CDs and IRAs

Experience Enhanced Earnings with Ease

Certificates of Deposits

Enhance your savings strategy with the CD options at BankIowa – a secure and tailored approach to grow your wealth, no financial expertise needed. Enjoy the flexibility of setting your savings schedule and securing competitive interest rates. Explore BankIowa's competitive CD options and easily chart a path to financial prosperity. Begin your journey today for a more secure and rewarding financial future.

Check CD Rates

GET a 3-Month CD at 4.25% APY*!

Do you have money parked at a different financial institution? Bring it over to BankIowa!
We offer competitive CD rates and, right now, you can earn 4.25% APY* with a 3-month CD.

Hurry, this short-term CD special offer is available for a limited time!

Visit your local branch or call 1-800-433-0285 to open a new CD account.

*APY = Annual Percentage Yield. Rates effective as of December 23rd, 2024. $500 minimum deposit to obtain APY. CD special is available for a limited time. Rates may change without notice. Any fees incurred could reduce earnings. A penalty may be imposed for early withdrawal of funds. Member FDIC.

Certificates of Deposit Features:

Low Minimum Deposit: $500.00
Competitive Interest Rates
Flexible Terms: 3 to 60 months
Interest Payment Options: Compounding or Direct Deposit
FDIC Insurance Coverage
Locked-In Rates for Security
Collateral for BankIowa Loans
One-Way UP Certificate of Deposit:
- Opportunity to increase interest rates with a one-time option
- Additional deposits of $500 or more allowed at the time of rate change
- Maturity date remains unchanged
- New rate effective until the initial term expires

IRAs

At BankIowa, an Individual Retirement Account (IRA) is your key to a secure financial future. An IRA is a tax-advantaged savings account designed to help you grow your retirement funds. With various IRA options tailored to your needs, you can enjoy tax benefits while working towards a comfortable and worry-free retirement. Start building your retirement nest egg with BankIowa's IRA solutions today.

Traditional IRA

Unlock the benefits of a Traditional IRA with BankIowa for straightforward retirement savings. Perfect for anyone with earned income, this account allows you to delay taxes on your contributions' earnings until withdrawal. Plus, enjoy potential tax deductions for eligible contributions in the current tax year.* Simplify your path to a secure retirement with BankIowa.

Roth IRA

Explore the Benefits of a Roth IRA at BankIowa - Ideal for individuals earning income, especially those surpassing Traditional IRA income limits. With Roth IRAs, make nondeductible contributions and enjoy tax-free withdrawals for retirement savings*. For in-depth details on our range of CD or IRA products, reach out to any BankIowa Office.

Ask Us About IRAs

* Consult your tax advisor or legal counsel for advice and information concerning your particular situation.

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