Best Checking Accounts & Rates in Iowa - May 2026
Content reviewed by
Brian McKay
i
Editorial Disclosure
Brian McKay
Brian McKay
Founder & Data ArchitectExpertise
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
The best checking rates for Iowa include Metco Credit UnionMetco Credit Union115 8th Ave SW, Cedar Rapids, IA 52404A+5.0 ★Texas Ratio: 0.78% Ultimate Checking at 5.09% APY, Greater Iowa Credit UnionGreater Iowa Credit Union801 Lincoln Way, Ames, IA 50010A5.0 ★Texas Ratio: 8.23% Greater CheckingTM at 5.00% APY, Collins Community Credit UnionCollins Community Credit Union1005 Blairs Ferry Rd NE, Cedar Rapids, IA 52402 1292B-4.3 ★Texas Ratio: 21.19% Advantage Protect Checking at 4.85% APY, Cent Credit UnionCent Credit Union3124 4th St SW, Mason City, IA 50401 1522A+5.0 ★Texas Ratio: 2.76% PerCENTage Checking at 4.00% APY, and PSB Indianola, IAPSB Indianola, IA802 W Jasper St, Pleasantville, IA 50225A+5.0 ★Texas Ratio: 1.82% Kasasa Cash Checking at 3.50% APY. Checking account rates as of May 21, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare checking account rates across Iowa side-by-side. Iowa checking rates currently reach as high as 5.09% APY from Metco Credit Union at 115 8th Ave SW, Cedar Rapids, IA, 52404. Rates are continually updated — we recommend checking back frequently.
Checking account rates reflect recent market quotes and representative offers available to depositors in Iowa. Checking Account Rates Last Updated and Verified: May 21, 2026
Compare Checking Account Rates Today in Iowa
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Metco Credit Union
Cedar Rapids, IA 52404
Institution Rating:
A+5.0 ★ Texas Ratio: 0.78%
115 8th Ave SWCedar Rapids, IA 52404
Ultimate Checking
5.09%
$0
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifications Required; Qualifying balance up to $15,000.00
Greater Iowa Credit Union
Ames, IA 50010
Institution Rating:
A5.0 ★ Texas Ratio: 8.23%
801 Lincoln WayAmes, IA 50010
Greater CheckingTM
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Qualifications Required; Qualifying balance up to $20,000
Collins Community Credit Union
Cedar Rapids, IA 52402 1292
Institution Rating:
B-4.3 ★ Texas Ratio: 21.19%
1005 Blairs Ferry Rd NECedar Rapids, IA 52402 1292
Advantage Protect Checking
4.85%
$0
▼
Rate4.75%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifying balance up to $25,000.00
Collins Community Credit Union
Cedar Rapids, IA 52402 1292
Institution Rating:
B-4.3 ★ Texas Ratio: 21.19%
1005 Blairs Ferry Rd NECedar Rapids, IA 52402 1292
Advantage Checking
4.85%
$0
▼
Rate4.75%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifying balance up to $25,000.00
Cent Credit Union
Mason City, IA 50401 1522
Institution Rating:
A+5.0 ★ Texas Ratio: 2.76%
3124 4th St SWMason City, IA 50401 1522
PerCENTage Checking
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Qualifying balance up to $10,000.00
PSB Indianola, IA
Pleasantville, IA 50225
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
802 W Jasper StPleasantville, IA 50225
Kasasa Cash Checking
3.50%
$100
▼
Rate3.45%
Min Deposit$100
Min Balance—
UpdatedMay 17, 2026
Details
Qualifying balance up to $20,000
Farmers State Bank (Marion, IA)
Marion, IA 52302
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
1240 8th AveMarion, IA 52302
High-Yield Rewards Checking
3.50%
$1,000
▼
Rate3.45%
Min Deposit$1,000
Min Balance—
UpdatedMay 21, 2026
Details
Qualifications Required; Qualifying balance up to $20,000.00
Cobalt Federal Credit Union
Council Bluffs, IA 51503 1513
Institution Rating:
A5.0 ★ Texas Ratio: 6.75%
1141 N BroadwayCouncil Bluffs, IA 51503 1513
Cobalt Elite Checking Account
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Bank Plus
Ledyard, IA 50556
Institution Rating:
A-4.9 ★ Texas Ratio: 16.50%
210 Edmunds StLedyard, IA 50556
3.06%
$0
▼
Rate3.02%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $10,000.00
Heritage Bank N.A.
Sioux City, IA 51106
Institution Rating:
A5.0 ★ Texas Ratio: 6.65%
4530 Singing Hills BlvdSioux City, IA 51106
PAYROLL PLUS CHECKING ACCOUNT
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $100,000.00
Affinity Credit Union
Des Moines, IA 50313 2261
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
475 NW Hoffman LnDes Moines, IA 50313 2261
eGreen Rewards Checking
3.04%
$100
▼
Rate3.00%
Min Deposit$100
Min Balance—
UpdatedMay 18, 2026
Details
Qualifying balance up to $24,999.99
Dupaco Community Credit Union
Dubuque, IA 52001 3928
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
3299 Hillcrest RdDubuque, IA 52001 3928
1st Rate Checking Account
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Advantage Credit Union Newtown, IA
Newton, IA 50208 3040
Institution Rating:
A5.0 ★ Texas Ratio: 10.64%
121 W 3rd St NNewton, IA 50208 3040
Checking Accounts
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifications Required; Qualifying balance up to $10,000.00
Denver Savings Bank
Denver, IA 50622
Institution Rating:
A+5.0 ★ Texas Ratio: 0.54%
121 S State StDenver, IA 50622
DSBOne Rewards Checking
2.60%
$0
▼
Rate2.57%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $20,000.00
Cent Credit Union
Mason City, IA 50401 1522
Institution Rating:
A+5.0 ★ Texas Ratio: 2.76%
3124 4th St SWMason City, IA 50401 1522
Cool Club Checking
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Qualifying balance up to $5,000.00
Members Community Credit Union
Muscatine, IA 52761
Institution Rating:
A+5.0 ★ Texas Ratio: 0.39%
159 Colorado StMuscatine, IA 52761
Checking 2.0
2.25%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Heritage Bank N.A.
Sioux City, IA 51106
Institution Rating:
A5.0 ★ Texas Ratio: 6.65%
4530 Singing Hills BlvdSioux City, IA 51106
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $100,000.00
R.I.A. Federal Credit Union
Bettendorf, IA 52722
Institution Rating:
A5.0 ★ Texas Ratio: 6.26%
4343 Utica Ridge RdBettendorf, IA 52722
Smart Checking
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
Qualifying balance up to $15,000.00
Cent Credit Union
Mason City, IA 50401 1522
Institution Rating:
A+5.0 ★ Texas Ratio: 2.76%
3124 4th St SWMason City, IA 50401 1522
COIN Checking
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
No additional details provided.
1st Gateway Credit Union
Clinton, IA 52732 2946
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
1504 N 2nd StClinton, IA 52732 2946
1st Rate Checking**
1.80%
$0
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifications Required; Qualifying balance up to $20,000
Powered by
MonitorBankRates
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Metco Credit Union
Cedar Rapids, IA 52404
Institution Rating:
A+5.0 ★ Texas Ratio: 0.78%
115 8th Ave SWCedar Rapids, IA 52404
Ultimate Checking
5.09%
$0
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifications Required; Qualifying balance up to $15,000.00
Greater Iowa Credit Union
Ames, IA 50010
Institution Rating:
A5.0 ★ Texas Ratio: 8.23%
801 Lincoln WayAmes, IA 50010
Greater CheckingTM
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Qualifications Required; Qualifying balance up to $20,000
Collins Community Credit Union
Cedar Rapids, IA 52402 1292
Institution Rating:
B-4.3 ★ Texas Ratio: 21.19%
1005 Blairs Ferry Rd NECedar Rapids, IA 52402 1292
Advantage Checking
4.85%
$0
▼
Rate4.75%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifying balance up to $25,000.00
Collins Community Credit Union
Cedar Rapids, IA 52402 1292
Institution Rating:
B-4.3 ★ Texas Ratio: 21.19%
1005 Blairs Ferry Rd NECedar Rapids, IA 52402 1292
Advantage Protect Checking
4.85%
$0
▼
Rate4.75%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifying balance up to $25,000.00
Cent Credit Union
Mason City, IA 50401 1522
Institution Rating:
A+5.0 ★ Texas Ratio: 2.76%
3124 4th St SWMason City, IA 50401 1522
PerCENTage Checking
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Qualifying balance up to $10,000.00
PSB Indianola, IA
Pleasantville, IA 50225
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
802 W Jasper StPleasantville, IA 50225
Kasasa Cash Checking
3.50%
$100
▼
Rate3.45%
Min Deposit$100
Min Balance—
UpdatedMay 17, 2026
Details
Qualifying balance up to $20,000
Farmers State Bank (Marion, IA)
Marion, IA 52302
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
1240 8th AveMarion, IA 52302
High-Yield Rewards Checking
3.50%
$1,000
▼
Rate3.45%
Min Deposit$1,000
Min Balance—
UpdatedMay 21, 2026
Details
Qualifications Required; Qualifying balance up to $20,000.00
Cobalt Federal Credit Union
Council Bluffs, IA 51503 1513
Institution Rating:
A5.0 ★ Texas Ratio: 6.75%
1141 N BroadwayCouncil Bluffs, IA 51503 1513
Cobalt Elite Checking Account
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Bank Plus
Ledyard, IA 50556
Institution Rating:
A-4.9 ★ Texas Ratio: 16.50%
210 Edmunds StLedyard, IA 50556
3.06%
$0
▼
Rate3.02%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $10,000.00
Heritage Bank N.A.
Sioux City, IA 51106
Institution Rating:
A5.0 ★ Texas Ratio: 6.65%
4530 Singing Hills BlvdSioux City, IA 51106
PAYROLL PLUS CHECKING ACCOUNT
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $100,000.00
Affinity Credit Union
Des Moines, IA 50313 2261
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
475 NW Hoffman LnDes Moines, IA 50313 2261
eGreen Rewards Checking
3.04%
$100
▼
Rate3.00%
Min Deposit$100
Min Balance—
UpdatedMay 18, 2026
Details
Qualifying balance up to $24,999.99
Advantage Credit Union Newtown, IA
Newton, IA 50208 3040
Institution Rating:
A5.0 ★ Texas Ratio: 10.64%
121 W 3rd St NNewton, IA 50208 3040
Checking Accounts
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifications Required; Qualifying balance up to $10,000.00
Dupaco Community Credit Union
Dubuque, IA 52001 3928
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
3299 Hillcrest RdDubuque, IA 52001 3928
1st Rate Checking Account
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Denver Savings Bank
Denver, IA 50622
Institution Rating:
A+5.0 ★ Texas Ratio: 0.54%
121 S State StDenver, IA 50622
DSBOne Rewards Checking
2.60%
$0
▼
Rate2.57%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $20,000.00
Cent Credit Union
Mason City, IA 50401 1522
Institution Rating:
A+5.0 ★ Texas Ratio: 2.76%
3124 4th St SWMason City, IA 50401 1522
Cool Club Checking
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Qualifying balance up to $5,000.00
Members Community Credit Union
Muscatine, IA 52761
Institution Rating:
A+5.0 ★ Texas Ratio: 0.39%
159 Colorado StMuscatine, IA 52761
Checking 2.0
2.25%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Heritage Bank N.A.
Sioux City, IA 51106
Institution Rating:
A5.0 ★ Texas Ratio: 6.65%
4530 Singing Hills BlvdSioux City, IA 51106
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $100,000.00
Cent Credit Union
Mason City, IA 50401 1522
Institution Rating:
A+5.0 ★ Texas Ratio: 2.76%
3124 4th St SWMason City, IA 50401 1522
COIN Checking
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
No additional details provided.
R.I.A. Federal Credit Union
Bettendorf, IA 52722
Institution Rating:
A5.0 ★ Texas Ratio: 6.26%
4343 Utica Ridge RdBettendorf, IA 52722
Smart Checking
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
Qualifying balance up to $15,000.00
1st Gateway Credit Union
Clinton, IA 52732 2946
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
1504 N 2nd StClinton, IA 52732 2946
1st Rate Checking**
1.80%
$0
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Qualifications Required; Qualifying balance up to $20,000
Powered by
MonitorBankRates
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Farmers State Bank (Marion, IA)
Marion, IA 52302
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
1240 8th AveMarion, IA 52302
High-Yield Rewards Checking
3.50%
$1,000
▼
Rate3.45%
Min Deposit$1,000
Min Balance—
UpdatedMay 21, 2026
Details
Qualifications Required; Qualifying balance up to $20,000.00
PSB Indianola, IA
Pleasantville, IA 50225
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
802 W Jasper StPleasantville, IA 50225
Kasasa Cash Checking
3.50%
$100
▼
Rate3.45%
Min Deposit$100
Min Balance—
UpdatedMay 17, 2026
Details
Qualifying balance up to $20,000
Bank Plus
Ledyard, IA 50556
Institution Rating:
A-4.9 ★ Texas Ratio: 16.50%
210 Edmunds StLedyard, IA 50556
3.06%
$0
▼
Rate3.02%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $10,000.00
Affinity Credit Union
Des Moines, IA 50313 2261
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
475 NW Hoffman LnDes Moines, IA 50313 2261
eGreen Rewards Checking
3.04%
$100
▼
Rate3.00%
Min Deposit$100
Min Balance—
UpdatedMay 18, 2026
Details
Qualifying balance up to $24,999.99
Denver Savings Bank
Denver, IA 50622
Institution Rating:
A+5.0 ★ Texas Ratio: 0.54%
121 S State StDenver, IA 50622
DSBOne Rewards Checking
2.60%
$0
▼
Rate2.57%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $20,000.00
Powered by
MonitorBankRates
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
FreedomBank Elkader, IA
Postville, IA 52162
Institution Rating:
A5.0 ★ Texas Ratio: 8.43%
135 W Tilden StPostville, IA 52162
FREEDOMPLUS CHECKING
0.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
No additional details provided.
Vibrant Credit Union
Bettendorf, IA 52722
Institution Rating:
A-5.0 ★ Texas Ratio: 14.65%
3230 Ridge PtBettendorf, IA 52722
Everyday Checking
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
No additional details provided.
Community 1st Credit Union Ottumwa, IA
Ottumwa, IA 52501
Institution Rating:
B-4.3 ★ Texas Ratio: 21.04%
739 Pennsylvania AveOttumwa, IA 52501
C1st Free Checking
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
No additional details provided.
Greater Iowa Credit Union
Ames, IA 50010
Institution Rating:
A5.0 ★ Texas Ratio: 8.23%
801 Lincoln WayAmes, IA 50010
Greater Iowa Basic Blue CheckingTM
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
No additional details provided.
Members1st Community Credit Union
Marshalltown, IA 50158
Institution Rating:
A+5.0 ★ Texas Ratio: 3.57%
104 W Anson StMarshalltown, IA 50158
FREE Checking
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Members Community Credit Union
Muscatine, IA 52761
Institution Rating:
A+5.0 ★ Texas Ratio: 0.39%
159 Colorado StMuscatine, IA 52761
Free Checking
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Cobalt Federal Credit Union
Council Bluffs, IA 51503 1513
Institution Rating:
A5.0 ★ Texas Ratio: 6.75%
1141 N BroadwayCouncil Bluffs, IA 51503 1513
Free Checking Account
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
No additional details provided.
Powered by
MonitorBankRates
No Student accounts found at this time.
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Flanagan State Bank
Bremer, IA 50677
Institution Rating:
A5.0 ★ Texas Ratio: 10.36%
203 Crestwood AveBremer, IA 50677
Premier Business Checking Business
1.50%
$10,000
▼
Rate1.49%
Min Deposit$10,000
Min Balance—
UpdatedMay 21, 2026
Details
Minimum Deposit to Open and Obtain APY*: $50,000 and Over
Vibrant Credit Union
Bettendorf, IA 52722
Institution Rating:
A-5.0 ★ Texas Ratio: 14.65%
3230 Ridge PtBettendorf, IA 52722
Community Business Checking Business
1.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
No additional details provided.
Siouxland Federal Credit Union
Sioux City, IA 51105
Institution Rating:
A+5.0 ★ Texas Ratio: 3.86%
2920 Gordon DrSioux City, IA 51105
Checking Accounts - Personal & Business Business
0.75%
$25
▼
Rate0.75%
Min Deposit$25
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
Flanagan State Bank
Bremer, IA 50677
Institution Rating:
A5.0 ★ Texas Ratio: 10.36%
203 Crestwood AveBremer, IA 50677
Premier Business Checking Business
0.50%
$10,000
▼
Rate0.50%
Min Deposit$10,000
Min Balance—
UpdatedMay 21, 2026
Details
Minimum Deposit to Open and Obtain APY*: $25,000 - $49,999.99
R.I.A. Federal Credit Union
Bettendorf, IA 52722
Institution Rating:
A5.0 ★ Texas Ratio: 6.26%
4343 Utica Ridge RdBettendorf, IA 52722
Premier Business Checking Business
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
Qualifying balance up to $4,999.99
Community 1st Credit Union Ottumwa, IA
Ottumwa, IA 52501
Institution Rating:
B-4.3 ★ Texas Ratio: 21.04%
739 Pennsylvania AveOttumwa, IA 52501
Commercial Checking (Account No Longer Offered) Business
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
No additional details provided.
TruBank
What Cheer, IA 50268
Institution Rating:
A5.0 ★ Texas Ratio: 10.56%
108 S Barnes StWhat Cheer, IA 50268
Commercial Plus Checking Business
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
Home State Bank Royal, IA
Royal, IA 51357
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
202 3rd AveRoyal, IA 51357
Business Interest Checking Account Business
0.35%
$1,000
▼
Rate0.35%
Min Deposit$1,000
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
TruBank
What Cheer, IA 50268
Institution Rating:
A5.0 ★ Texas Ratio: 10.56%
108 S Barnes StWhat Cheer, IA 50268
Commercial Plus Checking Business
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
Siouxland Federal Credit Union
Sioux City, IA 51105
Institution Rating:
A+5.0 ★ Texas Ratio: 3.86%
2920 Gordon DrSioux City, IA 51105
Checking Accounts - Personal & Business Business
0.30%
$25
▼
Rate0.30%
Min Deposit$25
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
TruBank
What Cheer, IA 50268
Institution Rating:
A5.0 ★ Texas Ratio: 10.56%
108 S Barnes StWhat Cheer, IA 50268
Commercial Plus Checking Business
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
Vibrant Credit Union
Bettendorf, IA 52722
Institution Rating:
A-5.0 ★ Texas Ratio: 14.65%
3230 Ridge PtBettendorf, IA 52722
Standard Business Checking Business
0.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
No additional details provided.
Flanagan State Bank
Bremer, IA 50677
Institution Rating:
A5.0 ★ Texas Ratio: 10.36%
203 Crestwood AveBremer, IA 50677
Premier Business Checking Business
0.25%
$10,000
▼
Rate0.25%
Min Deposit$10,000
Min Balance—
UpdatedMay 21, 2026
Details
Minimum Deposit to Open and Obtain APY*: $10,000 - $24,99.99
TruBank
What Cheer, IA 50268
Institution Rating:
A5.0 ★ Texas Ratio: 10.56%
108 S Barnes StWhat Cheer, IA 50268
Commercial Plus Checking Business
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
Community 1st Credit Union Ottumwa, IA
Ottumwa, IA 52501
Institution Rating:
B-4.3 ★ Texas Ratio: 21.04%
739 Pennsylvania AveOttumwa, IA 52501
Business Interest Checking (Account No Longer Offered) Business
0.20%
$2,500
▼
Rate0.20%
Min Deposit$2,500
Min Balance—
UpdatedMay 20, 2026
Details
No additional details provided.
Reliance State Bank
Story City, IA 50248
Institution Rating:
A5.0 ★ Texas Ratio: 8.77%
606 Broad StStory City, IA 50248
Commercial Checking with Interest Business
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
Vibrant Credit Union
Bettendorf, IA 52722
Institution Rating:
A-5.0 ★ Texas Ratio: 14.65%
3230 Ridge PtBettendorf, IA 52722
Standard Business Checking Business
0.15%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
No additional details provided.
Community 1st Credit Union Ottumwa, IA
Ottumwa, IA 52501
Institution Rating:
B-4.3 ★ Texas Ratio: 21.04%
739 Pennsylvania AveOttumwa, IA 52501
Corporate Checking
0.15%
$50
▼
Rate0.15%
Min Deposit$50
Min Balance—
UpdatedMay 20, 2026
Details
No additional details provided.
Siouxland Federal Credit Union
Sioux City, IA 51105
Institution Rating:
A+5.0 ★ Texas Ratio: 3.86%
2920 Gordon DrSioux City, IA 51105
Checking Accounts - Personal & Business Business
0.15%
$25
▼
Rate0.15%
Min Deposit$25
Min Balance—
UpdatedMay 17, 2026
Details
No additional details provided.
Community 1st Credit Union Ottumwa, IA
Ottumwa, IA 52501
Institution Rating:
B-4.3 ★ Texas Ratio: 21.04%
739 Pennsylvania AveOttumwa, IA 52501
Corporate Checking
0.10%
$50
▼
Rate0.10%
Min Deposit$50
Min Balance—
UpdatedMay 20, 2026
Details
No additional details provided.
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MonitorBankRates
Iowa Checking Rate Trends
Compare local Iowa checking rate quotes against the statewide average
Daily checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield Checking — IA Avg
1.628%
▼ 0.030 vs 7 days ago
Iowa high-yield checking rates fell 0.030 points over the past 7 days to 1.628% APY.
Free Checking — IA Avg
0.945%
▲ 0.185 vs 7 days ago
Iowa free checking rates rose 0.185 points over the past 7 days to 0.945% APY.
As of May 22, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Iowa checking rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Iowa directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing this data from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Iowa. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in IA.
Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.
Frequently Asked Questions
Do checking accounts in Iowa earn interest?
Most traditional local checking accounts in Iowa earn 0% interest. However, High-Yield Checking or Rewards Checking accounts from online banks and select local credit unions can pay interest rates comparable to savings accounts.
Are banks in Iowa FDIC insured?
Yes. Legitimate banks with branches in Iowa are FDIC insured up to $250,000 per depositor. Local Credit Unions are similarly insured by the NCUA.
What fees should I watch out for?
Common fees include Monthly Maintenance Fees (often waivable with direct deposit), Overdraft Fees, and Out-of-Network ATM fees. We recommend looking for “Free Checking” accounts that explicitly state no monthly fees.
What is a Rewards Checking account?
Rewards Checking accounts (sometimes called Kasasa accounts) offer high interest rates or cash back on debit card purchases in exchange for meeting monthly requirements like a minimum number of debit card transactions, direct deposit enrollment, or e-statement signup.
Best Checking Rates in Iowa
Based on our current data, some of the highest checking account APYs available to residents of Iowa include:
- Metco Credit Union
Ultimate Checking — 5.09% APY - Greater Iowa Credit Union
Greater CheckingTM — 5.00% APY - Collins Community Credit Union
Advantage Protect Checking — 4.85% APY - Cent Credit Union
PerCENTage Checking — 4.00% APY - PSB Indianola, IA
Kasasa Cash Checking — 3.50% APY
Checking Account Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Iowa. Your final available rate may depend on qualifying activity and daily market movements. Last Updated and Verified: May 21, 2026
Checking Account Rates by City in Iowa
Rate Assistant
MonitorBankRates.com · Live Data
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