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Iowa Savings Account Rates: Banks Versus Credit Unions

Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Iowa savings account. Of course, only one financial institution in the state can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.

Below is a list of the best savings account rates in Iowa, split up by credit unions and banks. Did your financial institution make the list?

Iowa Banks with the Highest Savings Rates

  • The Farmers State Bank Marcus, IA: 1.1%
  • Iowa State Bank Clarksville, Kesley, Parkersburg: 1.05%
  • Corridor State Bank: 1%
  • Viking State Bank & Trust: 0.75%
  • Bellevue State Bank: 0.75%

Credit Unions in Iowa with the Best Savings Interest Rates

  • Ashworth Credit Union: 1.2%
  • Advantage Credit Union: 1.01%
  • Racom Community Credit Union: 0.75%
  • Industrial Employees Credit Union: 0.75%
  • Quaker Oats Credit Union: 0.6%

Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.

 

Best Iowa 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
The Farmers State Bank Marcus, IA 2 Year CD Account
1.45%
Date: May 16, 2012
American State Bank 2 Year CD Account
1.40%
Date: May 10, 2012
American Bank National Association 2 Year CD Account
1.40%
Date: May 10, 2012
Northwestern Bank 2 Year CD Account
1.40%
Date: Apr 25, 2012
Primebank 2 Year CD Account
1.35%
Date: Apr 30, 2012
First Credit Union - Cedar Rapids Iowa 2 Year CD Account
1.31%
Date: May 8, 2012
First Security State Bank 12 Month CD Account
0.80% to
0.60%
Date: May 16, 2012
Commercial Savings Bank 12 Month CD Account
0.55% to
0.50%
Date: May 16, 2012
South Story Bank Savings Account
0.20% to
0.10%
Date: May 16, 2012
River Valley Credit Union - Iowa 12 Month CD Account
0.60% to
0.50%
Date: May 14, 2012
Guthrie County State Bank 2 Year CD Account
0.80% to
0.65%
Date: May 11, 2012
Henry County Community Credit Union Savings Account
0.75% to
0.85%
Date: May 11, 2012
See All Banking Rates
 

 
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