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

Deere Employees Credit Union Unveils Rate-Leading 13-Month CD
Deal Summary: 13-month Share CD, 5.00% APY, $500 minimum deposit. Availability: Employees and retirees of Deere & Company and their family members. With 5% CDs still being hard to find
Coming Soon: M1 Finance 4.50% Savings Acct
The acct will be available to M1 Plus members early next year. There are 3 caveats: M1 Plus charges a $125 annual fee, though the fee is waived for the
Wells Fargo CD Rates Not Half Bad
In the Southern California market, 2.47% (2.50% APY) for 7 months, 2.71% (2.75% APY) for 13 months. A 0.25% boost for those with Prime Checking or higher ($20,000 minimum balance
Regions Bank 18-Month Variable Traditional IRA Up To 4.60% APY
Due to system problems, Regions Bank rates are not available online today. But, I confirmed with CSR that the current rate on the 18-Month Variable IRA is now 4.60% APY
Wells Fargo Leaps Ahead Of Brokered CD Competitors For Multiple Durations (2-Year 3.75%)
On Vanguard, here are Wells Fargo current non-callable Brokered CD offers as of 3:45pm Eastern, September 13 3.75% 2-year 3.70% 18-month 3.65% 12-month 3.60% 9-month 3.50% 6-month
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