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SAVE TODAY FOR A BRIGHTER TOMORROW

Putting money aside for your future takes commitment and discipline. But it’s worth it. We offer a variety of savings options, to help you meet your short- and long-term goals.

Savings Accounts | Money Market Accounts | Certificates of Deposit | Other Savings Options

Open a Savings Account Today

  • STATEMENT SAVINGS

    Open Account

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  • INVESTOR RESERVE SAVINGS

    Open Account

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  • Diamond Savings

    Find a Branch

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  • Health Savings Account

    Open Account

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Open a Money Market Account Today

  • MONEY MARKET

    Open Account

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  • IRA MONEY MARKET

    Find a Branch

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  • PREMIER MONEY MARKET

    Open Account

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  • DIAMOND MONEY MARKET

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Open a Certificate of Deposit

View our complete rate chart – and open the CD you want online. Or, choose from our most popular options.

6 Month CD

Start with a low opening balance. Open this short-term CD with as little as $1,000. Interest is compounded and credited monthly.10

Open Account

12 Month CD

Build your savings and keep your peace of mind. Start saving now for next year’s project, college tuition, or retirement.10

Open Account

24 Month CD

A good option for guaranteed growth. Lock in your interest rate for protection against market volatility.10

Open Account

Our Other Savings Options

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INDIVIDUAL RETIREMENT ACCOUNTS

Build your retirement savings while realizing tax advantages.11 Visit a branch to open your Individual Retirement Account.

Learn More

A client discussing the options of an HSA

HEALTH SAVINGS ACCOUNTS

A Health Savings Account (HSA) makes sense if you have a high-deductible health plan.12 Learn how it works, or open your account now.

Open Now

A father savings money in a Build-a-Buck for his daughter's party

BUILD-A-BUCK

Build your savings with this innovative automatic savings plan.13

Get Started

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View Our Deposit Rates

All of our savings options offer competitive rates, 24/7/365 account access, mobile banking,14 and eStatements. Open your account today!

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1 Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin. $100 minimum deposit required to open account.
2 Excessive Withdrawal Fee: Six (6) withdrawals are free per Analysis Period for each savings and/or money market Account. Each withdrawal exceeding six (6) per Analysis Period will be assessed an Excessive Withdrawal Fee. This includes, but is not limited to, to teller-assisted withdrawals, checks, ATM or debit Card transactions, Account transfers via Online Banking and Mobile Banking, telephone transfers, person-to-person payments (e.g., Zelle® or Venmo), ACH or preauthorized automatic transfers, and wire transfers. A positive balance is required to maintain the Account and to prevent it from being automatically closed. For more details refer to the Retail Account Agreement and/or Product Features and Fees.
3 For balance levels (tier ranges), please refer to our Deposit Rate Sheet.
4 Account opening is available within any First Midwest Bank branch and open to residents of Illinois, Indiana, Iowa and Wisconsin. $100 minimum deposit required to open account.
5 You may make additional deposits to this Account at any time. There are legal restrictions on how much money can be deposited in this Account per year. Due to the tax implications, consult with your tax and legal advisors regarding this Account. Tax penalties may apply to withdrawals from IRA Money Market Accounts before you are age 59 1/2. Consult a tax professional for details. Checks cannot be written against this Account and no debit or ATM Card is available. Preauthorized debits also are not permitted.
6 Account opening is available within any First Midwest Bank branch and open to residents of Illinois, Indiana, Iowa and Wisconsin. $100 minimum deposit required to open account. $30 Transfer/Early Distribution Fee will be assessed if you close your IRA Money Market Account prior to full distribution or transfer of funds to another qualified program or financial institution.
7 Additional fees will apply for duplicate checks.
8 An HSA is a custodial transaction Account specifically designed for an individual’s health care expenses. You must be covered by an HSA qualified High Deductible Health Plan (“HDHP”). You must not have any other insurance coverage that is not an HDHP, and you cannot be covered by Medicare. To open this account you must be between the ages of 18 and 65. The initial account set-up fee of $20 is waived if a qualifying direct deposit is made into the Account during the first Analysis Period. Qualifying direct deposits are salary, pension, Social Security, or other regular monthly income electronically deposited to your Account by your employer or an outside agency. Transfers from one Account to another, or deposits made at a banking location or ATM, do not qualify as a direct deposit. Additional fees also include a $100 minimum opening deposit and a $2 monthly maintenance fee. Monthly maintenance fee is waived when you maintain a minimum daily balance of $500. Fees may reduce account earnings.
9 The IRS requires that you have funds on deposit before paying for qualified health care expenses. HSA account holders are not permitted to conduct a transaction that would create an Overdraft in the Account. A transaction that would result in an Overdraft will be declined or returned unless prohibited by Applicable Law. You and/or your employer, in addition to other authorized third parties and entities, may make additional deposits to this Account at any time. Withdrawals of funds for non-qualified health care expenses may be subject to income tax and may also be subject to a 20% tax penalty if conducted prior to the age 65. Please consult your tax advisor.
10 Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin. $1,000 minimum deposit to open a CD account; both renewable and non-renewable terms. If the CD is established as an IRA, the minimum balance to open is $500. Penalty may be imposed for early withdrawal. Fees may reduce account earnings.
11 Consult a tax professional.
12 An HSA is a custodial transaction Account specifically designed for an individual’s health care expenses. You must be covered by an HSA qualified High Deductible Health Plan (“HDHP”), you must not have any other insurance coverage that is not an HDHP, and you cannot be covered by Medicare.
13 Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin. $100 minimum deposit required to open account. Penalty may be imposed for early withdrawal. Fees could reduce earnings.
14 Mobile Banking requires enrollment in Online Banking and that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply.