You are viewing rates across Iowa


Iowa CD Rates 2016

Below are the best one year CD Rates from banks in 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.

IA - December 9, 2016

1 Year CD National Average : 0.38% ?

Bank APY MIN MILES ?
Community State Bank 1.20% $25 -
Bankiowa Of Cedar Rapids 1.10% $500 -
Tbk Bank, Ssb 1.05% $500 -
Charter Bank 1.00% $10,000 -
Danville State Savings Bank 1.00% $500 -
Lincoln Savings Bank 0.95% $2,500 -
New Albin Savings Bank 0.90% $100,000 -
United Community Bank 0.90% $500 -
Savings Bank 0.90% $500 -
Farmers Savings Bank 0.85% $500 -
Ashton State Bank 0.85% $1,000 -
First State Bank 0.81% $100,000 -
American State Bank 0.80% $10,000 -
State Savings Bank 0.80% $10,000 -
Peoples Savings Bank 0.80% $1,000 -
New Albin Savings Bank 0.80% $1,000 -
Luana Savings Bank 0.80% $100,000 -
Atkins Savings Bank & Trust 0.75% $1,000 -
The First National Bank Of Rembrandt 0.75% $10,000 -
Security State Bank 0.75% $5,000 -
Security Trust & Savings Bank 0.75% $1,000 -
Security State Bank 0.75% $60,000 -
Iowa State Savings Bank 0.75% $25,000 -
Community Bank 0.75% $10,000 -
Community State Bank 0.75% $10,000 -
Community Bank Of Oelwein 0.75% $25,000 -
First State Bank 0.71% $500 -
Iowa State Bank 0.71% $1,000 -
Farmers Trust And Savings Bank 0.70% $100,000 -
Security State Bank 0.70% $10,000 -
Btc Bank 0.70% $500 -
The First National Bank In Creston 0.70% $500 -
Home State Bank 0.70% $1,000 -
Citizens State Bank 0.70% $25,000 -
West Iowa Bank 0.70% $1,000 -
Washington State Bank 0.70% $75,000 -
Primebank 0.70% $1,000 -
F&m Bank 0.65% $75,000 -
Bridge Community Bank 0.65% $500 -
Farmers Savings Bank 0.65% $500 -
Melvin Savings Bank 0.65% $500 -
Northwest Bank & Trust Company 0.65% $10,000 -
Marion County State Bank 0.65% $1,000 -
Peoples State Bank 0.65% $100,000 -
Frontier Bank 0.65% $50,000 -
Security State Bank 0.65% $1,000 -
Montezuma State Bank 0.65% $25,000 -
Citizens Savings Bank 0.65% $25,000 -
First State Bank 0.65% $10,000 -
Luana Savings Bank 0.65% $1,000 -
American Bank, National Association 0.65% $10,000 -
Earlham Savings Bank 0.65% $15,000 -
Farmers State Bank 0.65% $20,000 -
Bank 1st 0.62% $100,000 -
United Bank And Trust Company 0.60% $15,000 -
United Bank Of Iowa 0.60% $40,000 -
First State Bank 0.60% $500 -
Palo Savings Bank 0.60% $100,000 -
South Ottumwa Savings Bank 0.60% $100,000 -
Community State Bank 0.60% $100 -
Earlham Savings Bank 0.60% $1,000 -
Maynard Savings Bank 0.60% $1,000 -
Citizens State Bank 0.60% $10,000 -
Community Bank 0.60% $100,000 -
Home State Bank 0.60% $500 -
American Savings Bank 0.60% $5,000 -
Carroll County State Bank 0.60% $10,000 -
Center Point Bank And Trust Company 0.60% $500 -
Citizens Savings Bank 0.60% $10,000 -
Decorah Bank & Trust Company 0.60% $2,500 -
First National Bank In Fairfield 0.60% $50,000 -
First State Bank 0.60% $25,000 -
Peoples State Bank 0.60% $100,000 -
Templeton Savings Bank 0.60% $100,000 -
First National Bank Of Omaha 0.60% $500 -
The Watkins Savings Bank 0.60% $20,000 -
Success Bank 0.60% $100,000 -
Kerndt Brothers Savings Bank 0.60% $100,000 -
Peoples Bank 0.56% $7,500 -
Farmers State Bank 0.55% $500 -
Iowa State Bank And Trust Company Of Fairfield, Iowa 0.55% $50,000 -
Iowa Falls State Bank 0.55% $1,000 -
Pocahontas State Bank 0.55% $10,000 -
First State Bank 0.55% $1,000 -
United Bank Of Iowa 0.55% $10,000 -
Hardin County Savings Bank 0.55% $25,000 -
Kingsley State Bank 0.55% $1,000 -
Community State Bank 0.55% $25,000 -
Freedombank 0.55% $25,000 -
Farmers Savings Bank 0.55% $10,000 -
Templeton Savings Bank 0.55% $100 -
Farmers & Traders Savings Bank 0.55% $25,000 -
Leighton State Bank 0.55% $500 -
Green Belt Bank & Trust 0.55% $500 -
Peoples State Bank 0.55% $10,000 -
American Trust And Savings Bank 0.55% $10,000 -
Central Bank 0.55% $25,000 -
Central State Bank 0.55% $1,500 -
Peoples Savings Bank 0.55% $100,000 -
Montezuma State Bank 0.55% $10,000 -
Bankers Trust Company 0.55% $1,000 -
Laurens State Bank 0.55% $100,000 -
Farmers State Bank 0.55% $1,000 -
Citizens First Bank 0.55% $500 -
F&m Bank 0.55% $500 -
Fidelity Bank & Trust 0.55% $100,000 -
Audubon State Bank 0.55% $500 -
Exchange State Bank 0.55% $10,000 -
Gnb Bank 0.53% $35,000 -
Keystone Savings Bank 0.51% $100,000 -
Bank Plus 0.51% $1,000 -
Farmers Savings Bank 0.50% $1,000 -
Legacy Bank 0.50% $25,000 -
First State Bank 0.50% $25,000 -
Success Bank 0.50% $10,000 -
State Savings Bank 0.50% $1,000 -
Pilot Grove Savings Bank 0.50% $500 -
Farmers & Traders Savings Bank 0.50% $1,000 -
City State Bank 0.50% $500 -
First State Bank 0.50% $1,000 -
Security State Bank 0.50% $500 -
The State Bank 0.50% $1,000 -
Wayland State Bank 0.50% $10,000 -
Central State Bank 0.50% $100,000 -
The Watkins Savings Bank 0.50% $500 -
Pcsb Bank 0.50% $100,000 -
State Bank 0.50% $1,000 -
Carroll County State Bank 0.50% $500 -
Iowa State Bank 0.50% $1,000 -
Heartland Bank 0.50% $25,000 -
Community Bank Of Oelwein 0.50% $10,000 -
First National Bank In Fairfield 0.50% $10,000 -
United Bank And Trust Company 0.50% $5,000 -
Rolfe State Bank 0.50% $1,000 -
Farmers Trust And Savings Bank 0.50% $25,000 -
Bank Iowa 0.50% $500 -
Denver Savings Bank 0.50% $10,000 -
Fidelity Bank & Trust 0.50% $500 -
First Trust And Savings Bank 0.50% $10,000 -
Community Bank 0.50% $5,000 -
First State Bank 0.50% $500 -
Chelsea Savings Bank 0.50% $20,000 -
Farmers And Merchants Savings Bank 0.50% $500 -
First Citizens Bank 0.50% $50,000 -
The First National Bank Of Manning 0.50% $25,000 -
Raccoon Valley Bank 0.50% $1,000 -
Gnb Bank 0.48% $1,000 -
Iowa State Savings Bank 0.47% $25,000 -
Heritage Bank 0.45% $25,000 -
First State Bank 0.45% $500 -
Community State Bank 0.45% $10,000 -
Fort Madison Bank & Trust Co. 0.45% $1,000 -
Peoples Trust & Savings Bank 0.45% $75,000 -
Farmers Trust And Savings Bank 0.45% $100 -
Hardin County Savings Bank 0.45% $1,000 -
Elgin State Bank 0.45% $2,000 -
Benton County State Bank 0.45% $500 -
Cusb Bank 0.45% $1,000 -
Frontier Bank 0.45% $10,000 -
The Farmers State Bank 0.45% $1,000 -
Farmers & Merchants Savings Bank 0.45% $50,000 -
First National Bank 0.45% $75,000 -
Fairfax State Savings Bank 0.45% $1,000 -
Peoples Savings Bank 0.45% $10,000 -
Reliance State Bank 0.45% $25,000 -
State Bank Of Bussey 0.45% $500 -
Solon State Bank 0.45% $2,500 -
Washington State Bank 0.45% $500 -
Kerndt Brothers Savings Bank 0.45% $1,000 -
Wcf Financial Bank 0.45% $1,000 -
Northwest Bank 0.45% $15,000 -
First Security Bank And Trust Company 0.43% $10,000 -
Heartland Bank 0.43% $10,000 -
Guaranty Bank And Trust Company 0.42% $2,500 -
Farmers State Bank 0.41% $5,000 -
Manufacturers Bank & Trust Company 0.40% $100,000 -
Westside State Bank 0.40% $500 -
Farmers Trust & Savings Bank 0.40% $20,000 -
The First National Bank Of Manning 0.40% $500 -
First State Bank 0.40% $1,000 -
State Central Bank 0.40% $5,000 -
First State Bank 0.40% $1,000 -
White State Bank 0.40% $1,000 -
Peoples State Bank 0.40% $1,000 -
Farmers Savings Bank & Trust 0.40% $1,000 -
Blue Grass Savings Bank 0.40% $500 -
Bank 1st 0.40% $2,500 -
Iowa Savings Bank 0.40% $500 -
Liberty Trust & Savings Bank 0.40% $500 -
South Story Bank & Trust 0.40% $500 -
The Libertyville Savings Bank 0.40% $1,000 -
Cornerstone Bank 0.40% $1,000 -
Hiawatha Bank And Trust Company 0.40% $1,000 -
Community State Bank 0.40% $1,000 -
Dysart State Bank 0.40% $500 -
Maquoketa State Bank 0.40% $10,000 -
Peoples Savings Bank 0.40% $1,000 -
Union State Bank 0.40% $25,000 -
Mediapolis Savings Bank 0.40% $500 -
Security Savings Bank 0.40% $500 -
Citizens Bank 0.40% $500 -
Security State Bank 0.40% $1,000 -
Logan State Bank 0.40% $1,000 -
Arbor Bank 0.40% $2,500 -
Malvern Trust & Savings Bank 0.40% $500 -
Northeast Security Bank 0.40% $1,000 -
Gateway State Bank 0.40% $10,000 -
Century Bank 0.40% $500 -
Bank Iowa 0.40% $500 -
Iowa Trust And Savings Bank 0.40% $20,000 -
Blackhawk Bank & Trust 0.40% $500 -
Legacy Bank 0.40% $10,000 -
Security Savings Bank 0.40% $50,000 -
Citizens Savings Bank 0.40% $50,000 -
Iowa Trust & Savings Bank 0.40% $50,000 -
Chelsea Savings Bank 0.40% $1,000 -
Laurens State Bank 0.40% $500 -
Palo Savings Bank 0.40% $1,000 -
Midstates Bank, National Association 0.40% $500 -
Farmers Trust And Savings Bank 0.40% $1,000 -
Community Savings Bank 0.40% $1,000 -
Northstar Bank 0.40% $10,000 -
Pcsb Bank 0.40% $1,000 -
Northwest Bank 0.40% $1,000 -
Cbi Bank & Trust 0.40% $1,000 -
Liberty National Bank 0.40% $50,000 -
Iowa State Savings Bank 0.39% $10,000 -
Cedar Valley Bank & Trust 0.39% $20,000 -
Nsb Bank 0.36% $15,000 -
Sterling Federal Bank, F.s.b. 0.35% $5,000 -
Iowa State Bank And Trust Company Of Fairfield, Iowa 0.35% $10,000 -
Ohnward Bank & Trust 0.35% $35,000 -
Union State Bank 0.35% $10,000 -
American Trust & Savings Bank 0.35% $50,000 -
Bank Iowa 0.35% $500 -
Peoples Trust & Savings Bank 0.35% $500 -
Citizens State Bank 0.35% $1,000 -
Pinnacle Bank 0.35% $10,000 -
First National Bank 0.35% $500 -
State Bank 0.35% $500 -
Security Savings Bank 0.35% $10,000 -
St. Ansgar State Bank 0.35% $1,000 -
Metabank 0.35% $5,000 -
Heritage Bank 0.35% $10,000 -
Houghton State Bank 0.35% $1,000 -
Hills Bank And Trust Company 0.35% $500 -
Farmers And Merchants State Bank 0.35% $10,000 -
The Clinton National Bank 0.35% $500 -
Iowa Trust And Savings Bank 0.35% $1,000 -
First Heritage Bank 0.35% $1,000 -
Farmers Savings Bank 0.35% $1,000 -
Northwestern Bank 0.35% $1,000 -
State Bank & Trust Co. 0.35% $50,000 -
First Whitney Bank And Trust 0.35% $500 -
Great Southern Bank 0.35% $250 -
Commercial Savings Bank 0.35% $10,000 -
Reliance State Bank 0.35% $10,000 -
Citizens Savings Bank 0.35% $10,000 -
First National Bank, Ames, Iowa 0.35% $30,000 -
Victor State Bank 0.35% $1,000 -
First Security State Bank 0.35% $1,000 -
Central State Bank 0.35% $1,000 -
Iowa - Nebraska State Bank 0.35% $50,000 -
Keystone Savings Bank 0.35% $500 -
First Citizens Bank 0.35% $5,000 -
Exchange State Bank 0.35% $25,000 -
Farmers Trust & Savings Bank 0.35% $5,000 -
First National Bank 0.35% $1,000 -
County Bank 0.34% $25,000 -
Cedar Valley Bank & Trust 0.32% $500 -
Farmers State Bank 0.30% $1,000 -
Clear Lake Bank And Trust Company 0.30% $1,000 -
Visionbank Of Iowa 0.30% $1,000 -
Defiance State Bank 0.30% $500 -
Ohnward Bank & Trust 0.30% $10,000 -
Metabank 0.30% $10,000 -
Bankorion 0.30% $10,000 -
Federation Bank 0.30% $500 -
Peoples Savings Bank 0.30% $500 -
Iowa - Nebraska State Bank 0.30% $1,000 -
Freedombank 0.30% $1,000 -
Peoples Trust And Savings Bank 0.30% $1,500 -
Midwestone Bank 0.30% $10,000 -
Iowa State Savings Bank 0.30% $500 -
Boone Bank & Trust Co. 0.30% $10,000 -
South Ottumwa Savings Bank 0.30% $1,000 -
Farmers & Merchants Savings Bank 0.30% $10,000 -
Bank Iowa 0.30% $500 -
Exchange State Bank 0.30% $10,000 -
First Central State Bank 0.30% $10,000 -
Liberty National Bank 0.30% $10,000 -
Farmers And Merchants Savings Bank 0.30% $1,000 -
Guthrie County State Bank 0.30% $100,000 -
First Trust And Savings Bank 0.30% $7,500 -
Central Bank 0.30% $10,000 -
Carroll County State Bank 0.30% $500 -
The Citizens First National Bank Of Storm Lake 0.29% $10,000 -
Two Rivers Bank & Trust 0.27% $1,000 -
Clarke County State Bank 0.27% $1,000 -
Nsb Bank 0.27% $1,000 -
Titonka Savings Bank 0.26% $100,000 -
Premier Bank 0.25% $1,000 -
Bank 0.25% $1,000 -
Security State Bank 0.25% $10,000 -
Sterling Federal Bank, F.s.b. 0.25% $10,000 -
American State Bank 0.25% $1,000 -
United Bank & Trust National Association 0.25% $25,000 -
South Ottumwa Savings Bank 0.25% $10,000 -
Carroll County State Bank 0.25% $500 -
Midwest Heritage Bank, Fsb 0.25% $500 -
Citizens Savings Bank 0.25% $10,000 -
Iowa State Bank 0.25% $25,000 -
First Iowa State Bank 0.25% $100,000 -
American Trust & Savings Bank 0.25% $2,000 -
Iowa Trust & Savings Bank 0.25% $10,000 -
De Witt Bank & Trust Co. 0.25% $10,000 -
Farmers Savings Bank 0.25% $500 -
First National Bank, Ames, Iowa 0.25% $5,000 -
Nxt Bank 0.25% $500 -
Community Bank And Trust Company 0.25% $500 -
Bankiowa Of Cedar Rapids 0.24% $500 -
County Bank 0.24% $10,000 -
The Shelby County State Bank 0.24% $25,000 -
Heritage Bank National Association 0.23% $10,000 -
Farmers & Merchants Bank & Trust 0.21% $500 -
Iowa Trust & Savings Bank 0.20% $500 -
State Bank & Trust Co. 0.20% $5,000 -
Bank Of The West 0.20% $10,000 -
Iowa State Bank 0.20% $10,000 -
Guthrie County State Bank 0.20% $1,000 -
The First Trust & Savings Bank 0.20% $50,000 -
Farmers State Bank 0.20% $10,000 -
Iowa State Bank 0.20% $1,000 -
First National Bank Of Muscatine 0.20% $500 -
West Bank 0.20% $25,000 -
Bank Midwest 0.20% $1 -
United Bank & Trust National Association 0.20% $10,000 -
Valley Bank & Trust 0.20% $500 -
First Iowa State Bank 0.20% $5,000 -
Southeast National Bank 0.20% $1,000 -
First Iowa State Bank 0.20% $1,000 -
Dubuque Bank And Trust Company 0.20% $1,000 -
American National Bank 0.20% $10,000 -
The Shelby County State Bank 0.19% $1,000 -
Tri-valley Bank 0.18% $500 -
Treynor State Bank 0.17% $25,000 -
Titonka Savings Bank 0.16% $5,000 -
Walcott Trust And Savings Bank 0.15% $10,000 -
The First Trust & Savings Bank 0.15% $10,000 -
Treynor State Bank 0.15% $10,000 -
Lee County Bank & Trust, National Association 0.15% $1,000 -
West Bank 0.15% $1,000 -
Farmers Trust & Savings Bank 0.15% $5,000 -
Cedar Rapids Bank And Trust Company 0.15% $500 -
American Bank And Trust Company, National Association 0.15% $500 -
Landmands Bank 0.15% $25,000 -
Manufacturers Bank & Trust Company 0.15% $10,000 -
The State Bank Of Toledo 0.15% $1,000 -
U.s. Bank National Association 0.10% $10,000 -
First Midwest Bank 0.10% $100,000 -
The Security National Bank Of Sioux City, Iowa 0.10% $1,000 -
Home Federal Savings Bank 0.10% $10,000 -
Frontier Savings Bank 0.10% $500 -
Landmands Bank 0.10% $2,500 -
Bank Of America, National Association 0.07% $10,000 -
Bank Of America, National Association 0.05% $10,000 -
Wells Fargo Bank, National Association 0.05% $10,000 -
First American Bank 0.05% $10,000 -
Regions Bank 0.05% $500 -
First Midwest Bank 0.04% $1,000 -

BestCashCow strives to maintain the most accurate rates. If you find a rate that is not accurate, please let us know by commenting below so that we can update it. Thank you for your help.

PRODUCT INFORMATION

Certificates of Deposit - Branch Banks 2016

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, you 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 BOOSTER CALCULATOR

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  • Max

    June 07, 2016

    The Chase rates are not correct, in fact Chase never heard of these rates, if they are correct please inform Abilene and Dallas, I could use the rate as small as it may be, but better than most, if they exist. Thanks

  • joan

    June 06, 2016

    florida community bank 1.40% -9 months good all of june 2016

  • Tammie H.

    April 19, 2016

    Hello,

    I was just wondering if the rates posted on this site were current?

    I noticed at the top it does have todays date.

    Thank you.

  • boo

    April 13, 2016

    rates suck

  • Dan

    March 14, 2016

    The local offerings are there. Just put in your zip code. Click the link that says: Change zip.

  • F Jamees

    March 14, 2016

    Where are the local offerings of 71913. They use to be for local banks, we miss them. F James

  • Larry Triemer (ltriemer@yahoo.com)

    March 02, 2016

    I stopped receiving my weekly bank rates and wanted you to resume sending them. I registered today, again, using my work e-mail and would like for you to send them to the abovementioned e=mail address.

    Thank you,

    Larry Triemer+

  • jim

    February 12, 2016

    bank of Ontario (Ontario wi) offering 1 year ira cd for 1.9%

  • mike

    February 07, 2016

    Why can banks 100 miles away offer rates 5 to 6 time higher on a one year CD , seems banks and or there management in this area simply refuse to be competitive and show no respect for the people , neighbors and area they live and work in.

  • Braun

    December 30, 2015

    @Brian. Click the tabs at the top. You can choose the rate term you want.

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