Compare the Best Local Rates

Cedar Rapids Credit Unions with the Best CD Rates

If you belong to a credit union or are curious about joining one, you should know that they can offer some of the highest CD rates in Cedar Rapids. For anyone interested in locating a certificate of deposit with a competitive rate, credit unions are a great place to start.

Credit unions are different from banks because they are not-for-profit, owned by members and the field of membership is limited to a set of particular requirements. Membership eligibility is different for each one, but there’s bound to be a Cedar Rapids credit union you qualify to join. Below are the credit unions in the city that are presently offering the highest rates on CDs.

Credit Unions with the Best 6-Month CD Rates in Cedar Rapids

  • First Credit Union - Cedar Rapids Iowa: 1.05%
  • Quaker Oats Credit Union: 1%
  • Ascentra Credit Union: 0.8%

Highest 12-Month CD Rates from Cedar Rapids Credit Unions

  • Collins Community Credit Union: 1.36%
  • First Credit Union - Cedar Rapids Iowa: 1.25%
  • Quaker Oats Credit Union: 1.25%

Cedar Rapids Credit Unions with the Best 24-Month CD Rates

  • Collins Community Credit Union: 1.96%
  • Quaker Oats Credit Union: 1.76%
  • First Credit Union - Cedar Rapids Iowa: 1.61%

Please note that these rates are accurate as of May 20, 2011 but are subject to change at any time.