bank rates

Iowa, Illinois Deal: 2.63% On 5-Year CDs

One of the country’s top 5-year CD returns is available to lucky savers along the Illinois-Iowa border.

Serving the Quad Cities and almost the entire state line area, IH Mississippi Valley Credit Union is paying 2.63% APY on 60-month certificates with a minimum $500 deposit.

That puts the credit union almost four-tenths of a percentage point above the top-paying yield on our CD Rates Leaderboard, which currently stands at 2.27% APY.

It’s also enough to earn it a prominent spot in our constantly updated roundup of the country’s best credit union and community bank 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 IH Mississippi Valley’s deal.

Anyone who lives or works in 29 counties straddling the Illinois-Iowa border is eligible to join IH Mississippi Valley.

Joining and opening one of its CDs can be done online, by phone or at one of its 17 branches.

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