Banking Rates & News

Cedar Rapids Area

Including Cedar Rapids, Dubuque, Waterloo, 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

First Federal CU (IA) Offers New CD Specials
Availability: Residents of Linn County, Iowa For the past 18 months, First Federal Credit Union (First Federal CU) has offered a variety of CD Specials. The latest include a 16-month
Cedar Falls CCU (IA) Adds 60-Month Step-Up Certificate
Availability: Residents of Black Hawk, Bremer, Buchanan, Butler, Chickasaw, Fayette, and Grundy Counties, Iowa. In the past six months, Cedar Falls Community Credit Union (CFCCU) has offered several “Special” Certificates.
Wells Fargo & Company: The Teflon Bank?
Wells Fargo & Company, with $1.7 trillion in assets, as of September 30, is currently the second largest bank in the U.S., and one of the world’s most valuable banks
University of Iowa CCU Adds 9- And 19-Month CD Specials
Availability: University of Iowa students, staff and alumni; residents of 48 Iowa counties and four Illinois counties. It’s the beginning of a new month – time for a new promotion
Collins CCU Adds New 19-Month Certificate Special
Availability: Residents of 38 eastern Iowa counties Over the past two years, I have written about a number of competitive Certificate Specials offered by Collins Community Credit Union (Collins CCU).