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Midwest Bank Detroit Lakes, MN Rates & Review November 2026
Content reviewed by
Brian McKay
Brian McKay
Founder & Data Architect
Expertise
Automated Online Rate Data Aggregation
Location-Based Rate Tables
Bank & Credit Union Health Safety Ratings
Bank & Credit Union Star Ratings
Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
|✓Fact Checked|Rates Last Updated and Verified: November 5, 2026
Midwest Bank Detroit Lakes, MN's 54-Month CD rates are at 4.50%, 11-Month CD rates are at 4.35%, 7-Month CD rates are at 4.30%, CD - 60-Month rates are at 4.25%, CD - 24-Month rates are at 4.20%. Midwest Bank Detroit Lakes, MN's savings rates are at 3.51%. Midwest Bank Detroit Lakes, MN's money market rates are at 3.50%. Midwest Bank Detroit Lakes, MN's checking rates are as high as 4.07%. Midwest Bank Detroit Lakes, MN's top CD rate of 4.50% APY on a 54 month CD is 56% higher than the MonitorBankRates national average of 2.88% APY for that term, and it has an A+ health rating. MonitorBankRates evaluates the financial stability of Midwest Bank Detroit Lakes, MN with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.44%. Rates last updated and verified on 11/05/2026.
Midwest Bank Detroit Lakes, MN 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 Midwest Bank Detroit Lakes, MN? Share your experience about Midwest Bank Detroit Lakes, MN by leaving a review below, or read customer reviews before you decide to use Midwest Bank Detroit Lakes, MN.
Midwest Bank Detroit Lakes, MN has earned an overall safety grade of A+ (Exceptional, Score: 100/100).
This proprietary letter grade is calculated by combining the institution's Star Rating with its Texas Ratio, providing a straightforward indicator of its financial stability and reliability.
Grades range from A+ (Exceptional) to F (High Risk) based on objective FDIC regulatory data.
MonitorBankRates Rating
?
5.0
ExceptionalOut of 5.0 Stars
MonitorBankRates Star Rating
Midwest Bank Detroit Lakes, MN has earned a Star Rating of 5.0 out of 5 stars (Exceptional).
Our proprietary rating system evaluates financial stability including the Texas Ratio and capitalization and combines it with customer feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
?
0.44%
ExcellentLower than avg
Midwest Bank Detroit Lakes, MN Texas Ratio
Midwest Bank Detroit Lakes, MN's Texas Ratio is 0.44%, which is considered excellent and is lower than the national average of 5.85%.
Midwest Bank Detroit Lakes, MN has a very low volume of non-performing assets compared to its available capital, signifying a strong balance sheet.
The Texas Ratio compares non-performing assets to tangible common equity and loan loss reserves. Lower is better.
0.03% to 0.44% over 12 quarters, very strongFull history
Star Rating 5.0 to 5.0, Health Grade A+ to A+
The Texas Ratio for this bank has stayed very strong since Q3 2023. Lower is healthier; the amber line is the 15% level required for the MBR Verified Healthy badge.
Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.
Midwest Bank Detroit Lakes, MN CD Rates
Product
Rate
APY
Term
Min. Deposit
View More
54-Month CD Special
-
4.50%
54 months
$500
Min Deposit$500
Min Balance$500
DetailsMinimum deposit to open and obtain APY is $500; penalty may be imposed for early withdrawal; automatic renewal for 48 months at the 48 month rate at maturity; APY accurate as of 10/12/2026
Last Updated11/05/2026
Rate History
No change since Oct 21, 2026 · 4.50% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
54-Month CD
-
4.50%
54 Month
$500
Min Deposit$500
DetailsFall In Love With Great Rates promotion; $500 minimum to open
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.50% APY · checked 4 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 54-Month Special
4.43%
4.50%
54 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.50% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
11-Month CD Special
-
4.35%
11 months
$500
Min Deposit$500
Min Balance$500
DetailsMinimum deposit to open and obtain APY is $500; penalty may be imposed for early withdrawal; automatic renewal for a 182 day term at the 182 day rate at maturity; APY accurate as of 10/12/2026
Last Updated11/05/2026
Rate History
No change since Oct 21, 2026 · 4.35% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
11-Month CD
-
4.35%
11 Month
$500
Min Deposit$500
DetailsFall In Love With Great Rates promotion; $500 minimum to open
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.35% APY · checked 4 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 11-Month Special
4.28%
4.35%
11 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.35% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
7-Month CD Special
-
4.30%
7 months
$500
Min Deposit$500
Min Balance$500
DetailsMinimum deposit to open and obtain APY is $500; penalty may be imposed for early withdrawal; automatic renewal for a 182 day term at the 182 day rate at maturity; APY accurate as of 10/12/2026
Last Updated11/05/2026
Rate History
No change since Oct 21, 2026 · 4.30% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
7-Month CD
-
4.30%
7 Month
$500
Min Deposit$500
DetailsFall In Love With Great Rates promotion; $500 minimum to open
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.30% APY · checked 4 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 7-Month Special
4.23%
4.30%
7 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.30% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 60-Month
4.18%
4.25%
60 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.25% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 24-Month
4.14%
4.20%
24 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.20% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 48-Month
4.14%
4.20%
48 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.20% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 36-Month
4.04%
4.10%
36 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.10% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 30-Month
3.99%
4.05%
30 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.05% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 12-Month
3.94%
4.00%
12 Month
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 4.00% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 182 Day
3.50%
3.55%
182 Day
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.55% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
CD - 91 Day
3.50%
3.55%
91 Day
$500
Min Deposit$500
Min Balance$500
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.55% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Bank Detroit Lakes, MN Savings Rates
Product
Rate
APY
View More
Money Market Savings
3.45%
3.51%
Min Deposit$1,000
Min Balance$1,000,000
DetailsBalance: $1,000,000 - $4,999,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.51% APY · checked 5 times
No change since Oct 20, 2026 · 3.35% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
3.30%
3.35%
Min Deposit$1,000
Min Balance$500,000
DetailsBalance: $500,000 - $999,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.35% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest IRA Savings
3.11%
3.15%
Min Deposit$100
Min Balance$0
DetailsDaily balance; fees fees could reduce earnings; interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
1 change since Sep 14, 2026 · 3.00% → 3.15% ▲ 0.15 pts · high 3.15% / low 3.00%
No change since Oct 20, 2026 · 3.10% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
3.06%
3.10%
Min Deposit$1,000
Min Balance$250,000
DetailsBalance: $250,000 - $499,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.10% APY · checked 5 times
No change since Oct 20, 2026 · 3.00% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
2.96%
3.00%
Min Deposit$1,000
Min Balance$100,000
DetailsBalance: $100,000 - $249,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.00% APY · checked 5 times
No change since Oct 20, 2026 · 2.50% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
2.47%
2.50%
Min Deposit$1,000
Min Balance$50,000
DetailsBalance: $50,000 - $99,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 2.50% APY · checked 5 times
No change since Oct 20, 2026 · 2.00% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
1.98%
2.00%
Min Deposit$1,000
Min Balance$10,000
DetailsBalance: $10,000 - $49,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 2.00% APY · checked 5 times
No change since Oct 20, 2026 · 1.50% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
1.49%
1.50%
Min Deposit$1,000
Min Balance$0
DetailsBalance: $0.01 - $9,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 1.50% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Savings
0.50%
0.50%
Min Deposit$100
Min Balance$0
DetailsDaily balance; fees could reduce earnings; interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 0.50% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Young Savers
0.50%
0.50%
Min Deposit$0
Min Balance$0
DetailsDaily balance; interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 0.50% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Bank Detroit Lakes, MN Business Savings Rates
Product
Rate
APY
View More
Midwest Business Savings
0.50%
0.50%
Min Deposit$100
Min Balance$0
DetailsDaily balance; fees could reduce earnings; interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 0.50% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Bank Detroit Lakes, MN Money Market Rates
Product
Rate
APY
View More
Money Market Savings
3.45%
3.51%
Min Deposit$1,000
Min Balance$1,000,000
DetailsBalance: $1,000,000 - $4,999,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.51% APY · checked 5 times
No change since Oct 20, 2026 · 3.35% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
3.30%
3.35%
Min Deposit$1,000
Min Balance$500,000
DetailsBalance: $500,000 - $999,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.35% APY · checked 5 times
No change since Oct 20, 2026 · 3.10% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
3.06%
3.10%
Min Deposit$1,000
Min Balance$250,000
DetailsBalance: $250,000 - $499,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.10% APY · checked 5 times
No change since Oct 20, 2026 · 3.00% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
2.96%
3.00%
Min Deposit$1,000
Min Balance$100,000
DetailsBalance: $100,000 - $249,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.00% APY · checked 5 times
No change since Oct 20, 2026 · 2.50% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
2.47%
2.50%
Min Deposit$1,000
Min Balance$50,000
DetailsBalance: $50,000 - $99,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 2.50% APY · checked 5 times
No change since Oct 20, 2026 · 2.00% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
1.98%
2.00%
Min Deposit$1,000
Min Balance$10,000
DetailsBalance: $10,000 - $49,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 2.00% APY · checked 5 times
No change since Oct 20, 2026 · 1.50% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Money Market Savings
1.49%
1.50%
Min Deposit$1,000
Min Balance$0
DetailsBalance: $0.01 - $9,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 1.50% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Bank Detroit Lakes, MN Business Money Market Rates
Product
Rate
APY
View More
Midwest Business Money Market
3.45%
3.50%
Min Deposit$1,000
Min Balance$1,000,000
DetailsBalance: $1,000,000 - $4,999,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.50% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Business Money Market
3.30%
3.35%
Min Deposit$1,000
Min Balance$500,000
DetailsBalance: $500,000 - $999,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.35% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Business Money Market
3.06%
3.10%
Min Deposit$1,000
Min Balance$250,000
DetailsBalance: $250,000 - $499,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.10% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Business Money Market
2.96%
3.00%
Min Deposit$1,000
Min Balance$100,000
DetailsBalance: $100,000 - $249,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.00% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Business Money Market
2.47%
2.50%
Min Deposit$1,000
Min Balance$50,000
DetailsBalance: $50,000 - $99,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 2.50% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Business Money Market
1.98%
2.00%
Min Deposit$1,000
Min Balance$10,000
DetailsBalance: $10,000 - $49,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 2.00% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Business Money Market
1.49%
1.50%
Min Deposit$1,000
Min Balance$0
DetailsBalance: $0.01 - $9,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 1.50% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Bank Detroit Lakes, MN Checking Rates
Product
Rate
APY
View More
Midwest Rewards Checking
4.00%
4.07%
Min Deposit$100
Min Balance$0
DetailsQualifications Required; Qualifying balance up to $25,000.00
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 4.07% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest HSA Checking
0.40%
0.40%
Min Deposit$100
Min Balance$0
DetailsDaily balance; fees could reduce earnings; interest rate and APY may change after account opening
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 0.40% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Interest Checking
0.40%
0.40%
Min Deposit$500
Min Balance$100,000
DetailsBalance: $100,000 - $999,999,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 0.40% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Interest Checking
0.30%
0.30%
Min Deposit$500
Min Balance$50,000
DetailsBalance: $50,000 - $99,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 0.30% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Interest Checking
0.25%
0.25%
Min Deposit$500
Min Balance$10,000
DetailsBalance: $10,000 - $49,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 0.25% APY · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Interest Checking
0.20%
0.20%
Min Deposit$500
Min Balance$0
DetailsBalance: $0.01 - $9,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Sep 14, 2026 · 0.20% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Bank Detroit Lakes, MN Business Checking Rates
No change since Sep 14, 2026 · 0.20% APY · checked 13 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Midwest Bank Detroit Lakes, MN Other Rates
Product
Rate
Points
APY/APR
Term
View More
Business Certificates of Deposit
1.49%
-
1.50%
Min Deposit$1,000
Min Balance$0
DetailsBalance: $0.01 - $9,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 1.50% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Business Certificates of Deposit
1.98%
-
2.00%
Min Deposit$1,000
Min Balance$10,000
DetailsBalance: $10,000 - $49,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 2.00% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Business Certificates of Deposit
2.47%
-
2.50%
Min Deposit$1,000
Min Balance$50,000
DetailsBalance: $50,000 - $99,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 2.50% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Business Certificates of Deposit
2.96%
-
3.00%
Min Deposit$1,000
Min Balance$100,000
DetailsBalance: $100,000 - $249,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.00% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Business Certificates of Deposit
3.06%
-
3.10%
Min Deposit$1,000
Min Balance$250,000
DetailsBalance: $250,000 - $499,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.10% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Business Certificates of Deposit
3.30%
-
3.35%
Min Deposit$1,000
Min Balance$500,000
DetailsBalance: $500,000 - $999,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.35% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Business Certificates of Deposit
3.45%
-
3.51%
Min Deposit$1,000
Min Balance$1,000,000
DetailsBalance: $1,000,000 - $4,999,999.99; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; rates may change after account opening
Last Updated11/05/2026
Rate History
No change since Oct 20, 2026 · 3.51% APY · checked 3 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 0.44%
Financial Health History
Midwest Bank Detroit Lakes, MN’s Texas Ratio stayed near 0.03% in Q3 2023 to 0.44% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this bank’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade
How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.
Show the quarterly figures
Quarter
Total assets
Texas Ratio
Star Rating
Health Grade
June 30, 2026
$985M
0.44%
5.0
A+
March 31, 2026
$915M
0.44%
5.0
A+
December 31, 2025
$893M
0.20%
5.0
A+
September 30, 2025
$847M
0.21%
5.0
A+
June 30, 2025
$839M
0.22%
5.0
A+
March 31, 2025
$801M
0.14%
5.0
A+
December 31, 2024
$813M
0.11%
5.0
A+
September 30, 2024
$787M
0.02%
5.0
A+
June 30, 2024
$771M
0.41%
5.0
A+
March 31, 2024
$730M
0.02%
5.0
A+
December 31, 2023
$738M
0.02%
5.0
A+
September 30, 2023
$713M
0.03%
5.0
A+
Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data Sources
MonitorBankRates Star Rating:
Our rating for Midwest Bank Detroit Lakes, MN is derived from comprehensive financial data published quarterly by the FDIC.
Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.
Texas Ratio:
We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation:
We gather Midwest Bank Detroit Lakes, MN rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Midwest Bank Detroit Lakes, MN's official website for the most current offers and terms.
Address
613 Highway 10 E,
Detroit Lakes, MN 56501 · Becker
Bank Holding CompanyMIDWEST BANK GROUP INC
FDIC Certificate #9737
RegulatorFDIC
EstablishedJune 1, 1917
FDIC Insurance DateJanuary 1, 1934
Domestic Offices7
Total Branches7
FDIC Insured✓ Yes, up to $250,000 per depositor
Financials
MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (100/100)
Texas Ratio
0.44%
National Average Texas Ratio
5.85%
Return on Assets (ROA)
2.5164%
Return on Equity (ROE)
25.5900%
Non-Performing Loans Ratio (NPL)
0.04%
Total Assets
$984,523,000
Total Deposits
$788,495,000
Equity Capital
$93,398,000
Net Income
$11,713,000
Headquarters
Detroit Lakes
Total Branches and Offices
7
Source: FDIC — Last Updated June 30, 2026
2026 MBR Health & Safety Badge
Midwest Bank Detroit Lakes, MN earned the Verified Healthy badge
Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.
Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter, and this profile page always shows the latest results, so the code never needs to change.
Learn more about the MBR Health & Safety Badge program on our methodology page.
Customer Reviews
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0
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Frequently Asked Questions About Midwest Bank Detroit Lakes, MN
Does Midwest Bank Detroit Lakes, MN offer CDs?
Yes. Midwest Bank Detroit Lakes, MN current CD rates include its 54-Month CD at 4.50% APY, its 11-Month CD at 4.35% APY and its 7-Month CD at 4.30% APY, verified by MonitorBankRates as of November 5, 2026.
Are CDs from Midwest Bank Detroit Lakes, MN FDIC insured?
Yes. Midwest Bank Detroit Lakes, MN is insured by the Federal Deposit Insurance Corporation (FDIC), so CDs opened there are insured up to $250,000 per depositor, per ownership category.
What is the highest CD rate at Midwest Bank Detroit Lakes, MN?
The highest Midwest Bank Detroit Lakes, MN CD rate is its 54-Month CD Special at 4.50% APY, verified by MonitorBankRates as of November 5, 2026.
What CD terms does Midwest Bank Detroit Lakes, MN offer?
Midwest Bank Detroit Lakes, MN CD rates are 4.30% APY for a 7 month CD, 4.35% APY for an 11 month CD, 4.00% APY for a 12 month CD, 4.20% APY for a 2 year CD, 4.10% APY for a 3 year CD, 4.20% APY for a 4 year CD, 4.50% APY for a 54 month CD and 4.25% APY for a 5 year CD, verified by MonitorBankRates as of November 5, 2026. The institution may offer other terms or specials that are not listed here, so check with Midwest Bank Detroit Lakes, MN for its full lineup.
What is the highest savings rate at Midwest Bank Detroit Lakes, MN?
The highest Midwest Bank Detroit Lakes, MN savings rate is its Midwest IRA Savings at 3.15% APY, verified by MonitorBankRates as of November 5, 2026.
What is the highest money market rate at Midwest Bank Detroit Lakes, MN?
The highest Midwest Bank Detroit Lakes, MN money market rate is its Money Market Savings at 3.51% APY, verified by MonitorBankRates as of November 5, 2026.
What is the highest checking rate at Midwest Bank Detroit Lakes, MN?
The highest Midwest Bank Detroit Lakes, MN checking rate is its Midwest Rewards Checking at 4.07% APY, verified by MonitorBankRates as of November 5, 2026.
How many branches does Midwest Bank Detroit Lakes, MN operate?
Midwest Bank Detroit Lakes, MN currently maintains approximately 7 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.
Is there a first-time homebuyer program?
Currently, Midwest Bank Detroit Lakes, MN does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.
Are credit management and repair services offered?
While formal credit repair services are not currently listed, Midwest Bank Detroit Lakes, MN provides members with tools to manage their accounts and build a solid financial history.
Does Midwest Bank Detroit Lakes, MN offer online and mobile banking?
Most modern institutions like Midwest Bank Detroit Lakes, MN provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.midwestbank.net.
Are all CD rates listed on MonitorBankRates federally insured?
Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.
I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?
You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Confirm the current rate and terms with the institution before you deposit.
If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?
Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.
Why are some CD offers not available for me to open?
Some offers are limited to certain states or local areas, require membership or an existing account, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.
How do Midwest Bank Detroit Lakes, MN rates compare?
Midwest Bank Detroit Lakes, MN's top CD rate of 4.50% APY on a 54 month CD is 56% higher than the MonitorBankRates national average of 2.88% APY for that term, and it has an A+ health rating. Midwest Bank Detroit Lakes, MN's top rates are its 54-Months 54-Month CD Special at 4.50% APY, its Money Market Savings at 3.51% APY, its Midwest Business Money Market at 3.50% APY and its Midwest Rewards Checking at 4.07% APY, verified by MonitorBankRates on November 5, 2026.
Current Midwest Bank Detroit Lakes, MN Rates
12-Month CD4.00%
24-Month CD4.20%
36-Month CD4.10%
48-Month CD4.20%
60-Month CD4.25%
Savings3.51%
MMA3.50%
Retrieved from our database of financial products. Rates subject to change.
Brian McKay
