Banking Rates & News

Cedar Rapids Area

Including Cedar Rapids, Dubuque, Waterloo, Cedar Falls, Iowa City, Marion, Coralville, Waverly, Washington, Decorah, and 161 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 COMMUNITY CREDIT UNION Offering 45-Month CD At 2.90% APY (3.00 % APY IF Balance Exceeds $100,000)
University of Iowa Community Credit Union is offering a 45-month promo CD at 2.90% APY for a minimum deposit of $1,000, or 3.00% APY for a minimum deposit of $100,000.
20 Month And 9 Month CD Specials
20 months 100,000 min 2.85 20 months 1,000 min 2.75 9 months 100,000 min 2.60 9 months 1,000 min 2.50
Bankers Trust (IA/AZ) Ups 7-27 Month Pick-a-Term CD
Deal Summary: 7-27 Month Pick-a-Term CD (2.10-2.20% APY), 40-Month Promotional CD (2.50-2.60% APY), relationship required for higher APYs, $1k minimum deposit. Availability: Online market area includes Iowa and Arizona. Iowa-based
24-Month CD, 2.55% APY
Community 1st Credit Union is offering a 2.55% APY on its 24-month CD. Minimum deposit is $500.
16-Month CD, 2.16% APY
16-month CD, 2.16% APY, $5k minimum deposit. Another great deal for residents of northeast Iowa. 5 branches in Cedar Falls,Waverly, and Plainfield.
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