Banking Rates & News

Cedar Rapids Area

Including Alburnett, Allison, Amana, Anamosa, Aplington, Aredale, Arlington, Asbury, Atkins, Beaman, and 155 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

Veridian Adds New Rate Tier For $500K+ At .85% APY
Veridian created a new tier above their previous $250k+ tier. It offers a .85% APY rate (.1% more than the tier below). For those who cannot attain FDIC insurance up
US Bank Checking Account Bonus Pays Up To $400
Deal Summary: $200 or $400 bonus when opening a new Silver, Gold, or Platinum Checking account. Available through June 13, 2022. Availability: Market area includes AR, AZ, CA, CO, FL,
Verdian Credit Union Adds 24- And 36-Month Jumbo CD Specials
Deal Summary: Jumbo CD Specials ($100k minimum) – 36-month (2.15% APY) and 24-month (1.90% APY). Availability: Easy membership requirement through Dwolla; residents of all 99 Iowa counties and six southeast
DuTrac Community Credit Union 25-Month CD Special Offered Again
Deal Summary: 25-month Jumbo CD Special, 1.60% APY, $100k min deposit. 25-month CD Special, 1.50% APY, $1k min deposit. Availability: Residents of 16 NE Iowa counties, four NW Illinois counties,
GreenState Credit Union Brings Back 35-Month CD Special
Deal Summary: 35-month CD Special, 1.75% APY, $1k minimum deposit. Availability: All Iowa counties and counties in Illinois, Nebraska, South Dakota, and Wisconsin that border on Iowa. Iowa-based GreenState Credit
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