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Local Cedar Rapids Banks with the Best CD Rates

When shopping around for the highest certificate of deposit interest rates, it helps to look at local financial institutions. Generally, smaller banks are especially invested in the communities they serve and thus, make providing the best rates to customers a top priority.

However, finding the best CD rates in Cedar Rapids can be tough if you don’t know where so start, so we’ve compiled the best rates across various term lengths for community banks in the area.

Cedar Rapids Banks with the Best 6-Month CD Rates

  • Farmers Savings Bank Walford: 1%
  • Corridor State Bank: 1%
  • The State Bank of Toledo: 0.8%

Highest 12-Month CD Rates from Cedar Rapids Banks

  • Corridor State Bank: 1.55%
  • Farmers Savings Bank Walford: 1.25%
  • Community State Bank Iowa: 1.05%

Best 24-Month CD Rates from Cedar Rapids Banks

  • Corridor State Bank: 2.1%
  • Hiawatha Bank and Trust Company: 1.82%
  • Farmers Savings Bank Walford: 1.6%

Please note that these rates are accurate as of May 19, 2011 but are subject to change at any time.

 

Best Cedar Rapids Banking Rates

Featured Rate
CIT Bank
Open Account with CIT Bank
1.10%
Date: May 14, 2012
View Rate Details
Ally Bank
Open Account with Ally Bank
1.09%
Date: May 15, 2012
View Rate Details
Highest Rates Recent Rate Changes
First Credit Union - Cedar Rapids Iowa 2 Year CD Account
1.31%
Date: May 8, 2012
Farmers Savings Bank Walford 2 Year CD Account
1.20%
Date: May 14, 2012
Denver Savings Bank 2 Year CD Account
1.20%
Date: May 9, 2012
Cedar Falls Community Credit Union 2 Year CD Account
1.20%
Date: Apr 30, 2012
Best Of Iowa Community Credit Union 2 Year CD Account
1.15%
Date: May 18, 2012
First State Bank 2 Year CD Account
1.10%
Date: May 8, 2012
First Security State Bank 12 Month CD Account
0.80% to
0.60%
Date: May 16, 2012
Chelsea Savings Bank 2 Year CD Account
1.15% to
1.00%
Date: May 10, 2012
Ascentra Credit Union 12 Month CD Account
0.70% to
0.65%
Date: May 4, 2012
Collins Community Credit Union 2 Year CD Account
0.40% to
0.35%
Date: May 4, 2012
Community Savings Bank 2 Year CD Account
1.05% to
1.00%
Date: May 3, 2012
Iowa Community Credit Union 12 Month CD Account
0.70% to
0.60%
Date: Apr 27, 2012
See All Banking Rates
 

 
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