Category Archives: Security Deposit Interest Act

2015 State of Illinois Security Deposit Interest Rate released

Illinois 2015 Security Deposit Interest Rate Announced The  Illinois Department of Finance and Professional Regulation Division of Banking has finally announced today the interest rate affecting the interest to be paid to tenants on security deposits subject to the Illinois … Continue reading

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2014 State of Illinois Security Deposit Interest Rate set

The new 2014 security deposit interest rate for those leases and tenancies governed by the Illinois Security Deposit Interest Act has been released by the Illinois Department of Financial and Professional Regulation Banking Division.   For Illinois leases governed by … Continue reading

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State of Illinois sets 2013 security deposit interest rate

The Banking Division of the Illinois Department of Financial and Professional Regulation has issued its statement of the interest rate paid by the largest commercial bank with its main banking premises in Illinois which sets the interest rate for landlords … Continue reading

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