Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Explore Your Options

Find the savings account that fits your goals and helps you make the most of every dollar.

Personal Savings

A simple way to start saving — for today and tomorrow.

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  • $100 minimum opening deposit
  • Earn competitive interest
  • Funds remain accessible
  • Foundation for future goals
Relationship Savings

The more you bank with us, the more you earn.

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  • Tiered interest based on your banking relationship
  • $1,000 minimum opening deposit
  • Funds remain available when needed
  • Smart step towards bigger financial goals
Christmas & Vacation Club Accounts

Stress free savings for the things that matter.

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  • Set money aside little by little
  • $10 minimum opening deposit
  • Designed to save for Christmas or Vacation
  • Watch your balances grow towards a meaningful goal
Dollar the Dinosaur Savings

A fun, rewarding way for kids to start saving.

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  • Designed for ages newborn to 12
  • $5 minimum opening deposit
  • Fun prizes and incentives
  • No minimum balance

See Compare Accounts Page for Additional Details.

Features & Benefits

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Competitive Interest Rates

Grow your savings faster with rates that help your money work harder for you.

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FDIC Insured

Rest easy knowing your deposits are protected up to the applicable limits.

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Local, Personalized Service

Bank with people who know you—friendly support from neighbors you trust.

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Savings Options for Every Stage of Life

From kids’ starter accounts to retirement-focused savings, we’ve got you covered.

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Digital & Mobile Banking Access

Bank on your schedule with online and mobile tools for transfers, deposits and account management.

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Financial Guidance & Resources

Access tools, articles and expert insights to stay on track toward your financial goals.

Visit a Branch

Find a Midwest Bank branch near you — visit us to open your account or get friendly, local support.

What to Bring to Open an Account
  • Valid government-issued photo ID
  • Social Security number
  • Initial deposit (amount varies by account type)
  • Proof of address (if different from ID)

Need Help?

Our customer service team is available to answer your questions.

Frequently Asked Questions

Find answers to common questions about your savings account features, fees and services.

Can I link my savings account to my checking account for overdraft protection?

Yes! You can link your Midwest Bank savings account to your checking account for overdraft protection. If your checking account balance falls short, available funds from your savings can automatically cover the difference. Restrictions and fees may apply. Please contact our customer service team for assistance setting this up.

Are there limits on transfers from my savings account?

Yes. Federal regulations limit certain types of withdrawals and transfers from savings accounts to six (6) per statement cycle. This includes online transfers, automatic transfers, and transactions by check or debit card. In-person withdrawals and ATM transactions are unlimited.

Is my savings account FDIC insured?

Yes. All Midwest Bank savings accounts are FDIC insured up to the applicable limits, providing peace of mind that your money is protected.

Can I set up automatic transfers to my savings account?

Absolutely. You can schedule automatic transfers from your Midwest Bank checking account to any of your savings accounts. It’s a convenient way to build your savings consistently over time. If you need help setting this up, please contact our customer service team.

Can I manage my savings account online?

Yes! With Midwest Bank’s digital and mobile banking platforms, you can check your balances, transfer funds, and manage your account anytime, anywhere.

Still have questions?