Money market account yields are low. The national average is currently at 0.11 percent. If you are looking for a money market account and rates in Cedar Rapids, IA, our tools can help you find the best deals.
Money market accounts are insured by the Federal Deposit Insurance Corp. (FDIC) up to $250,000 per depositor, per bank, making them a safe investment. If you bank at a credit union, your accounts are insured up to the same amount by the National Credit Union Association (NCUA). Just make sure to compare the required minimum deposit amounts and fees before you settle on a bank in Iowa.
You can use our research to shop for a money market account and rates in Cedar Rapids, IA, today.
Money market account and rates in Cedar Rapids, Iowa
Here are the money market account rates in Cedar Rapids, IA, as of 10 a.m. on Monday.
|Banking Institution||Intro Rate||Intro Months||Rate After Intro||APY||Min. Bal. Open||Min. Bal. Avoid Fees||Monthly Fees|
|Hills Bank and Trust Company||0%||0||0.1%||0.1%||$1,000||$1,000||$8|
|Farmers State Bank||0%||0||0.05%||0.05%||$1,000||$1,000||$6|
Use our savings calculator to see how much you can earn with a money market account.