VisionBank of Iowa

Scam Alert: If you own a home, there’s a pretty good chance you’ll need a contractor at one point or another. Unfortunately, finding a good one is easier said than done. According to a new study, one in 10 Americans has fallen victim to a contractor scam. The types of scams run the gamut, but baby boomers tend to be the most vulnerable, with 15% saying they’ve been a victim. Millennials were second-most likely to be victimized, at 13%.

Visit our Fraud Education Center to learn more about trending scams and Red Flags to watch out for. 

Fraud Prevention Tips

CDs and IRAs

Setting some money aside in a VisionBank savings account is a smart idea. Investing in a VisionBank Certificate of Deposit (CD) is even smarter. You choose the amount, term and interest payment method. And by opening a CD with VisionBank, you are not only funding your goals and dreams, you are helping locally owned small businesses grow and thrive.

Interest rates and Annual Percentage Yields effective May 15, 2024

Apply Now. 


 

CDs and IRAs

Terms (Months) Interest Rate APY
CDs and IRAs ($2,500 - $24,999.99)
6 months 1.20% 1.20%
12 months 1.50% 1.50%
18 months 1.60% 1.60%
24 months 1.75% 1.75%
36 months 1.80% 1.80%
48 months 2.00% 2.00%
60 months 2.00% 2.00%
CDs and IRA ($25,000 - $99,999.99)
6 Months 1.20% 1.20%
12 Months 1.50% 1.50%
18 Months 1.60% 1.60%
24 Months 1.75% 1.75%
36 Months 1.80% 1.80%
48 Months 2.00% 2.00%
60 Months 2.00% 2.00%
CDs and IRAs ($100,000 & above)
6 months 1.25% 1.25%
12 months 1.75% 1.75%
18 months 1.85% 1.85%
24 months 2.00% 2.00%
36 months 2.05% 2.05%
48 months 2.00% 2.00%
60 months 2.00% 2.00%

Interest rates and Annual Percentage Yield (APY) calculation based on interest compounding annually. Penalty for early withdrawal on Certificates of Deposits. Rates not applicable to Public Funds, Institutional and Out of State depositors without a primary checking relationship.

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