Arrow DownIcon of an arrow pointing downwardsArrow LeftIcon of an arrow pointing to the leftArrow RightIcon of an arrow pointing to the rightArrow UpIcon of an arrow pointing upwardsBank IconIcon of a bank buildingCheck IconIcon of a bank checkCheckmark IconIcon of a checkmarkCredit-Card IconIcon of a credit-cardFunds IconIcon of hands holding a bag of moneyAlert IconIcon of an exclaimation markIdea IconIcon of a bright light bulbKey IconIcon of a keyLock IconIcon of a padlockMail IconIcon of an envelopeMobile Banking IconIcon of a mobile phone with a dollar sign in a speech bubbleMoney in Home IconIcon of a dollar sign inside of a housePhone IconIcon of a phone handsetPlanning IconIcon of a compassReload IconIcon of two arrows pointing head to tail in a circleSearch IconIcon of a magnifying glassFacebook IconIcon of the Facebook logoLinkedIn IconIcon of the LinkedIn LogoXX Symbol, typically used to close a menu
Skip to nav Skip to content

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

    Learn More

    • INVESTOR RESERVE SAVINGS

      Open Account

      Learn More

      • Diamond Savings

        Find a Branch

        Learn More

        Open a Money Market Account Today

        • MONEY MARKET

          Open Account

          Learn More

          • IRA MONEY MARKET

            Find a Branch

            Learn More

            • PREMIER MONEY MARKET

              Open Account

              Learn More

              • DIAMOND MONEY MARKET

                Find a Branch

                Learn More

                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.8

                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.8

                Open Account

                24 Month CD

                A good option for guaranteed growth. Lock in your interest rate for protection against market volatility.8

                Open Account

                Our Other Savings Options

                A professional man searching on his laptop for IRAs

                INDIVIDUAL RETIREMENT ACCOUNTS

                Build your retirement savings while realizing tax advantages.9 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.10 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.11

                Get Started

                Two work colleagues look at a tablet device and view Savings Account rate options

                View Our Deposit Rates

                All of our savings options offer competitive rates, 24/7/365 account access, mobile banking,12 and eStatements. Open your account today!

                View Rates

                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 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.
                9 Consult a tax professional.
                10 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.
                11 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.
                12 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.