Banking Rates & News

Cedar Rapids Area

Including Cedar Rapids, Dubuque, Waterloo, Cedar Falls, Iowa City, Marion, Coralville, Waverly, Washington, Decorah, and 162 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

University of Iowa CCU's 45-month CD Special Hits 3.00% APY
Deal Summary: CD Specials - 18-month (2.50% APY, $100), 30-month (2.70% APY, $100k), and 45-month (3.00% APY, $100k). Deposits of $1k+ earn APYs 10 bps lower. Availability: University of Iowa
New CD Specials, Including 45-Month 3.00% APY($100K) And 2.90% APY ($1K)
Two new UICCU CD Specials, and a new rate for 45-month CD Special: 18-month 2.50% APY ($100k) and 2.40% APY ($1k) 30-month 2.70% APY ($100k) and 2.60% APY ($1k) 45-month
2- And 3-Year Brokered Cds
For those interested in possibly taking the plunge into brokered CDs, Wells Fargo has been offering some pretty good non-callable, new issue deals with 2- and 3-year maturities. Today on
Veridian CU Adds Nationally Available 18-Month CD Special (2.28% APY)
Deal Summary: 18-month Jumbo CD Special, 2.28% APY, $100k minimum; 18-month CD Special, 2.18% APY, $1k minimum. Availability: Easy membership requirement through Dwolla; residents of all 99 Iowa counties and
Veridian CU Offering 18-Month CD At 2.28% APY
Veridian Credit Union, an easy access CU, is offering an 18-month promo CD at 2.18% APY for a minimum deposit of $1,000, or 2.28% APY for a minimum deposit of
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