7.1X higher than national average.
- Bank with purpose: your deposit helps us keep investing in underserved communities hard hit by the Covid crisis.
- No fees.
- FDIC insured.