Bank Midwest CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

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Today's 12-month CD rates can be found at 3.28%, 6-month CD rates at 0.05% and 3-month CD rates at 3.75%. Current savings rates are at 0.01% and money market rates are at 2.00%. Mortgage rates today on 30-year fixed loans are around 6.51%. Credit Card rates are at 16.20%. Personal Loan rates are at 11.99%. All these rates, and more, can be found in our database of rates. Bank Midwest's 36-Month CD rates are at 4.06%, 12-Month CD rates are at 3.96%, 18-Month CD rates are at 3.85%, 24-Month CD rates are at 3.75%, 60-Month CD rates are at 3.54%. Bank Midwest's savings rates are at 0.25%. Bank Midwest's money market rates are at 3.04%.

Bank Midwest

To see how these rates compare to Bank Midwest CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Bank Midwest, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Bank Midwest CD rates. You can also compare Bank Midwest savings rates, MMA rates and mortgage rates using our other rate lists.

Bank Midwest money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Bank Midwest? Share your experience about Bank Midwest by leaving a review below, or read customer reviews before you decide to use Bank Midwest.

Bank Midwest Texas Ratio

Bank Midwest's Texas Ratio is at 1.55%, which is considered excellent. The Texas Ratio for Bank Midwest is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, Bank Midwest is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate
APY/APR
vs Avg
12-Month CD
3.96%
18-Month CD
3.85%
24-Month CD
3.75%
36-Month CD
4.06%
48-Month CD
3.54%
60-Month CD
3.54%
Savings
0.25%
MMA
3.04%
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A
Bank Midwest
1525 18th St
Spirit Lake, IA 51360
Member FDIC
MonitorBankRates' Rating
5/5
★★★★★

Bank Midwest CD Rates and Interest Rates

Bank
Product
APY
Min Dep
Bank Midwest
Bank Midwest
36-Month CD
4.06%
$500
Bank Midwest
Bank Midwest
12-Month CD
3.96%
$500
Bank Midwest
Bank Midwest
18-Month CD
3.85%
$500
Bank Midwest
Bank Midwest
24-Month CD
3.75%
$500
Bank Midwest
Bank Midwest
30-Month CD
3.54%
$500
Bank Midwest
Bank Midwest
48-Month CD
3.54%
$500
Bank Midwest
Bank Midwest
60-Month CD
3.54%
$500
Bank Midwest
Bank Midwest
Premier Money Market
3.04%
$250,000
Bank Midwest
Bank Midwest
Great Rewards Checking
2.02%
$0
Bank Midwest
Bank Midwest
Great Rate Savings
0.25%
$100
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare Bank Midwest Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Dep
Lincoln FSB of Nebraska
Lincoln FSB of Nebraska
Lifetime Checking
5.12%
$0
Service Federal Credit Union
Service Federal Credit Union
Primary Savings
5.00%
$0
EvaBank
EvaBank
24-Month CD
4.34%
$1,000
Stearns Bank Upsala N.A.
Stearns Bank Upsala N.A.
9-Month CD
4.23%
$500
Enterprise Bank Allison Park, PA
Enterprise Bank Allison Park, PA
60-Month CD
4.18%
$500
Newtown Savings Bank
Newtown Savings Bank
48-Month CD
4.00%
$500
Citizens National Bank of Albion
Citizens National Bank of Albion
24-Month CD
3.53%
$1,000
Baker-Boyer National Bank
Baker-Boyer National Bank
Money Market (Companion)
3.50%
$2,500
Solvay Bank
Solvay Bank
18-Month CD
3.50%
$500
United Trust Bank
United Trust Bank
18-Month CD
3.49%
$3,000
Gainey Business Bank
Gainey Business Bank
12-Month CD
3.30%
$5,000
FirstBank of Nebraska
FirstBank of Nebraska
60-Month CD
3.25%
$1,000
T Bank
T Bank
24-Month CD
3.20%
$1,000
Phoenixville Federal B&T
24-Month CD
3.15%
$500
BayFirst National Bank
BayFirst National Bank
60-Month CD
3.01%
$1,000
Farmers Bank Buhl, ID
Farmers Bank Buhl, ID
24-Month CD
3.00%
$500
The Peoples Community Bank
The Peoples Community Bank
36-Month CD (College Saver)
3.00%
$250
First Bank of Central Ohio
First Bank of Central Ohio
Premium Money Market
2.85%
$250,000
Foresight Bank
Foresight Bank
Money Market
2.84%
$500,000
Crest Savings Bank
Crest Savings Bank
48-Month CD
2.75%
$500
First State Bank and Trust
First State Bank and Trust
18-Month CD
2.57%
$1,000
cfsbank
cfsbank
48-Month CD
2.52%
$1,000
NBT Financial Bank
NBT Financial Bank
36-Month CD
2.52%
$1,000
Alpena-Alcona Area Credit Union
Alpena-Alcona Area Credit Union
36-Month CD
2.52%
$500
Corebank
Corebank
30-Month CD
1.72%
$1,000
G. W. Jones Exchange Bank
G. W. Jones Exchange Bank
12-Month CD
1.51%
$500
Nashville Savings Bank
Nashville Savings Bank
36-Month CD
1.31%
$1,000
United Minnesota Bank
United Minnesota Bank
48-Month CD
1.30%
$500
Gouverneur S&L
Gouverneur S&L
24-Month CD
1.01%
$2,500
Fulton Bank
Fulton Bank
30-Month CD
1.01%
$1,000
Everett Co-operative Bank
Everett Co-operative Bank
24-Month CD
1.00%
$500
FSB of Wyoming
12-Month CD
1.00%
$1,000
Prevail Bank
Prevail Bank
Triumph Money Market
1.00%
$250,000
The MINT National Bank
The MINT National Bank
MonuMINT Savings
1.00%
$0
Mutual Security Credit Union
Mutual Security Credit Union
24-Month CD
1.00%
$500
Bank of Hindman
Bank of Hindman
6-Month CD
0.75%
$1,000
Federation Bank
Federation Bank
24-Month CD
0.70%
$500
Security State Bank of Marine
Security State Bank of Marine
48-Month CD
0.70%
$300
Freehold Bank
Freehold Bank
60-Month CD
0.65%
$500
Bank of Herrin
Bank of Herrin
3-Month CD
0.50%
$1,000
The Bank of Steinauer
The Bank of Steinauer
Savings
0.25%
$50
Somerset Savings Bank
Somerset Savings Bank
18-Month CD
0.20%
$500
Central State Bank State Center, IA
Central State Bank State Center, IA
Regular Savings
0.15%
$50
Versailles S&L Co.
Versailles S&L Co.
Statement Savings
0.10%
$0
Skyone Federal Credit Union
Skyone Federal Credit Union
Advantage Checking
0.05%
$2,500
Applied Bank
Applied Bank
36-Month CD
0.05%
$1,000
360 Federal Credit Union
360 Federal Credit Union
Share Savings
0.05%
$5
Skowhegan Savings Bank
Skowhegan Savings Bank
Savings
0.04%
$25
Mayville State Bank
Mayville State Bank
Passbook Savings
0.02%
$0
Androscoggin Savings Bank
Androscoggin Savings Bank
Money Market
0.01%
$0
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Mortgage Rates March 25, 2025

Lender
Product
Rate
APR
Points
3.990%
4.357%
0.750
4.250%
4.514%
0.750
4.500%
4.685%
0.750
15-Year Fixed
5.125%
5.243%
0.625
5.560%
5.250%
0.000
15 Year Fixed
5.300%
5.390%
0.000
15-Year Fixed
5.375%
5.431%
0.000
5.125%
5.447%
1.125
5.250%
5.482%
0.500
5.250%
5.491%
0.000
5.250%
5.506%
0.000
5.375%
5.507%
0.000
5.300%
5.518%
0.000
5.375%
5.525%
0.750
15-Year Fixed Jumbo
5.500%
5.526%
0.000
5.375%
5.563%
0.000
5.500%
5.569%
0.000
5.250%
5.570%
1.250
5.375%
5.582%
1.000
5.500%
5.614%
0.000
5.250%
5.615%
1.750
5.250%
5.629%
2.000
5.500%
5.638%
0.000
5.500%
5.639%
0.250
Show More

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

Bank Midwest Information

Bank Midwest
1525 18th St
Spirit Lake, IA 51360
Dickinson
Established Date: 01/01/1887
FDIC Certificate #: 5170
Date of FDIC Deposit Insurance: 01/01/1934
Bank Holding Company: GOODENOW BCORP
How Many Domestic U.S. Offices? 11
How Many Branches are There? 11
Is Bank Midwest FDIC Insured? Yes
What is Bank Midwest's Cert number? 5170
What is the maximum amount for insured deposits? $250,000 per holder, per account

Bank Midwest Financials

Total Assets:
$1,330,625,000
Total Deposits:
$1,106,134,000
Equity Capital:
$110,161,000
Domestic Deposits:
$1,106,134,000
Net Income:
$2,589,000
Return on Assets:
0.6872%
Quarterly Return on Assets:
0.7700%
Pretax Return on Assets:
1.0245%
Pretax Quarterly Return on Assets:
1.0200%
Return on Equity:
9.0100%
Quarterly Return on Equity:
9.4500%
Common Equity Tier 1 Capital Ratio:
10.5451%
Tier 1 Risk-Based Capital Ratio:
10.5451%
Leverage Tier 1 (Core Capital) Ratio:
9.0203%
Total Risk-Based Capital Ratio (YTD):
11.3770%
Total Interest Income (YTD):
5.1205%
 
 
Headquarters:
Spirit Lake
FDIC Field Office:
Sioux City
Regulator:
FED
County:
Dickinson
# of Offices:
11
Metropolitan Statistical Area (MSA):
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region:
Western
FDIC Region:
Kansas City
Source: FDIC Last Updated 03/31/2024

FDIC List of Troubled Banks and the Texas Ratio

The Federal Deposit Insurance Corporation (FDIC) maintains a list of problem banks that isn't published or shared with anyone else. So how can the average depositor or lender know if their bank is a problem bank about to fail?

The Texas Ratio is one measure that might offer a clue. The ratio was developed by RBC Capital Markets analyst Gerard Cassidy in the 1980's to forecast which banks could fail during the 1980's real estate bubble...Deja vu, anyone?

The ratio is devised by comparing a bank's troubled loans to its capital. If the amount of bad loans equals or exceeds its capital, a ratio of 100% or higher, the bank might not have enough capital to cover its losses related to the bad loans on its books. Updated Failed Bank List Below:

    Read more...

Explore Other Rate Deals

Mortgage rates are holding steady as the Federal Open Market Committee (FOMC) ends its two day meeting this afternoon. The Fed Chairman, Ben Bernanke, will hold a press conference at 2:30 PM EST to announce any changes to the Fed's policies. Current mortgage rates on 30 year conforming loans are averaging 4.45 percent, an increase from last week's average 30 year mortgage rate of 4.42 percent.
Mortgage rates are mixed this week over last, as fixed conforming 30 year mortgage rates made a new record low on Monitor Bank Rates' average mortgage rate table. Current 30 year mortgage rates are averaging 3.95%, a record low rate and down from last week’s average 30 year mortgage rate of 3.99%. Mortgage rates today on 15 year conforming mortgage loans are averaging 3.39%, down from last week’s average 15 year rate of 3.32%. 

Bank or Credit Union Offers and Deals

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Treasury Yields are Moving Higher, Will Savings Rates Also Go Up?
BMO Alto CD Rates: 12-Month at 5.40% APY, 6-Month at 5.20% APY
Where's My Stimulus Payment (Tax Rebate)?
Mortage Rates Today Help Continued Gradual Healing of Housing Market
The Fed Increases the Fed Funds Rate: Why Does That Matter to Me?
Current 30 Year Mortgage Rates at 5.07% - MBA

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Bank Midwest Reviews

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