Banks in Sioux City with the Best Interest Rates Today
When searching for the best Sioux City interest rates, there are actually several different types of financial institutions where you can look like community banks, credit unions, national banks and online institutions. So why not begin your search close to home with the local banks in your area? These small organizations tend to offer higher rates than larger banks and chains. The following is a look at the highest rates from local banks specifically.
Best Sioux City Bank Savings Rates
Finding a savings account in Sioux City with a high interest rate will help you make the most out of your deposits. The community banks in Sioux City with the best savings rates today are:
- The Farmers State Bank Marcus, IA: 1.1%
- Kingsley State Bank: 0.75%
- American State Bank: 0.5%
Top CD Rates from Sioux City Banks
A certificate of deposit (CD) is like a savings account, but you keep your money on deposit for a set period of time in exchange for higher interest rates. The term is how long that deposit period is–generally, the longer the term, the higher the rate. Here are the best bank rates for various CD accounts in Sioux City.
6-Month CD
- The Farmers State Bank Marcus, IA: 1.05%
- Kingsley State Bank: 0.85%
- American State Bank: 0.7%
12-Month CD
- Kingsley State Bank: 1.25%
- The Farmers State Bank Marcus, IA: 1.15%
- American State Bank: 1.1%
24-Month CD
- American State Bank: 1.75%
- American Bank, National Association: 1.75%
- Primebank: 1.65%
The above rates are accurate as of June 14, 2011 but are subject to change at any time. Please contact individual banks to verify rates before opening an account. To see a comprehensive list of all the financial institutions in the city, visit our Sioux City Banks List.
