Banking Rates & News

Ottumwa Metro Area

Including Ottumwa, Kirksville, Macon, Fairfield, Bloomfield, Milan, Unionville, Keosauqua, Birmingham, LA Plata, and 18 other towns.

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Banking in the Ottumwa Area

Nestled in Iowa's Wapello County, Ottumwa has a population of about 25,000 people. Despite being a small city, it has been the site of several presidential visits, including from Benjamin Harrison, Theodore Roosevelt, Richard Nixon, and Barack Obama. Hailed as "the video game capital of the world," Ottumwa is home to Twin Galaxies, a video game organization that keeps track of world records in video games. John Deere is one of the City's largest employers, but it also boasts a small financial industry.

The City's oldest continually active bank is State Central Bank, which was established in 1858. Since then, Ottumwa's financial industry has grown to include seven credit unions and nearly 40 banks that have opened approximately 90 branches throughout the area. The City is also headquarters to 20 banks and six credit unions, among them such reputable institutions as Community 1St CU of Iowa and the Bank of Kirksville. Also headquartered in Ottumwa are South Ottumwa Savings Bank, Farmers Bank of Northern Missouri, and The Libertyville Savings Bank.

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Local Deals & News

One Weekly Only - 13-Month CD Special, 2.00% APY
This may be only available in California. I couldn't find it on BotW's website. CSRs I spoke with didn't know anything about this Special, as it wasn't on their cheat
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.
2- And 3-Year Brokered Cds
For those interested in possibly taking the plunge into brokered CDs, Wells Fargo has been offering some pretty good non-callable, new issue deals with 2- and 3-year maturities. Today on
U.S. Bank Chicagoland CD Specials - 2.05% 59-Month
In today’s Chicago Tribune 2.05% apy 59-month CD 1.01% apy 11-month CD $1,000 minimum $249,999 maximum Offer only valid at Chicago metro area U.S. Bank locations
US Bank Offers $200 Summer Checking Bonus
UPDATE 7/10/2017: As some DA readers have noted in the Comments section below, this offer is not available nationwide. I have included more detail in the Availability section below. Thank
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