Banking Rates & News

Cedar Rapids Area

Including Cedar Rapids, Waterloo, Dubuque, Cedar Falls, Iowa City, Coralville, Marion, Waverly, Washington, New Hampton, and 163 other towns.

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Banking in the Cedar Rapids Area

The economy of Cedar Rapids is solid and growing. It is fed by a number of factors including agriculture, trade, education, logistics, finance and manufacturing. It is also supported by the surrounding communities of Cedar Rapids, Dubuque, Waterloo, Cedar Falls and Iowa City. The banking sector is also strong and multi-faceted in the region. As long as the economy continues to stay strong, the banking sector will also continue to grow.

There are several established banks headquartered in the region including University of Iowa Community Credit Union and Veridian Credit Union. There are 94 banks and 29 credit unions that have headquarters in the region. When combined with banks based from all over the country, there are approximately 620 branches from more than 125 banks and 35 credit unions with locations in the region. The major banks in the US are also represented in the region such as Citibank and JP Morgan Chase. First National Bank is the oldest continuously operating bank in the region. It was established in 1864. Overall, as the region continues to grow and thrive so does the banking sector.

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Local Deals & News

Wells Fargo Everyday Checking $100 Offer
$100 offer expires 09/01/2016. Requirements: Open an Everyday Checking account with a $25 minimum deposit. Make 10 debit card purchases/payments within 60 days. Offer Link Offer details courtesy of
Veridian Drops Rates For Most CD Terms 1 Year & Above
Of 11 non-jumbo CDs requiring $1000 minimum, I count 7 with a decline in rates, 3 no change, 1 increase.  Top rate remains the 39 month, albeit 1.70% APY for
Veridian CU — Rate Decrease On 25 Mth CD, Increase On 15 Mth
Effective July 14 thru July 20: 1.85% APY 25 Mth $100K min (from 1.95%) 1.70% APY 25 Mth $1K min (from 1.80%) 1.65% APY 15 Mth $100K min (from 1.55%)
$300 And $150 Checking Bonuses At Bank Of The West
My local BotW branch in San Diego was advertising this. Also saw it listed at the BotW home page. You can get $300 with Premier Checking or Get up to
Veridian Credit Union - 39Mo CD Rate Cuts But 15Mo CD Rate Hikes
While the rates on both 39-month CDs were lowered today, the rates on the 15-month CDs were raised: 1.90% APY 39-month Jumbo CD $100K min (was 2.40%) 1.75% APY 39-month CD $1K