Skip to main content

Due to a building issue, the reception area in our Springfield office is temporarily closed. We are not able to assist walk-in visitors today (4/24) and tomorrow (4/25). An update will be provided when the reception area reopens. Be sure to check before traveling to our Springfield office.

WEBSITE ALERT: IDFPR is no longer affiliated with the idfpr[.]com domain name. The website currently hosted on that domain is not authorized by IDFPR and may pose a security threat to visitors. Please be sure to use only IDFPR’s official website at IDFPR.illinois.gov.

Mario Treto, Jr., Secretary

Interest Rates Affecting the Security Deposit Interest Act

News Release – Wednesday, January 3, 2024

The Illinois Department of Financial and Professional Regulation, Division of Banking announced today that the interest rate paid by the largest commercial bank with its main banking premises in Illinois on minimum deposit savings accounts as of December 31, 2023 was 0.005% with an Annual Percentage Yield (APY) of 0.01%.

To view the entire press release please click here.

Footer

Contact Information

Chicago Office
555 West Monroe Street, 5th Floor
Chicago, IL 60661

Springfield Office
320 West Washington Street, 3rd Floor
Springfield, IL 62786

Call Us: 1 (888) 473-4858

TTY/TDD Line: 1 (866) 325-4949

Stay Informed

Helpful Links