Would you like a CD that allows you to withdraw your principal as well as interest if you should need it?

The Greater Iowa Credit Union is offering an 11 and 29 month CD at 1.27% and 2.00% APY that allows you to take one withdrawal with no penalty as long as you maintain 50% of the original balance and maintain a balance greater than $500. The Greater Iowa CU currently has a 5 star “superior” rating with Bauerfinancial based on the most recent financial data.

First Class CU in Des Moines is going to give away $8500 on August 5. You must stop in to register to win the drawing. No purchase is necessary to enter now through July 31, 2010. The locations are 2051 Westover Parkway and 303 Euclid Ave. West Des Moines, IA 50265. If you can’t come in, you can write to the Westover Parkway address and request the form by putting ATTN: 85th Anniversary Contest. Address to First Class Credit Union. You do not need to be present to win. There will be only one winner. http://ig.libertyonline.net/ImageGallery/Custom/cu1146/PDFs/8500Giveaway.pdf

Iowa State Bank has what is called a “Capital Classic Club” that allows you to get preferred prices on traveling locations. You have to call to get this banks interest rates as they are not listed on the website. This bank also has what is called “Rita,” which allows you a business owner to electronically deposit your customers checks without making a trip to the bank. The scanner that works with your computer rents for $30 per month. www.iowastatebanks.com

The Native American Homeownership Initiative is advertised at FHLB of Des Moines where up to $50k can be reserved for as long as it lasts. They are committed to providing low cost housing and development funding. Some of the development programs they work with include Affordable Housing program, Community Investment program, and the Rural Homeownership fund as well. www.fhlbdm.com

Bankers Trust is offering 3 CDs with a $1k minimum. They are an 8 month with 1.81% APY, 36 month with 2.20% APY and 58 months with 3.10% APY. This bank currently has a 3 1/2 star “good” rating with Bauerfinancial based on the most recent financial data available on 12/31/09.

Disclaimer
This post was written as accurately as possible at the time of writing, however, we cannot guarantee accuracy at the time of your reading. Therefore, please contact the financial institution directly for more details.