Find the latest Luana Savings Bank CD Rates, Offers, and Promotions here.
Update 7/31/24: Very slight increase in the 24 month, 42 month, and slight decrease in 48-month, 6, 7, 8 year terms. For a better option, we recommend checking out CDs from Rising Bank, Western Alliance Bank.
Best CD Rates: 5.06% APY 6, 12, 18-Month Terms ($100K Minimum)
Availability: Nationwide
Credit Inquiry: Unknown
About Luana Savings Bank
Luana Savings Bank was founded in 1908 and is currently the tenth largest bank in Iowa, with assets in excess of $1.9 billion. Some of Luana’s recent accomplishments include $645 Million in Single Family Home Originations in 2020, $346 Million – Record Home Loan Originations in the first 6 months of 2021, 18.20% Return on Equity, $2.1 Billion of Loans Serviced, and Top 100 Farm Lenders Nationally as reported by American Banker’s Association
I’ll go over on Luana Savings Bank CD rates below.
| Term | APY Rate | Minimum Deposit |
| 3-Month | 4.27% 4.42% |
$2K $100K |
| 6-Month | 4.91% 5.06% |
$2K $100K |
| 12-Month | 4.91% 5.06% |
$2K $100K |
| 18-Month | 4.91% 5.06% |
$2K $100K |
| 24-Month | 4.81% 4.96% |
$2K $100K |
| 30-Month | 4.70% 4.86% |
$2K $100K |
| 36-Month | 4.65% 4.81% |
$2K $100K |
| 42 Month Step-Up | 4.14% 4.30% |
$2K $100K |
| 48-Month | 4.23% 4.38% |
$2K $100K |
| 5-Year | 4.23% 4.38% |
$2K $100K |
| 6-Year | 4.04% 4.14% |
$2K $100K |
| 7-Year | 3.99% 4.09% |
$2K $100K |
| 8-Year | 3.84% 3.94% |
$2K $100K |
*The above rates are accurate as of 7/31/2024*
Luana Savings Bank CD Rates
All of Luana Savings Bank’s Certificates have tiered APYs, with deposits between $1k and $99,999,99 earning APYs a uniform 10 bps lower. Those with $100K or more will earn higher rate. Partial withdrawals are not permitted: only early closures are allowed.
With a opening deposit of $100K, you can invest in Luana Savings Bank CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals.
- Minimum deposit: $5K
- Maximum deposit: None
- Early withdrawal penalty: The Early Withdrawal Penalty for the 6-month Certificate Special is 3 months’ interest, with the 3-month Certificate losing 1 month’s interest.
(FDIC Insured)
| Alliant Credit Union 12-Month Certificate (4.15% APY) | Quontic Bank CD (Up to 4.25% APY) |
| Western Alliance Bank 3-Month CD (4.05% APY) | Western Alliance Bank 5-Month CD (3.85% APY) |
| Ponce Bank 3-Month CD (4.40% APY) | Blue Federal Credit Union 9-Month No Penalty CD (4.00% APY) |
| Rising Bank 6-Month CD (4.65% APY) | Rising Bank 12-Month CD (4.30% APY) |
| Sun Canyon Bank 11-Month CD (3.98% APY) | |
Bottom Line
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make. Funding a Certificate Special can be done by ACH, wire, internal transfer, or check. The only options for distributing maturing funds are a check mailed to the address on file or an internal transfer to a Luana savings account. There is a 10 day grace period before automatic renewal.
The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
If you are looking for a great CD account, I’d recommend to keep looking and compile a list of the best offers for you so you can narrow down the best account for you. We have listed out the best rates found nationwide at the links below, so click there to get started!
- 6-Month CD Rates
- 9-Month CD Rates
- 12-Month CD Rates
- 18-Month CD Rates
- 24-Month CD Rates
- 36-Month CD Rates
- 48-Month CD Rates
- 60-Month CD Rates
- No Penalty CD Rates
Be sure to apply as soon as you can to start your new account experience and start earning higher rates. Check back often for the latest Luana Savings Bank CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
| Rising Bank | 4.65% APY 6-Month CD | Review |
| Consumers Credit Union | 4.50% APY 9-Month Certificate | Review |
| Service Credit Union | 4.50% APY 6-Month CD | Review |
| Ponce Bank | 4.40% APY 3-Month High Yield CD | Review |
| Live Oak Bank | 4.30% APY 12-Month CD | Review |
| Quontic Bank | Up to 4.25% APY CD | Review |
| Live Oak Bank | 4.30% APY 12-Month Business CD | Review |
| Rising Bank | 4.30% APY 12-Month CD | Review |
| Ponce Bank | 4.20% APY 4-Month No-Penalty CD | Review |
| Alliant Credit Union | 4.15% APY 12-Month Certificate | Review |
| Discover Bank | 4.10% APY 12-Month CD | Review |
| First Mid Bank & Trust | 4.08% APY 9-Month CD | Review |
| Western Alliance Bank | 4.05% APY 3-Month CD | Review |
| Sallie Mae | 4.00% APY 14-Month CD | Review |
| Blue Federal Credit Union | 4.00% APY 9-Month No Penalty CD | Review |
| Sun Canyon Bank | 3.98% APY 11-Month CD | Review |
| Sallie Mae | 3.95% APY 10-Month CD | Review |
| Western Alliance Bank | 3.85% APY 5-Month CD | Review |
| GreenState Credit Union | 3.80% APY 10-Month CD | Review |
| Blue Federal Credit Union | 3.75% APY 15-Month CD | Review |
| Western Alliance Bank | 3.75% APY 6-Month CD | Review |
| CIT Bank | 3.50% APY 13-Month CD | Review |
| CIT Bank | 3.50% APY 11-Month No-Penalty CD | Review |
| Southwestern National Bank | 3.40% APY 8-Month CD | Review |
| Western Alliance Bank | 3.00% APY 12-Month CD | Review |
| First Financial Northwest Bank | 3.00% APY 12-Month CD | Review |
| Ponce Bank | 3.00% APY 1-Month High Yield CD | Review |
| CIT Bank | 3.00% APY 6-Month CD | Review |
| CIT Bank | 3.00% APY 18-Month CD | Review |
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