bank rates

Iowa Deal On Bump-Up CD Rates

City State Bank offers its good CD rates with a $500 minimum deposit.Iowa’s reputation as a CD rates leader remains intact, evidenced by City State Bank’s two odd-term specials with bump-up ability.

With a $500 minimum deposit, it’s paying:

  • 1.40% APY for 21-month CDs.
  • 1.85% APY for 35-month CDs.

Both easily beat the top nationally available CD rates for their terms on our CD Rates Leaderboard, and you can bump up the rates once.

The bump-up rate has to be for the closest terms, so the 24-month rate for the 21-month CD and the 36-month rate for the 35.

But you have to be an Iowa resident to purchase these certificates of deposit and buy them in person.

City State Bank (www.csb4me.com) has two locations outside of Cedar Rapids, in Central City and Marion.

See how these returns compare with the best CD rates from scores of banks in our extensive database.

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Comments (2)
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2 Existing Comments
  1. Kathy at Bankaholic said:
    on January 9th at 08:39 am

    You can still get these rates.

  2. Kathy at Bankaholic said:
    on January 15th at 10:50 am

    City State has dropped both rates — to 1.35% on the 21-month CD and 1.75% on the 35-month CD.