West Des Moines, Iowa (IA) Savings Rates - March 2026
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The savings 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 savings rates for West Des Moines, Iowa and the surrounding area include MidWestOne BankMidWestOne Bank9350 University Ave, West Des Moines, IA 50266A+5.0 ★Texas Ratio: 4.78% High-Yield Savings at 3.60% APY, SSB West Des Moines, IASSB West Des Moines, IA4800 George Mills Civic Pkwy, West Des Moines, IA 50265A5.0 ★Texas Ratio: 6.86% First-time Homebuyer Savings at 2.12% APY, First National Bank Ames, IowaFirst National Bank Ames, Iowa5625 Mills Civic Pkwy, West Des Moines, IA 50266A-5.0 ★Texas Ratio: 15.05% Health Savings Account at 2.02% APY, Earlham Savings BankEarlham Savings Bank7300 Lake Dr, West Des Moines, IA 50266A+5.0 ★Texas Ratio: 3.45% Age 12 & Under Savings at 1.85% APY, and Greater Iowa Credit UnionGreater Iowa Credit Union1630 22nd St, West Des Moines, IA 50266 1407A5.0 ★Texas Ratio: 8.63% Greater Savings at 1.70% APY. Savings rates as of March 28, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in West Des Moines, 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 West Des Moines, Iowa (IA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in West Des Moines, Iowa and the surrounding area. Last Updated and Verified: March 28, 2026
Compare the Best Savings Rates in West Des Moines, Iowa & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
9350 University Ave, West Des Moines, IA 50266
High-Yield Savings
3.60%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Contact your local banker for more details!
SSB West Des Moines, IA
Institution Rating:
A5.0 ★Texas Ratio: 6.86%
4800 George Mills Civic Pkwy, West Des Moines, IA 50265
First-time Homebuyer Savings
2.12%
$100
▼
Rate3.90%
Min Deposit$100
Min Balance—
UpdatedMar 28, 2026
Details
Qualifying balance up to $20,000.00
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Health Savings Account
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Individual Retirement Account (IRA) Savings
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Individual Retirement Account (IRA) Savings
1.86%
$0
▼
Rate1.85%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Earlham Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.45%
7300 Lake Dr, West Des Moines, IA 50266
Age 12 & Under Savings
1.85%
$10
▼
Rate1.84%
Min Deposit$10
Min Balance—
UpdatedMar 25, 2026
Details
$1.00 maintenance fee if the account falls below $10.00 any day of the month. A withdrawal fee of $.50 will be charged for each debit transaction in excess of three during a calendar month.
Earlham Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.45%
7300 Lake Dr, West Des Moines, IA 50266
Evantage Savings3
1.85%
$100
▼
Rate1.84%
Min Deposit$100
Min Balance—
UpdatedMar 25, 2026
Details
$5.00 maintenance fee if the account balance falls below $100.00 any day of the month. A withdrawal fee of $.50 will be charged for each debit transaction in excess of three during a calendar month.
Earlham Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.45%
7300 Lake Dr, West Des Moines, IA 50266
Regular Savings
1.85%
$100
▼
Rate1.84%
Min Deposit$100
Min Balance—
UpdatedMar 25, 2026
Details
$1.00 maintenance fee if the account falls below $100.00 any day of the month. A withdrawal fee of $.50 will be charged for each debit transaction in excess of three during a calendar month.
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Individual Retirement Account (IRA) Savings
1.76%
$0
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
Greater Savings
1.70%
$0
▼
Rate1.69%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifications Required; Qualifying balance up to $50,000.00
SSB West Des Moines, IA
Institution Rating:
A5.0 ★Texas Ratio: 6.86%
4800 George Mills Civic Pkwy, West Des Moines, IA 50265
Super Savings (Consumer and Commercial)
1.16%
$2,500
▼
Rate1.15%
Min Deposit$2,500
Min Balance—
UpdatedMar 28, 2026
Details
SSB West Des Moines, IA
Institution Rating:
A5.0 ★Texas Ratio: 6.86%
4800 George Mills Civic Pkwy, West Des Moines, IA 50265
Super Savings (Consumer and Commercial)
1.11%
$2,500
▼
Rate1.10%
Min Deposit$2,500
Min Balance—
UpdatedMar 28, 2026
Details
SSB West Des Moines, IA
Institution Rating:
A5.0 ★Texas Ratio: 6.86%
4800 George Mills Civic Pkwy, West Des Moines, IA 50265
Super Savings (Consumer and Commercial)
1.06%
$2,500
▼
Rate1.05%
Min Deposit$2,500
Min Balance—
UpdatedMar 28, 2026
Details
Bankers Trust Company
Institution Rating:
A+5.0 ★Texas Ratio: 2.53%
620 S 60th St, West Des Moines, IA 50266
Regular Savings Platinum Tier
1.05%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Loyalty Program
SSB West Des Moines, IA
Institution Rating:
A5.0 ★Texas Ratio: 6.86%
4800 George Mills Civic Pkwy, West Des Moines, IA 50265
Classic Savings
1.05%
$100
▼
Rate1.05%
Min Deposit$100
Min Balance—
UpdatedMar 28, 2026
Details
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Health Savings Account
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Bankers Trust Company
Institution Rating:
A+5.0 ★Texas Ratio: 2.53%
620 S 60th St, West Des Moines, IA 50266
Regular Savings Gold Tier
0.95%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Loyalty Program
Union State Bank Winterset, IA
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
6305 Mills Civic Pkwy, West Des Moines, IA 50266
Health Savings Account
0.90%
$0
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Union State Bank Winterset, IA
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
6305 Mills Civic Pkwy, West Des Moines, IA 50266
Regular Savings
0.90%
$0
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Money Market Savings
0.85%
$0
▼
Rate0.85%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Commercial & Consumer Accounts
Union State Bank Winterset, IA
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
6305 Mills Civic Pkwy, West Des Moines, IA 50266
Regular Savings
0.80%
$0
▼
Rate0.80%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Money Market Savings
0.70%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Commercial & Consumer Accounts
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield Roth IRA and Traditional IRA Savings
0.70%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield ESA Savings
0.70%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
Health Savings Account (HSA)
0.70%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Fees could reduce earnings on account. Rates may vary after the account is opened. APY is accurate as of the date listed above.
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield Roth IRA and Traditional IRA Savings
0.65%
$0
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
Health Savings Account (HSA)
0.65%
$0
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Fees could reduce earnings on account. Rates may vary after the account is opened. APY is accurate as of the date listed above.
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield ESA Savings
0.65%
$0
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Money Market Savings
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Commercial & Consumer Accounts
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
Health Savings Account (HSA)
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Fees could reduce earnings on account. Rates may vary after the account is opened. APY is accurate as of the date listed above.
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield ESA Savings
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield Roth IRA and Traditional IRA Savings
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Bankers Trust Company
Institution Rating:
A+5.0 ★Texas Ratio: 2.53%
620 S 60th St, West Des Moines, IA 50266
Regular Savings Silver Tier
0.55%
$0
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Loyalty Program
Bankers Trust Company
Institution Rating:
A+5.0 ★Texas Ratio: 2.53%
620 S 60th St, West Des Moines, IA 50266
Regular Savings Bronze Tier
0.55%
$0
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Loyalty Program
Bankers Trust Company
Institution Rating:
A+5.0 ★Texas Ratio: 2.53%
620 S 60th St, West Des Moines, IA 50266
Regular Savings
0.55%
$0
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Farmers State Bank Waterloo, IA
Institution Rating:
A+5.0 ★Texas Ratio: 4.41%
9750 University Ave, West Des Moines, IA 50266
Smart Start Savings Account 6
0.50%
$100
▼
Rate0.50%
Min Deposit$100
Min Balance—
UpdatedMar 26, 2026
Details
First National Bank Ames, Iowa
Institution Rating:
A-5.0 ★Texas Ratio: 15.05%
5625 Mills Civic Pkwy, West Des Moines, IA 50266
Money Market Savings
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Commercial & Consumer Accounts
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
Greater Savings
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
Health Savings Account (HSA)
0.45%
$0
▼
Rate0.45%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Fees could reduce earnings on account. Rates may vary after the account is opened. APY is accurate as of the date listed above.
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield Roth IRA and Traditional IRA Savings
0.45%
$0
▼
Rate0.45%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield ESA Savings
0.45%
$0
▼
Rate0.45%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Collins Community Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.97%
6260 Mills Civic Pkwy, West Des Moines, IA 50266 8004
Coverdell Education Savings Accounts
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
High Yield Roth IRA and Traditional IRA Savings
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Marine Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 16.80%
909 9th St, West Des Moines, IA 50265
Individual Retirement Account Savings
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Penalty may be imposed for early withdrawal.
Collins Community Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.97%
6260 Mills Civic Pkwy, West Des Moines, IA 50266 8004
Health Savings Account
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Union State Bank Winterset, IA
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
6305 Mills Civic Pkwy, West Des Moines, IA 50266
Regular Savings
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Midwest Heritage Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.99%
3580 Ep True Pkwy, West Des Moines, IA 50265
Health Savings Account
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Midwest Heritage Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.99%
3580 Ep True Pkwy, West Des Moines, IA 50265
Health Savings Account
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Collins Community Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.97%
6260 Mills Civic Pkwy, West Des Moines, IA 50266 8004
Coverdell Education Savings Accounts
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Financial Plus Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.04%
1831 25th St, West Des Moines, IA 50266 1416
Share Savings
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Financial Plus Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.04%
1831 25th St, West Des Moines, IA 50266 1416
Special Purpose Savings
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
No minimum balance required.
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
Primary and Secondary Shares
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Greater Iowa Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.63%
1630 22nd St, West Des Moines, IA 50266 1407
Share Accounts (Savings) - Primary and Secondary Shares
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
First Class Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.71%
2051 Westown Pkwy, West Des Moines, IA 50265 1541
Membership Share
0.10%
$25
▼
Rate0.10%
Min Deposit$25
Min Balance—
UpdatedMar 23, 2026
Details
First Class Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.71%
2051 Westown Pkwy, West Des Moines, IA 50265 1541
Youth Share (Age 0-12)
0.10%
$25
▼
Rate0.10%
Min Deposit$25
Min Balance—
UpdatedMar 23, 2026
Details
Marine Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 16.80%
909 9th St, West Des Moines, IA 50265
Savings Account
0.10%
$5
▼
Rate0.10%
Min Deposit$5
Min Balance—
UpdatedMar 27, 2026
Details
Collins Community Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.97%
6260 Mills Civic Pkwy, West Des Moines, IA 50266 8004
Coverdell Education Savings Accounts
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Collins Community Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.97%
6260 Mills Civic Pkwy, West Des Moines, IA 50266 8004
Lifestyle Savings Account
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Collins Community Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.97%
6260 Mills Civic Pkwy, West Des Moines, IA 50266 8004
Savings Ltd.
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Collins Community Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.97%
6260 Mills Civic Pkwy, West Des Moines, IA 50266 8004
Youth Savings Account
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
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The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
West Des Moines, IA Savings Rate Trends
Compare local West Des Moines, 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.
High-Yield Savings — IA Avg
1.936%
▼ 0.942 from last week
Iowa high-yield savings rates fell 0.942 points this week to 1.936% APY, down from 2.878% last week.
Standard Savings — IA Avg
0.632%
▼ 0.326 from last week
Iowa standard savings rates fell 0.326 points this week to 0.632% APY, down from 0.959% last week.
As of Mar 28, 2026 •
Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for West Des Moines, 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 West Des Moines, 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.
Frequently Asked Questions about Savings Accounts in West Des Moines, Iowa
What is a High-Yield Savings Account (HYSA)?
A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Iowa, help your money grow faster through a higher APY.
Are savings accounts in West Des Moines, Iowa safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Iowa up to $250,000 per depositor, per institution.
How often do savings rates change in West Des Moines, Iowa?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Iowa rate tables daily to ensure you see the most current high-yield options.
Do I need a minimum deposit to open a savings account?
It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in West Des Moines, Iowa may require $25–$100 to open an account.
What is the difference between a Savings Account and a Money Market Account?
Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.
Are online banks better than local banks in West Des Moines, Iowa?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in West Des Moines, Iowa offer in-person customer service, which some customers prefer.
How do I open a savings account in West Des Moines, Iowa?
You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.
Best Savings Rates in West Des Moines, Iowa
Here are recent savings rates observed in West Des Moines, Iowa and the surrounding area:
- MidWestOne Bank
High-Yield Savings — 3.60% APY - SSB West Des Moines, IA
First-time Homebuyer Savings — 2.12% APY - First National Bank Ames, Iowa
Health Savings Account — 2.02% APY - Earlham Savings Bank
Age 12 & Under Savings — 1.85% APY - Greater Iowa Credit Union
Greater Savings — 1.70% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in West Des Moines, Iowa. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 28, 2026
