Compare the Best Local Rates

Highest Current Iowa City, IA Bank Account Rates

It’s common for local financial institutions like credit unions and community banks to provide deposit accounts interest rates that are much higher than offers from national and chain banks. However, just because a bank or credit union is small doesn’t mean its rates are truly competitive.

Now that it’s the end of the month, let’s take a look at where the best bank account interest rates can be found in Iowa City, IA. Iowa City Banking Rates has put together a list of the best bank account rates in Iowa City (within a 50-mile radius) for savings and CD accounts:

Top Savings Interest Rates in Iowa City



  • Atkins Savings Bank: 1.51%
  • Fairfax State Savings Bank: 1.3%
  • The Family Credit Union: 1.01%


Best Iowa City 6-Month CD Rates



  • Security State Bank: 2.01%
  • Fairfax State Savings Bank: 1.75%
  • Best Of Iowa Community Credit Union: 1.75%


Highest Iowa City 12-Month CD Interest Rates



  • Security State Bank: 2.21%
  • Best Of Iowa Community Credit Union: 2.02%
  • Farmers and Merchants Savings Bank: 2%


Best 24-Month CD Rates in Iowa City



  • Mount Vernon Bank and Trust Company: 2.75%
  • Atkins Savings Bank: 2.52%
  • The Family Credit Union: 2.32%



Please note that these rates are accurate as of the publish date but are subject to change at any time. There may also be additional terms like balance requirements or fees that must be met in order to earn the above rates.