Overview / Commentary
7045 C Avenue Northeast
Cedar Rapids, IA 52402

BankIowa of Cedar Rapids is headquartered in Cedar Rapids and is the 28th largest bank in the state of Iowa. It is also the 1,116th largest bank in the nation. It was established in 1881 and as of September of 2018, it had grown to 132 employees at 11 locations. BankIowa of Cedar Rapids' CD rates are 3X the national average, and it boasts an A+ health rating.

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Additional Information

Posted by: Anonymous | Jun 14, 2012

"US citizen" or "PR" only.


Health Grade Components

FDIC Certificate #17282
Year Established1881
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.1%
Return on Equity - YTD10.41%
Annual Interest Income$19.0MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$662.5MM$632.9MM
LoansQ3 2018vs Q3 2017$530.1MM$495.1MM
DepositsQ3 2018vs Q3 2017$522.0MM$493.3MM
Equity CapitalQ3 2018vs Q3 2017$71.1MM$67.0MM
Loan Loss AllowanceQ3 2018vs Q3 2017$5.2MM$4.9MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$379.00K$5.9MM
Real Estate OwnedQ3 2018vs Q3 2017$138.00K$5.5MM
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Always verify rates and promotions with the bank or credit union. We are not BankIowa of Cedar Rapids; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

BankIowa of Cedar Rapids Savings Account Rates

3.41%--Variable Rate Freedom CD-Current Customers Only
1.26%*-$40kFirst Time Homebuyer's Savings Account
OTHER TIERS: 0.10% $40k+
1.00%$100-Health Savings Account (HSA)
0.50%--Variable Rate IRA
0.10%$100-Savings Account

BankIowa of Cedar Rapids Money Market Rates

1.00%*$1m*-Personal Premium Money Market
OTHER TIERS: 0.30% $10k - $25k | 0.50% $25k - $100k | 0.60% $100k - $250k | 0.75% $250k - $1m
1.00%*$1m*-Public Funds Premium Money Market
OTHER TIERS: 0.40% $10k - $100k | 0.60% $100k - $500k | 0.75% $500k - $1m
1.00%*$1m*-Commercial Premium Money Market
OTHER TIERS: 0.30% $10k - $25k | 0.50% $25k - $100k | 0.60% $100k - $250k | 0.75% $250k - $1m
1.00%*$1m*-501 C3 Premium Money Market
OTHER TIERS: 0.40% $10k - $100k | 0.60% $100k - $500k | 0.75% $500k - $1m
0.55%*$500k*-Personal Platinum Money Market Account
OTHER TIERS: 0.10% $1.5k - $100k | 0.35% $100k - $250k | 0.45% $250k - $500k
0.55%*$500k*-Commercial Platinum Money Market Account
OTHER TIERS: 0.10% $1.5k - $100k | 0.35% $100k - $250k | 0.45% $250k - $500k

BankIowa of Cedar Rapids Checking Account Rates

2.27%*-$15kChampion Checking
OTHER TIERS: 0.14% $15k+
0.70%*$500k*-Super Public Fund NOW Account
OTHER TIERS: 0.05% Up to $100k | 0.45% $100k - $500k
0.20%*$100k*-Rewards NOW Account
OTHER TIERS: 0.05% Up to $50k | 0.10% $50k - $100k
0.05%--Personal NOW Checking
0.05%--Qualified NOW Checking

BankIowa of Cedar Rapids CD Rates

3.07%$500-59 Month Special CD
3.02%$500-36 Month One Way Up CD
2.77%$500-18 Month CD Special
2.36%$500-12 Month CD Special
2.06%$500-7 Month CD Special
1.17%$500-60 + Months CD
0.98%$500-48 - 59 Months CD
0.86%$500-36 - 47 Months CD
0.74%$500-24 - 35 Months CD
0.56%$500-12 - 23 Months CD
0.30%$500-6 - 11 Months CD
0.23%$500-3 - 5 Months CD


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