Banking Rates & News

Des Moines Area

Including Des Moines, West Des Moines, Ames, Ankeny, Marshalltown, Clive, Fort Dodge, Urbandale, Johnston, Newton, and 164 other towns.

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Banking in the Des Moines Area

Des Moines is both the capital city and largest city in Iowa. Des Moines has a large metro area, with the city itself only making up about one-third of the entire metropolitan area. Other surrounding cities include West Des Moines, Ankeny, and Clive. Because of its size and location, Des Moines has become a major financial center, mostly for insurance, but also for banking.

Des Moines is the home city for a whopping 108 banks and 37 credit unions. What is interesting, though, is that nearly all those banks are small. Notable institutions with headquarters in the Des Moines area include Bankers Trust Company, Principal Bank, West Des Moines State Bank, Bank Iowa, and First American Bank. Hardin Bank has been around since 1868, making it the oldest Des Moines bank that's still operating.

Like any other large city, Des Moines has many branches other regional and national banks as well. Overall, there are more than 150 banks and 50 credit unions with a presence in the Des Moines metro area, and those institutions have a combined 730 branches.

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Local Deals & News

18Mo CD, 2.00% APY
If you happen to live in Story County or Ida County, Iowa, this 18-month CD (2.00% APY) is for you. Minimum opening deposit is $10,000 and is for "local market
$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
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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