Cedar Rapids Bank & Trust is headquartered in Cedar Rapids and is the 10th largest bank in the state of Iowa. It is also the 589th largest bank in the nation. It was established in 2001 and as of September of 2018, it had grown to 154 employees at 8 locations. Cedar Rapids Bank & Trust has an A health rating.
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Rate Will Drop To 3.25% On 11/1/11
Went in to open an account today and was politely informed that the rates are currently 4% but will drop to 3.25% on 11/1/2011. Appreciate their honesty!
Great Experience, Though Rate Will Drop To 4% On 11/1 (2856)
I've had a "[email protected] Checking" account at CRBT for almost a year and a half now, it they have been great. Very friendly, only one minor issue that they fixed of their own accord. Unfortunately, they will be dropping their rate from 5% to 4% as of November 1. However, it is still the best deal around, and their service counts, too. Plus, I respect the fact that they sent me an email ahead of time to announce the change, unlike a Credit Union somewhere in the "Linn Area" which sends me a useless newsletter every month, but couldn't be bothered to notify me of a rate change - I just had to get the bad news on the following month's statement.
So I wholeheartedly endorse CRBT, but the sweetest deal around just got a little less sweet.
Great Experience, Though Rate Will Drop To 4% On 11/1
I've had a "[email protected] Checking" account at CRBT for almost a year and a half now, it they have been great. Very friendly, only one minor issue that they fixed of their own accord. Unfortunately, they will be dropping their rate from 5% to 4% as of November 1. However, it is still the best deal around, and their service counts, too. Plus, I respect the fact that they sent me an email ahead of time to announce the change, unlike a Credit Union somewhere in the "Linn Area" which sends me a useless newsletter every month, but couldn't be bothered to notify me of a rate change - I just had to get the bad news on the following month's statement.
So I wholeheartedly endorse CRBT, but the sweetest deal around just got a little less sweet.
I Switched From Linn
I switched from Linn-Area CU to CRBT because LACU dropped their HYC account from 5% to 4%. CRBT has treated me great so far and 5%APY is terrific. I rec. ANY rewards checking acct. to everyone, just find a bank or CU with a good rate near you. You are losing free money if you don't. I also share Dave Ramsey's theory of NEVER using credit cards, EVER. PS-- CRBT has great coffee and cookies too!
Maximum Will Drop To 15K In July 2012
I am very sorry to report that the [email protected] Checking account maximum amount will be dropping from 25K to 15K in July. I think UoFL CCU still has 3.25% on amounts up to 25K. I think I will move my money there instead.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57244 |
| Year Established | 2001 |
| Employees | 154 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.46% |
| Return on Equity - YTD | 13.26% |
| Annual Interest Income | $41.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $1.36B$1.01B |
| Loans | Q3 2018vs Q3 2017 | $1.03B$744.1MM |
| Deposits | Q3 2018vs Q3 2017 | $1.09B$845.6MM |
| Equity Capital | Q3 2018vs Q3 2017 | $148.5MM$104.3MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $13.2MM$11.7MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $5.9MM$3.3MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $633.00K$435.00K |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
11-Month No Penalty Savings CD Special, 2.26% APY
No partial withdrawals.
CD needs to be open 7 business days prior to closing the CD.
Minimum of $500 required.
Checking relationship required.
Institutional/business funds not eligible.
Limit one consumer CD special per Tax Identification Number.
Always verify rates and promotions with the bank or credit union. We are not Cedar Rapids Bank & Trust; 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.
Cedar Rapids Bank & Trust Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.00%* | - | $10k | Vault Checking | ||
| OTHER TIERS: 0.10% → $10k+ | |||||
| 2.22%* | - | $25k | MAXX Checking Account | ||
| OTHER TIERS: 0.25% → $25k+ | |||||
Cedar Rapids Bank & Trust CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.87% | $5k | $250k | 33 Month Raise Your Rate CD Special | |
| 2.60% | $5k | $250k | 20 Month Traditional CD Special | |
| 2.26% | $500 | $250k | 11 Month No Penalty Savings CD Special |
| Cedar Rapids Bank & Trust Locations | ||
|---|---|---|
| Cedar Rapids Bank and Trust Company | 500 1st Avenue Ne, Suite 100 | Cedar Rapids, IA 52401 |
| Council Street Branch | 5400 Council Street Ne | Cedar Rapids, IA 52402 |
| Waterloo Branch | 11 Tower Park Drive | Waterloo, IA 50701 |
| Cedar Falls Branch | 2322 West 1st Street | Cedar Falls, IA 50613 |
| Community National Bank Branch | 422 Commercial Street | Waterloo, IA 50701 |
| Bever Avenue Office | 2701 Bever Avenue | Cedar Rapids, IA 52403 |
| Cedar Hills Branch | 191 Jacolyn Drive, N.W. | Cedar Rapids, IA 52405 |
| Marion Branch | 700 25th Street | Marion, IA 52302 |