☰

Home›
Banks›
Midwest National Bank

iAdvertiser Disclosure

Midwest National Bank Rates & Review April 2026

Q: How many branches does Midwest National Bank operate?

Midwest National Bank currently maintains approximately 2 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Midwest National Bank 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.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Midwest National Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: April 18, 2026

You can compare Midwest National Bank rates to other rates in our database, including 12-month CD rates currently at 0.20%, 6-month CD rates at 0.00% and 3-month CD rates at 0.40%. Savings rates are at 0.15% and money market rates are at 2.00%. Mortgage rates on 30-year fixed loans are around 5.91%. All these rates can be compared to Midwest National Bank rates. MonitorBankRates evaluates the financial stability of Midwest National Bank with a 5.0 Star Rating, an A- Overall Health Grade, and a Texas Ratio of 18.67%. Rates were last updated on 04/18/2026.

Midwest National Bank 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 National Bank? Share your experience about Midwest National Bank by leaving a review below, or read customer reviews before you decide to use Midwest National Bank.

Overall Health & Safety Grade

A-

Very Good Health Score: 91/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

18.67%

Good Higher than avg

Midwest National Bank

302 N Main St
Sandoval, IL 62882

https://www.midwestnationalbank.com/

Current Rate Availability

We do not have Midwest National Bank rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Midwest National Bank 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 National Bank 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 National Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Midwest National Bank

Bank Holding Company FIRST SANDOVAL BCORP INC

Address 302 N Main St, Sandoval, IL 62882 · Marion

Website https://www.midwestnationalbank.com/

FDIC Certificate # 3834

Established 06/01/1910

FDIC Insurance Date 01/01/1934

Domestic Offices 2

Total Branches 2

Regulator OCC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A-

Overall Health Grade Score: 91/100

5.0

Exceptional Out of 5.0 Stars

18.67%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.0320%

Return on Equity (ROE) 13.2000%

Non-Performing Loans (NPL) 1.04%

Total Assets $121,037,000

Total Deposits $108,384,000

Equity Capital $8,404,000

Net Income $309,000

Headquarters Sandoval

Total Offices 2

Source: FDIC | Last Updated 12/31/2025

Customer Reviews

There are no reviews for Midwest National Bank yet. Feel free to create one below.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Midwest National Bank

Frequently Asked Questions About Midwest National Bank

Is Midwest National Bank a safe place to deposit money?

Yes, Midwest National Bank is considered a safe financial institution. With a Texas Ratio of 18.674966651845%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does Midwest National Bank operate?

Midwest National Bank currently maintains approximately 2 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 National Bank 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 National Bank provides members with tools to manage their accounts and build a solid financial history.

Does Midwest National Bank offer online and mobile banking?

Most modern institutions like Midwest National Bank 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.midwestnationalbank.com/.