Iowa

Image Courtesy: www.pixabay.com

You are viewing rates across Cedar Rapids


Cedar Rapids, Iowa CD Rates 2019

Below are the best one-year CD Rates from banks in Cedar Rapids, Iowa. One year CDs are usually the most popular term and offer a decent yield without having to lock-up money for an extended period of time. One year CD Rates are generally comparable to or a little higher than their savings and money market counterparts.

Cedar Rapids, IA - September 23, 2019

1 Year CD National Average : 0.98% ?

Advertiser Disclosure
BankS APY MIN MILES ?
2.56% $1,000 5732.55
2.40% $10,000 5791.70
2.31% $1,000 5667.92
2.27% $1,000 5769.99
2.26% $500 5609.39
2.25% $10,000 5737.43
2.25% $500 5878.06
2.25% $100,000 5739.57
2.20% $10,000 5821.91
2.16% $1,500 5728.01
2.12% $100,000 5695.87
2.11% $500 5659.62
2.10% $1,000 5868.18
2.07% $10,000 5845.10
2.05% $10,000 5892.92
2.05% $10,000 5902.97
2.05% $75,000 5892.79
2.05% $10,000 5695.28
2.02% $1,000 5695.87
2.02% $50,000 5738.25
2.01% $100,000 5649.78
2.00% $10,000 5741.83
2.00% $500 5783.42
2.00% $1,000 5640.22
2.00% $500 5799.23
1.95% $10,000 5813.76
1.92% $7,500 5914.09
1.91% $100,000 5693.55
1.91% $10,000 5738.25
1.90% $500 5791.84
1.90% $10,000 5892.54
1.89% $100,000 5695.28
1.86% $100,000 5661.29
1.85% $500 5892.79
1.85% $10,000 5608.45
1.85% $10,000 5749.91
1.82% $10,000 5858.51
1.81% $1,000 5893.39
1.81% $25,000 5862.80
1.81% $10,000 5649.78
1.81% $500 5749.77
1.80% $1,000 5825.65
1.80% $1,000 5884.45
1.80% $1,000 5695.43
1.80% $100,000 5731.92
1.76% $500 5861.97
1.76% $1,000 5861.59
1.76% $50,000 5835.56
1.76% $25,000 5728.34
1.76% $10,000 5661.29
1.76% $5,000 5722.09
1.76% $1,000 5843.07
1.76% $500 5696.03
1.75% $500 5716.07
1.75% $15,000 5742.79
1.75% $1,000 5670.26
1.75% $500 5763.17
1.75% $1,000 5891.73
1.75% $1,000 5877.19
1.71% $500 5825.78
1.71% $25,000 5715.18
1.71% $100,000 5845.70
1.71% $25,000 5766.50
1.71% $500 5864.63
1.70% $10,000 5731.92
1.70% $25,000 5811.37
1.66% $10,000 5715.18
1.66% $5,000 5594.99
1.66% $10,000 5728.34
1.66% $100,000 5687.71
1.66% $10,000 5823.52
1.66% $60,000 5739.15
1.65% $500 5732.78
1.65% $1,000 5742.79
1.65% $500 5695.65
1.65% $500 5600.91
1.65% $500 5894.60
1.61% $5,000 5845.70
1.61% $10,000 5686.13
1.61% $500 5766.50
1.61% $10,000 5739.15
1.61% $100,000 5811.43
1.60% $25,000 5821.23
1.60% $500 5884.17
1.60% $500 5811.37
1.60% $500 5669.88
1.60% $15,000 5765.91
1.56% $10,000 5862.80
1.56% $100 5783.08
1.56% $100 5811.43
1.56% $500 5819.56
1.55% $500 5591.73
1.55% $25,000 5798.66
1.52% $500 5695.28
1.52% $500 5859.19
1.51% $500 5798.81
1.51% $25,000 5590.23
1.51% $500 5694.37
1.51% $10,000 5719.91
1.51% $1,000 5687.71
1.51% $1,000 5683.81
1.51% $500 5595.07
1.51% $25,000 5783.55
1.51% $500 5814.04
1.51% $1,000 5750.12
1.51% $50,000 5587.05
1.51% $1,000 5865.87
1.51% $40,000 5844.88
1.50% $1,000 5777.51
1.50% $10,000 5730.40
1.50% $1,000 5821.23
1.50% $1,000 5719.69
1.50% $1,000 5721.33
1.50% $1,000 5761.99
1.50% $25,000 5700.65
1.50% $5,000 5765.91
1.50% $1,000 5739.57
1.48% $50,000 5741.22
1.46% $10,000 5807.80
1.46% $1,000 5732.55
1.42% $500 5786.72
1.42% $1,000 5823.14
1.42% $100,000 5699.93
1.41% $10,000 5590.23
1.41% $1,000 5824.53
1.41% $25,000 5795.25
1.40% $2,500 5711.23
1.40% $1,000 5808.51
1.40% $10,000 5735.59
1.40% $25,000 5814.34
1.40% $25,000 5716.69
1.40% $10,000 5844.88
1.39% $10,000 5743.08
1.36% $25,000 5731.36
1.35% $100,000 5834.19
1.35% $500 5786.64
1.34% $1,000 5787.02
1.32% $15,000 5771.51
1.32% $2,500 5736.95
1.31% $25,000 5811.36
1.31% $50,000 5771.47
1.31% $10,000 5700.65
1.31% $500 5774.18
1.30% $5,000 5714.78
1.30% $25,000 5728.72
1.30% $500 5777.86
1.30% $20,000 5670.36
1.30% $1,000 5710.91
1.30% $10,000 5783.55
1.30% $1,000 5882.67
1.30% $100,000 5658.80
1.30% $1,000 5814.34
1.26% $1,000 5594.87
1.26% $10,000 5813.28
1.26% $10,000 5853.12
1.25% $1,000 5771.51
1.25% $1,000 5898.96
1.25% $20,000 5670.64
1.25% $100,000 5858.00
1.25% $1,000 5731.36
1.25% $1,000 5670.36
1.25% $1,000 5696.46
1.25% $25,000 5760.36
1.25% $10,000 5617.63
1.25% $500 5805.86
1.22% $10,000 5867.39
1.21% $100,000 5811.05
1.21% $1,000 5781.30
1.21% $1,000 5811.36
1.21% $1,000 5795.25
1.20% $2,000 5691.58
1.20% $1,000 5734.26
1.20% $500 5773.83
1.20% $2,500 5798.66
1.20% $500 5834.19
1.20% $100,000 5770.02
1.20% $2,500 5699.93
1.15% $1,000 5728.67
1.15% $500 5707.44
1.15% $100,000 5694.68
1.15% $5,000 5771.47
1.15% $30,000 5748.99
1.15% $50,000 0.00
1.15% $10,000 5835.56
1.11% $1,000 5670.64
1.10% $1,000 5673.61
1.10% $10,000 5669.52
1.10% $5,000 5823.00
1.10% $50,000 5888.48
1.10% $1,000 5770.02
1.10% $100,000 5677.24
1.10% $10,000 5658.80
1.10% $1,000 5760.36
1.10% $1,000 5649.57
1.10% $25,000 5743.40
1.10% $500 5853.70
1.07% $5,000 5741.22
1.05% $500 5645.79
1.05% $500 5821.12
1.05% $50,000 5784.50
1.05% $1,000 5748.99
1.05% $10,000 0.00
1.05% $50,000 5902.18
1.05% $10,000 5716.64
1.02% $35,000 5722.35
1.01% $1,000 5722.06
1.01% $10,000 5888.48
1.00% $500 5586.97
1.00% $10,000 5716.71
1.00% $10,000 5601.64
1.00% $10,000 5743.38
1.00% $100 5858.00
1.00% $10,000 5637.82
1.00% $1,000 5695.40
1.00% $10,000 5615.59
1.00% $1,000 5693.55
1.00% $500 5749.91
1.00% $10,000 5700.00
1.00% $25,000 5683.67
1.00% $1,000 5902.84
1.00% $1,000 5677.24
1.00% $10,000 5782.84
1.00% $500 5746.56
1.00% $500 5687.08
1.00% $500 5587.05
1.00% $10,000 5743.40
1.00% $10,000 5716.69
0.99% $500 5739.45
0.98% $25,000 5631.24
0.97% $1,000 5722.35
0.96% $1,000 5814.07
0.95% $500 5675.58
0.95% $75,000 5762.91
0.95% $500 5610.37
0.95% $500 5590.11
0.90% $50,000 5645.59
0.90% $25,000 5788.69
0.90% $10,000 5683.67
0.90% $35,000 5640.22
0.90% $1,000 5667.32
0.90% $1,000 5753.37
0.90% $1,000 5596.91
0.89% $10,000 5631.24
0.85% $10,000 5620.54
0.85% $10,000 5645.59
0.85% $10,000 5784.50
0.85% $500 5762.91
0.85% $10,000 5902.18
0.85% $500 5835.56
0.85% $100,000 5670.40
0.85% $10,000 5640.22
0.80% $50,000 5823.80
0.80% $500 5866.13
0.80% $500 5670.48
0.80% $1,000 5704.35
0.80% $25,000 5734.20
0.78% $500 5659.62
0.75% $10,000 5823.80
0.75% $100,000 5748.26
0.75% $10,000 5694.68
0.75% $10,000 5728.72
0.75% $500 5592.39
0.75% $10,000 5788.69
0.75% $1,000 5780.62
0.75% $1,000 5722.09
0.75% $1,000 5773.88
0.70% $10,000 5811.05
0.70% $500 5600.78
0.70% $500 5717.86
0.70% $100,000 5635.43
0.70% $1,000 0.00
0.70% $1,000 5771.44
0.70% $10,000 5734.20
0.66% $25,000 5764.71
0.65% $500 5594.39
0.65% $20,000 5657.18
0.65% $500 5635.43
0.65% $1,000 5893.73
0.65% $500 5670.40
0.65% $1,000 5699.37
0.65% $1,000 5604.65
0.64% $10,000 5764.71
0.60% $500 5591.63
0.60% $20,000 5662.88
0.60% $100,000 5794.46
0.55% $10,000 5762.51
0.55% $1,000 5626.60
0.55% $1,000 5657.18
0.55% $25,000 5677.27
0.55% $500 5813.33
0.50% $2,500 5748.26
0.50% $1,000 5610.50
0.50% $20,000 5683.40
0.50% $1,000 5777.76
0.50% $10,000 5616.20
0.50% $500 5625.65
0.50% $500 5635.69
0.49% $25,000 5660.23
0.48% $1,000 5601.44
0.45% $1,000 5661.51
0.45% $1,000 5677.27
0.45% $25,000 5657.90
0.45% $500 5657.63
0.45% $100,000 5772.60
0.45% $1,000 5678.48
0.41% $5,000 5706.80
0.41% $2,500 5711.93
0.40% $2,500 5798.76
0.40% $1,000 5683.40
0.40% $500 5615.10
0.40% $1,000 5702.36
0.40% $500 5635.63
0.40% $1,000 5661.37
0.40% $25,000 5717.93
0.40% $500 5610.50
0.40% $500 5804.47
0.40% $1,000 5658.80
0.40% $1,000 5835.53
0.40% $1,000 5659.25
0.39% $20,000 5694.21
0.39% $10,000 5660.23
0.35% $5,000 5662.88
0.35% $250 0.00
0.35% $25,000 5716.17
0.35% $10,000 5657.90
0.35% $10,000 5794.46
0.35% $500 5772.60
0.35% $500 5603.25
0.34% $100,000 5630.15
0.32% $500 5694.21
0.30% $5,000 5630.15
0.30% $10,000 5601.67
0.30% $10,000 5716.17
0.30% $10,000 5722.68
0.30% $1,500 5636.94
0.25% $1,000 5659.97
0.25% $10,000 5717.93
0.25% $1,000 5608.45
0.25% $1,000 5635.70
0.25% $1,000 5853.79
0.21% $500 5594.64
0.21% $100,000 5590.81
0.21% $10,000 5843.09
0.20% $1,000 5631.96
0.20% $1,000 5601.44
0.15% $1,000 5590.81
0.15% $1,000 5594.99
0.15% $1,000 5700.54
0.15% $10,000 5783.48
0.10% $10,000 5711.30
0.10% $500 5645.99
0.10% $10,000 5711.94
0.07% $10,000 5734.14
0.05% $10,000 5734.14
All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Certificates of Deposit - Branch Banks 2019

A certificate of deposit (CD) is a savings product offered by a bank in which a depositor (someone who has money to put into the bank) agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

CD Terms

The time period in which money is held in a certificate of deposit is called the term. Terms can run for any period of time but in general, banks use the following terms: 3 months, 6 months, 12 months, 18 months, 24 months, 36 months, 48 months, and 60 months. Terms can either be described in months or years. The term that is right for each individual depends on their goals, the rate they which to earn, and their future plans for the money. In general, if rates are going up, savers should avoid putting the money into a long-term CD. If rates are going down, then the opposite is true, and savers should try and lock into a good rate for an extended period of time. In stable rate environments, CDs that are over 12 months in length can enable depositors to pick up a slight premium over savings accounts.

CD Risk

Almost all banks provide CDs to their consumers and they have been a mainstay of savers and retirement accounts for years. If FDIC insured, the CD represents a safe place to put money that will generate a predictable return.

Inflation is the main risk of a CD. Inflation can often run higher than the inflation adjusted return on a CD, thus eroding the value of the money stored in the CD over time. This is especially true for longer-term CDs opened in low interest rate environments.

How Interest is Paid

The method of distributing the interest earned on a CD varies by bank. Some banks pay interest monthly, other semi-annually, and others at the maturity of the CD. One advantage of a branch-based bank is that a depositor can walk into the bank and receive their interest that day in the form of a check. Online banks tend to use electronic funds transfer or check via mail.

Interest Rate

Since the financial crisis in 2008, CDs have become less popular because the yields they offer have dropped precipitously, making it difficult for retirees and savers to generate sufficient income. But investors looking for a place to stash some cash might still find CDs an attractive place for some of their savings. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the BestCashCow rate analysis page.

ADVANTAGES AND DISADVANTAGES

The advantages of a Certificate of Deposit from a branch bank are:

  • Funds deposited in FDIC banks and within insurance limits are protected by the full faith and credit of the United States government.
  • CDs provide a predictable, set rate of return.
  • Depositors can walk into a local branch and open the CD and fund it that day. Question and inquiries can also be handles in-person.

The disadvantages of branch-based CDs are:

  • The deposited money is committed for a certain period of time and can only be withdrawn with substantial penalties.
  • One year CDs from branch banks often pay less interest than from online banks. Please see those rates here.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

SAVINGS & CD CALCULATOR

Find out how much extra money you can earn by moving your bank money into an account that pays more.

Use or Change these Amounts And Rates

CD Products by State