Cedar Falls Community Credit Union, which serves savers in seven north Iowa counties, has a couple of standout odd-term certificates of deposit.
With a $1,000 minimum deposit you can earn:
- 1.75% APY on 25-month CDs.
- 2.30% APY on 37-month CDs.
You can try searching Bankrate’s extensive database of the best CD rates from hundreds of banks and credit unions, but we suspect you’ll have a hard time beating these deals from Cedar Falls Community.
The credit union pays more than the best nationally available 24- and 36-month returns offered by the banks on our CD Rates Leaderboard.
Those yields are also good enough to land Cedar Falls Community a couple of spots in our rankings of the best local deals from credit unions and community banks around the country.
Cedar Falls is home to the University of Northern Iowa and membership is open to the residents of Black Hawk, Bremer, Butler, Grundy, Fayette, Buchanan and Chickasaw counties
You can download a membership packet from the website and join by mail or at one of the credit union’s three branches in Cedar Falls and Waverly.