The best savings rates for Waterloo, Iowa and the surrounding area include Cedar Rapids Bank and Trust CompanyCedar Rapids Bank and Trust Company422 Commercial St, Waterloo, IA 50701A+5.0 ★Texas Ratio: 3.72% A savings account designed for children 18 years of age and under at 4.00% APY, MidWestOne BankMidWestOne Bank3110 Kimball Ave, Waterloo, IA 50702A+5.0 ★Texas Ratio: 4.78% Business High Yield Savings at 3.60% APY, Dupaco Community Credit UnionDupaco Community Credit Union218 W Mullan Ave, Waterloo, IA 50701A+5.0 ★Texas Ratio: 4.16% Launchpad Savings Account at 3.25% APY, Farmers State Bank Waterloo, IAFarmers State Bank Waterloo, IA131 Tower Park Dr, Waterloo, IA 50701A+5.0 ★Texas Ratio: 4.41% Smart Start Savings Account 6 at 0.50% APY, and Heartland Bank and Trust CompanyHeartland Bank and Trust Company4020 Bankers Blvd, Waterloo, IA 50701A+5.0 ★Texas Ratio: 1.53% Simply Savings at 0.50% APY. Savings rates as of March 25, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Waterloo, Iowa, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Waterloo, Iowa (IA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Waterloo, Iowa and the surrounding area. Last Updated and Verified: March 25, 2026
Introductory APY
Contact your local banker for more details!
Introductory APY
Contact your local banker for more details!
Introductory APY
Introductory APY
Max Balance $1,000
Introductory APY
Introductory APY
Introductory APY
Introductory APY
Introductory APY
Introductory APY
Introductory APY
Introductory APY
Qualifications Required: eStatements enrollment; Online Only
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Qualifying balance up to $500.00
Qualifying balance up to $5,000.00
Compare local Waterloo, IA savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Iowa high-yield savings rates rose 0.599 points this week to 1.936% APY, up from 1.337% last week.
Iowa standard savings rates rose 0.233 points this week to 0.603% APY, up from 0.371% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Waterloo, Iowa directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Waterloo, Iowa. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in IA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.