Iowa Cities > davenport
davenport Deposit Provider Listing

Best CD Rates - Davenport, Iowa Banks Certificiate of Deposit Rates

ERATE® provides this page to help consumers locate local financial institutions offering Depost/Savings accounts in davenport. Our goal is to provide an extensive network of sources that offer ways for you to protect, save and grow your assets throughout the davenport area. We are not responsible for the performance of these financial institutions. Whenever selecting a bank, credit union or other source be sure to do your own due diligence.

Deposit Provider Companies

American Bank and Trust Company, National Association

Certificates of Deposit

4301 East 53rd Street
Davenport, IA 52807

American Bank and Trust Company, National Association
4301 E 53rd St
Davenport, IA 52807

4301 East 53rd Street
Davenport, IA 52807

Certificates of Deposit

3889 ELMORE AVENUE BRANCH
3889 Elmore Avenue
Davenport, IA 52807

Phone Number: 563-441-1700

Blue Grass Savings Bank

Certificates of Deposit

DAVENPORT BRANCH
2722 West Locust Street
Davenport, IA 52804

CBI Bank & Trust

Certificates of Deposit

DAVENPORT BRANCH
101 W 2nd Street
Davenport, IA 52801

DAVENPORT BRANCH
2322 E. Kimberly Rd, Unit D2-1
Davenport, IA 52807

"If you're looking for a competitive, higher interest rate, a certificate of deposit may be the account for you.

A CD requires funds to remain on deposit for a specified time but offers you the security of a fixed rate. Our CDs are available in terms from 91 days to 60 months."

53RD STREET BRANCH
4500 East 53rd Street
Davenport, IA 52807

Phone Number: 563-441-1700

Fortress Bank

Certificates of Deposit

Davenport Branch
3260 E. 53rd Street
Davenport, IA 52807

Great Southern Bank

Certificates of Deposit

EAST KIMBERLY BRANCH
2020 East Kimberly Road
Davenport, IA 52807

WEST KIMBERLY BRANCH
427 West Kimberly Road
Davenport, IA 52806

LOCUST HYVEE BRANCH
2351 West Locust Street, Suite 100
Davenport, IA 52804

Certificates of Deposit

Northwest Bank & Trust Company
100 E Kimberly Rd
Davenport, IA 52806

LOCUST BRANCH
1454 West Locust Street
Davenport, IA 52804

Old National Bank

Certificates of Deposit

NORTHPARK BRANCH
320 West Kimberly Road
Davenport, IA 52806

DAVENPORT BRANCH
2801 East 53rd Street
Davenport, IA 52807

Quad City Bank and Trust Company

Certificates of Deposit

4500 BRADY STREET BRANCH
4500 Brady Street
Davenport, IA 52806

WEST DAVENPORT-FIVE POINTS BRANCH
1700 Division
Davenport, IA 52804

5405 UTICA RIDGE ROAD BRANCH
5405 Utica Ridge Road
Davenport, IA 52806

SENB Bank

Certificates of Deposit

DAVENPORT BRANCH
2036 East River Drive
Davenport, IA 52803

TBK BANK, SSB

Certificates of Deposit

JERSEY RIDGE BRANCH
5210 Jersey Ridge Road
Davenport, IA 52807

WEST DAVENPORT BRANCH
3325 West Kimberly
Davenport, IA 52806

"Savings Accounts and CDs - Start saving smarter. Whether you're starting to look at colleges or thinking about retirement, there are accounts for every stage."(from https://www.usbank.com/savings/)

Quad Cities - Division St Branch
3624 North Division Street
Davenport, IA 52806

Toll Free: 1-866-283-8092

Utica Ridge Road Branch
5515 Utica Ridge Road, Suite 400
Davenport, IA 52807

Toll Free: 1-866-283-8092

Quad Cities - Downtown Branch
201 West Second Street
Davenport, IA 52801

Toll Free: 1-866-283-8092

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U.S. Bank National Association

Certificates of Deposit

QUAD CITIES - DIVISION ST BRANCH
3624 North Division Street
Davenport, IA 52806

DAVENPORT NORTHWEST BRANCH
4004 Northwest Boulevard
Davenport, IA 52806

QUAD CITIES - DOWNTOWN BRANCH
201 West Second Street
Davenport, IA 52801

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Wells Fargo Bank

Certificates of Deposit

HICKORY GROVE BRANCH
2626 Hickory Grove Road
Davenport, IA 52804

BRADY BRANCH
5309 Brady Street
Davenport, IA 52806

DAVENPORT UTICA BRANCH
4300 East 53rd Street
Davenport, IA 52807

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Deposits come in various forms depending on one's amount willing to deposit, and length of time willing to invest.

Often, the hardest part of deciding on and purchasing investment options is understanding the process and the terms. It's no different with CDs. Here, we present a glossary of the CD vocabulary to better explain the product and its advantages and disadvantages.

  • Liquidity: In a savings or checking account, your funds are liquid. This means that you can withdraw as needed without penalties. In a CD, you are placing a certain amount of money in a locked fund. It is not liquid, meaning you cannot withdraw funds without penalty.
  • Term: CDs are defined by the amount of time funds are locked, called terms. CDs are available in many different terms, usually ranging from three months to five years. Over the term your funds accrue interest and are not available for withdrawal without penalties. (continued here)

Current CD Rates in IA

Davenport, Iowa, is a bustling city that is known for its diverse economy and thriving business community. The city's financial infrastructure is a vital component of its economic success.

Davenport's economy is primarily driven by the manufacturing, healthcare, and education industries. The city is home to several manufacturing companies, including Alcoa, Arconic, and John Deere, providing employment opportunities for many residents. The healthcare industry also plays a critical role in the local economy, with several hospitals and medical facilities providing high-quality medical care to the community. The education industry, with its several colleges and universities, also contributes to the city's economic growth.

The highlights of Davenport include its vibrant downtown area, the Figge Art Museum, the Quad City Symphony Orchestra, and the Putnam Museum of History and Natural Science. The city also hosts several annual events, including the Mississippi Valley Fair and the Bix Beiderbecke Memorial Jazz Festival, providing residents with a range of entertainment options throughout the year.

Davenport is home to several major banks, including US Bank, Wells Fargo, and Bank of America. These banks offer a range of financial products and services, including checking and savings accounts, loans, and investment products. One of the most popular investment products offered by banks is the Certificate of Deposit or CD, which provides a fixed rate of return for a specific term.

CDs are a low-risk investment vehicle that provides a guaranteed return on investment. They are an excellent option for individuals who want to save for the future without taking on the risks associated with other types of investments. CDs are available in varying terms, ranging from 3 months to 5 years, and offer higher interest rates than traditional savings accounts.

In addition to major banks, Davenport is also home to several credit unions, including IH Mississippi Valley Credit Union, Ascentra Credit Union, and Vibrant Credit Union. These credit unions offer similar services to banks, including checking and savings accounts, loans, and investment products. They also offer CDs, providing residents with a range of investment options to meet their unique financial needs. It can be easy for residents to save for the future and achieve their financial goals.

Logos appearing on this page were obtained from their respective websites by ERATE for the purposes of product comparison or editorial purposes. ERATE is not directly affiliated with or endorsed by the lenders or financial institutions listed here. If you are the owner of the logo and wish for us to remove or change the logo, please contact us.