Bank Iowa's Current Rates

Interest rates and annual percentage yields (APY) are accurate as of and subject to change at any time without prior notice.

Certificates of Deposit (CD) Rates

Account TypeMin Balance to obtain APYInterest RateAnnual Percentage Yield (APY)
7-Month CD Special*
$5,000 and above $5,000 4.20 4.25
13-Month CD Special*
$5,000 and above $5,000 4.20 4.25
23-Month CD Special*
$5,000 $5,000 4.16 4.20
3 Month**
$0 - $9,999.99 $500 1.01 1.01
$10,000 - $24,999.99 $10,000 1.01 1.01
$25,000 and above $25,000 1.01 1.01
6 Month**
$0 - $9,999.99 $500 1.53 1.54
$10,000 - $24,999.99 $10,000 1.53 1.54
$25,000 and above $25,000 1.53 1.54
12 Month**
$0 - $9,999.99 $500 1.69 1.70
$10,000 - $24,999.99 $10,000 1.69 1.70
$25,000 and above $25,000 1.69 1.70
18 Month**
$0 - $9,999.99 $500 1.82 1.83
$10,000 - $24,999.99 $10,000 1.82 1.83
$25,000 and above $20,000 1.82 1.83
24 Month**
$0 - $9,999.99 $500 1.60 1.61
$10,000 - $24,999.99 $10,000 1.60 1.61
$25,000 and above $25,000 1.60 1.61
30 Month**
$0 - $9,999.99 $500 1.55 1.56
$10,000 - $24,999.99 $10,000 1.55 1.56
$25,000 and above $25,000 1.55 1.56
36 Month**
$0 - $9,999.99 $500 1.48 1.49
$10,000 - $24,999.99 $10,000 1.48 1.49
$25,000 and above $25,000 1.48 1.49
48 Month**
$0 - $9,999.99 $500 1.42 1.42
$10,000 - $24,999.99 $10,000 1.42 1.42
$25,000 and above $25,000 1.42 1.42
60 Month**
$0 - $9,999.99 $500 1.34 1.34
$10,000 - $24,999.99 $10,000 1.34 1.34
$25,000 and above $25,000 1.34 1.34
36 Month Step Up***
$0 - $9,999.99 $500 1.27 1.27
$10,000 - $24,999.99 $10,000 1.27 1.27
$25,000 and above $25,000 1.27 1.27
60 Month Step Up***
$0 - $9,999.99 $500 1.19 1.19
$10,000 - $24,999.99 $10,000 1.19 1.19
$25,000 and above $25,000 1.19 1.19

*Minimum balance to open is $5,000.00. The interest rate and annual percentage yield will not change for the term of the account. Early withdrawal penalties may apply.

**Minimum balance to open is $500.00. The interest rate and annual percentage yield will not change for the term of the account. Early withdrawal penalties may apply.

***Minimum balance to open is $500.00. The interest rate and annual percentage yield may be increased once by the accountholder during the term of the CD. Early withdrawal penalties may apply.

Checking Accounts

Account TypeMin Balance to obtain APYInterest RateAnnual Percentage Yield (APY)
Personal Interest Checking Account*
$0 - $9,999.99 $0.01 0.03 0.03
$10,000 - $24,999.99 $10,000 0.06 0.06
$25,000 $99,999.99 $25,000 0.09 0.09
$100,000 and above $100,000 0.14 0.14
Prestige Checking Account*
$500 and above $500 0.05 0.05

*Minimum balance to open account is $10.00. Interest rate and annual percentage yield (APY) is variable and subject to change at any time. Fees may reduce earnings.

Savings Accounts

Account TypeMin Balance to obtain APYInterest RateAnnual Percentage Yield (APY)
Regular Savings*
$0 - $999.99 $0.01 0.04 0.04
$1,000 and above $1,000 0.07 0.07
Young Savers Savings*
$0 - $999.99 $0.01 0.11 0.11
$1,000 and above $1,000 0.11 0.11
Money Market*
$0 - $999.99 $0.01 0.31 0.31
$1,000 - $49,999.99 $1,000 0.45 0.45
$50,000 - $99,999.99 $50,000 0.60 0.60
$100,000 - $499,999.99 $100,000 0.77 0.77
$500,000 and above $500,000 0.98 0.98
Premier Money Market*
$0 - $24,999.99 $0.01 0.43 0.43
$25,000 - $99,999.99 $25,000 0.60 0.60
$100,000 - $249,999.99 $100,000 0.93 0.93
$250,000 - $999,999.99 $250,000 1.00 1.00
$1,000,000 and above $1,000,000 1.26 1.27

*Minimum balance to open account is $10.00. Interest rate and annual percentage yield (APY) is variable and subject to change at any time. Fees may reduce earnings.

Interest rates and annual percentage yields (APY) are accurate as of and subject to change at any time without prior notice.