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

$150 Wells Fargo Checking Bonus - Select Cities
If you missed the previous $250 bonus and you live in an eligible city, you may want to give this a try. To get a $150 bonus, open an Everyday
Wells Fargo Long Term 3.00% Callable Step-Up CD Via TD Ameritrade
I frequently get notices of new issue callable CDs from TD Ameritrade. This one looks like a rate leader. My calculations indicate the blended rate over the entire term is
CD Specials In Cedar Falls, Iowa
Cedar Falls CCU is running CD ($1k) and Jumbo CD ($100k) Specials. 15mo CD (1.55% APY) and Jumbo CD (1.70% APY) 25mo CD (1.85% APY) and Jumbo CD (2.00% APY)
Veridian CU Adds Nationally Available CD Specials
Deal Summary: CD Specials – 15-month, 1.50% APY; 25-month, 1.80% APY; 39-month, 1.85% APY; $1k minimum deposit. Availability: Easy membership requirement; also residents of 65 Iowa counties and five Nebraska
CD Rate Increases
Veridian looks to have increased the rates on three of its special CDs by 25 basis points. Not quite up to where they were last year, but getting close. Rates
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