Person browsing top CD rates at Farmers State Bank in Marion, Iowa

Best CD Rates in Iowa

Start Earning with a Local Bank You Trust

Lock in a secure way to grow your savings in Cedar Rapids, Iowa, with an FSB Certificate of Deposit. Enjoy guaranteed returns, no fees,1 and flexible terms designed to help you reach your financial goals.

Secure Your Rate


Iowa-Based CDs with Terms That Fit Your Goals

Boost your savings with competitive CD rates designed to fit your financial goals.

Current Short-Term CD Specials

4.00%2

7 Month CD

3.75 %2

13 Month CD

3.50%2

22 Month CD

Open your CD account today ->

Looking for more options? See all rates.

Benefits of Opening a CD in Iowa with FSB

Competitive Rates Icon

Competitive Rates

Benefit from great rates, maximizing returns.

No Monthly Fees Icon

No Monthly Fees

Let your money work for you without paying fees.1

FDIC Insured Icon

FDIC Insured

Funds insured3 up to $250,000.

We Make Opening a CD Easy

1

Fill out our online account form in just a few minutes to get started.

2

A banker will reach out to confirm details and answer any questions.

3

Make your deposit, lock in your rate, and start earning with your CD!

Open Your CD Online

Beyond CDs: More Ways to Grow Your Money

Explore FSB's various high-yield investment options to help secure your financial future.





Icon for FSB's Traditional IRA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Traditional IRA

Start saving for retirement at any age & benefit from reduced taxes.4

Key Benefits:

  • Contribute W-2 earned income at any age

  • Potential tax deductions on contributions4

  • Annual contribution limit: $7,000
    • Extra $1,000 for those aged 50 and older

Icon for FSB's Roth IRA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Roth IRA

Save for retirement with tax-free withdrawals without deductions.4

Key Benefits:

  • Contribute W-2 earned income at any age

  • No mandatory withdrawals at age 73

  • Annual contribution limit: $7,000
    • Extra $1,000 for those aged 50 and older

Icon for FSB's Simple IRA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Simple IRA

A cost-effective retirement plan for businesses to offer employees.

Key Benefits:

  • Ideal for businesses with 100 or fewer employees

  • Employers can match employee contributions

  • Employers can make contributions on their employee's behalf

  • Lower costs and less paperwork than a traditional 401(k)


Icon for FSB's SEP IRA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

SEP IRA

An easy retirement plan for the self-employed & small business owners.

Key Benefits:

  • Simple and easy to set up

  • Tax-deferred growth until funds are withdrawn4

  • Flexible contributions—employers aren’t required to contribute every year


Icon for FSB's HSA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Health Savings Account (HSA)

A tax-advantaged way to save for medical expenses & earn interest.

Key Benefits:

  • Make tax-deductible contributions4

  • Tax-free withdrawals for qualified medical expenses4

  • Funds roll over year after year

  • Keep your HSA if you change jobs or retire


























Opening a CD was fast & easy, and the staff was incredibly helpful.
- Dianna G., Cedar Rapids Location

Looking for the Best CD Rates in Iowa?

Whether you're looking to grow your savings or plan for your financial future, FSB has the right solution for you. Just fill out the form linked below, and a local banker will contact you to complete the process.

Start Earning Guaranteed Growth

Couple looking at FSB's financial resources on a computer
No Fees. Guaranteed Growth.

Lock in a competitive rate with an FSB Certificate of Deposit—$1,000 minimum deposit, flexible terms, and no fees.1

Open Your CD Today