Fall In Love With Great Rates!
7 Month- 4.15% APY*
11 Month- 4.25% APY*
54 Month- 4.50% APY*
*Annual Percentage Yield (APY) is accurate as of 9/22/2026. Minimum deposit to open and obtain APY is $500. A penalty may be imposed for early withdrawal. Upon maturity, if not cashed in your 7 or 11 month CD Special will automatically renew for a 182 day term at the 182 day rate at that time. Upon maturity, if not cashed in your 54 month CD Special will automatically renew for 48 months at the 48 month rate at that time.
Benefits You’ll Love
- Fixed rates, higher than standard savings
- Save for short-term or long-term goals
- No setup or maintenance fees
- Automatic renewal upon maturity
- Fixed rates, higher than standard savings
- Receive higher rates by selecting a longer term
- Provides more guarantee than other risky investments
- Set aside for future savings goals
- A wide range of terms available (from 91 days to 60 months)
- No setup or maintenance fees
- Early withdrawals subject to penalty
- Interest above standard savings, which may compare favorably with other investment alternatives*
- Greater security; multi-million dollar FDIC insurance coverage
- Convenience; everything is managed internally by Midwest Bank:
- One interest rate
- One regular statement
- One year-end tax form (individuals only)
- Flexible maturity periods available
- Helps support lending opportunities within your local community
*Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS® Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS (Certificate of Deposit Account Registry Service) is a registered service mark of IntraFi® NetworkSM
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Use this calculator to determine your projected earnings from our Midwest Rewards Checking account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
CD (Certificate of Deposit) IRA CD's (Individual Retirement Account) and HSA CD's (Health Savings Account)
| Term | Minimum Opening Deposit | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|---|
| 91 Day*#~ | $500 | $500** | 3.50% | 3.55% |
| 182 Day*#~ | $500 | $500** | 3.50% | 3.55% |
| 12 Month*#~ | $500 | $500** | 3.94% | 4.00% |
| 12 Month ($25,000 or more)*#~ | $25,000 | $25,000** | 4.09% | 4.15% |
| 24 Month*#~ | $500 | $500** | 3.99% | 4.05% |
| 24 Month ($25,000 or more)*#~ | $25,000 | $25,000** | 4.14% | 4.20% |
| 30 Month*#~ | $500 | $500** | 3.99% | 4.05% |
| 36 Month*#~ | $500 | $500** | 4.04% | 4.10% |
| 36 Month ($25,000 or more)*#~ | $25,000 | $25,000 | 4.18% | 4.25% |
| 48 Month*#~ | $500 | $500** | 4.14% | 4.20% |
| 48 Month ($25,000 or more)*#~ | $25,000 | $25,000 | 4.28% | 4.35% |
| 60 Month*#~ | $500 | $500** | 4.18% | 4.25% |
| 60 Month ($25,000 or more)*#~ | $25,000 | $25,000 | 4.33% | 4.40% |
| 7 Month "Special"*#~ | $500 | $500** |
4.08% |
4.15% |
| 11 Month "Special"*#~ | $500 | $500** | 4.18% | 4.25% |
| 54 Month "Special"*#~ | $500 | $500** | 4.43% | 4.50% |
* A penalty may be imposed for early withdrawal.
** Daily balance. The amount of principal in the account each day.
~ IRA/HSA transfer fee could reduce the earnings on the CD account.
# Total annual contributions for IRA and HSA CD's may not exceed maximum allowable by law.
Checking Accounts
| Account | Minimum to Open | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|---|
| Midwest HSA Checking~++ | $100 | $0.01** | 0.40% | 0.40% |
~Fees could reduce earnings on the account
**Daily balance. The amount of principal in the account each day.
++ The interest rate and annual percentage yield may change after account opening
Midwest Business Checking with Interest
| Daily Balance | Minimum to Open | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|---|
| $0.01 - $9,999.99 ~++ | $100 | $0.01** | 0.20% | 0.20% |
| $10,000 - $49,999.99 ~++ | $100 | $0.01** | 0.25% | 0.25% |
| $50,000 - $99,999.99 ~++ | $100 | $0.01** | 0.30% | 0.30% |
| $100,000 - $999,999,999.99 ~++ | $100 | $0.01** | 0.40% | 0.40% |
~Fees could reduce earnings on the account
**Daily balance. The amount of principal in the account each day.
++The interest rate and annual percentage yield may change after account opening.
Midwest Business Money Market
| Daily Balance | Minimum to Open | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|---|
| $0.01 - $9,999.99 ~++ | $1,000 | $0.01** | 1.49% | 1.50% |
| $10,000 - $49,999.99 ~++ | $1,000 | $0.01** | 1.98% | 2.00% |
| $50,000 - $99,999.99 ~++ | $1,000 | $0.01** | 2.47% | 2.50% |
| $100,000 - $249,999.99 ~++ | $1,000 | $0.01** | 2.96% | 3.00% |
| $250,000 - $499,999.99 ~++ | $1,000 | $0.01** | 3.06% | 3.10% |
| $500,000 - $999,999.99 ~++ | $1,000 | $0.01** | 3.30% | 3.35% |
| $1,000,000 - $4,999,999.99 ~++ | $1,000 | $0.01** | 3.45% | 3.50% |
| $5,000,000 - $999,999,999.99 ~++ | $1,000 | $0.01** | 3.45% | 3.50% |
~Fees could reduce earnings on the account
**Daily balance. The amount of principal in the account each day.
++The interest rate and annual percentage yield may change after account opening.
Midwest Interest Checking
| Daily Balance | Minimum to Open | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|---|
| $0.01 - $9,999.99 ~++ | $500 | $0.01** | 0.20% | 0.20% |
| $10,000 - $49,999.99 ~++ | $500 | $0.01** | 0.25% | 0.25% |
| $50,000 - $99,999.99 ~++ | $500 | $0.01** | 0.30% | 0.30% |
| $100,000 - $999,999,999.99 ~++ | $500 | $0.01** | 0.40% | 0.40% |
~Fees could reduce earnings on the account
**Daily balance. The amount of principal in the account each day.
++The interest rate and annual percentage yield may change after account opening.
Midwest Rewards Checking ++
| Balance | Minimum Opening Deposit | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|---|
| If requirements are met, interest paid on balances up to $25,000 | $100 | $0.01** | 4.00% | 4.07% |
| If requirements are met, interest paid on portion of balance above $25,000 | $100 | $0.01** | 0.30% | 0.30%^ |
| All balances if qualifications NOT met | $100 | $0.01** | 0.10% | 0.10% |
Rewards Checking Requirements per Monthly Qualification Cycle:
Have at least one posted direct deposit; Be enrolled to receive electronic statements (log in to online banking a minimum of once every 365 days to maintain an active online banking account); Have a minimum of 10 posted debit card purchases.
^Earn up to 4.07% Annual Percentage Yield (APY) on balances between one penny and $25,000, and balances over $25,000 earn 0.30% interest rate on the portion of balance over $25,000, resulting in a range of 4.07% to 1.23% APY depending on the balance. If you do not meet the requirements per cycle, your account will still function as a free checking account earning 0.10% APY.
**Daily balance. The amount of principal in the account each day
++ The interest rate and annual percentage yield may change after account opening.
Money Market Savings
| Daily Balance | Minimum to Open | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|---|
| $0.01 - $9,999.99 ~++ | $1,000 | $0.01** | 1.49% | 1.50% |
| $10,000 - $49,999.99 ~++ | $1,000 | $0.01** | 1.98% | 2.00% |
| $50,000 - $99,999.99 ~++ | $1,000 | $0.01** | 2.47% | 2.50% |
| $100,000 - $249,999.99 ~++ | $1,000 | $0.01** | 2.96% | 3.00% |
| $250,000 - $499,999.99 ~++ | $1,000 | $0.01** | 3.06% | 3.10% |
| $500,000 - $999,999.99~++ | $1,000 | $0.01** | 3.30% | 3.35% |
| $1,000,000 - $4,999,999.99 ~++ | $1,000 | $0.01** | 3.45% | 3.51% |
| $5,000,000 - $999,999,999.99~++ | $1,000 | $0.01** | 3.45% | 3.51% |
~ Fees could reduce the earnings on the account, including IRA/HSA transfer fees.
**Daily balance. The amount of principal in the account each day.
++The interest rate and annual percentage yield may change after account opening.
Savings Accounts
| Account | Minimum Deposit to Open | Minimum Balance to Obtain APY | Interest Rate | APY |
|---|---|---|---|---|
| Midwest Savings~++ | $100 | $0.01** | 0.50% | 0.50% |
| Midwest Business Savings~++ | $100 | $0.01** | 0.50% | 0.50% |
| Midwest Young Savers ++ | $0 | $0.01** | 0.50% | 0.50% |
| Midwest IRA Savings~++ | $100 | $0.01** | 3.11% | 3.15% |
~ Fees could reduce earnings on the account.
**Daily balance. The amount of principal in the account each day.
++The interest rate and annual percentage yield may change after account opening.