Local Iowa City 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 Iowa City 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.
Iowa City Banks with the Best 6-Month CD Rates
- Walcott Trust and Savings Bank: 1.05%
- Corridor State Bank: 1%
- Farmers Savings Bank Walford: 1%
Highest 12-Month CD Rates from Iowa City Banks
- Corridor State Bank: 1.55%
- Walcott Trust and Savings Bank: 1.4%
- Country Bank Edgington, IL: 1.25%
Best 24-Month CD Rates from Iowa City Banks
- Corridor State Bank: 2.1%
- Hiawatha Bank and Trust Company: 1.82%
- Walcott Trust and Savings Bank: 1.8%
Please note that these rates are accurate as of May 19, 2011 but are subject to change at any time.

