Current Average Certificate of Deposit Rates in Cedar Rapids, IA
Having a solid understanding of the interest rates available from banks and credit unions near you is very important if you expect to hold high-earning accounts. Cedar Rapids Banking Rates has compiled a list of the average CD rates in Cedar Rapids by term, so you can gauge the competitiveness of your own accounts or have a benchmark for comparison if you are interested in opening a new CD.
Average Cedar Rapids, IA CD Interest Rates
The following is a breakdown of the CD accounts in Cedar Rapids, including the highest, lowest and average rates currently available:
Six-Month CD
Total Number of Accounts Available: 23
Highest Rate on Record: 1.05% APY
Lowest Savings Account Rate: 0.21% APY
Average 6-Month CD Rate: 0.64% APY
12-Month CD
Total Number of Accounts Available: 23
Highest Rate on Record: 1.55% APY
Lowest Savings Account Rate: 0.49% APY
Average 12-Month CD Rate: 0.94% APY
Two-Year CD
Total Number of Accounts Available: 22
Highest Rate on Record: 2.1% APY
Lowest Savings Account Rate: 0.94% APY
Average 24-Month CD Rate: 1.4% APY
You can learn more about where to get the highest CD rates in the city by visiting the 6-Month CD, 12-Month CD or 24-Month CD pages.
All of the above rates are accurate as of June 27, 2011, but are subject to change at any time.
