First Midwest BankFirst Midwest Bank logoArrow 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
Two college-aged students are smiling and working on a laptop while discussing a Statement Savings account

Statement Savings is the simple way to add a little momentum to your budget.

Find a Branch

Statement Savings

Our Statement Savings account gives you everything you need to begin working towards your savings goals.1

  • Monthly Maintenance Fee is $5, or $0 when you maintain a minimum daily Ledger Balance of $200, OR upon request, if the Account owner is less than 18 years old
  • The monthly maintenance fee can also be waived upon request, for the first six (6) analysis periods if you set up an automatic transfer of $25 or more from your Midwest Checking Account
  • There is a limit of six withdrawals per analysis period on a savings account2

Find a Branch

A young well-educated man with a laptop and planner is reviewing deposit rates for his Statement Savings account

View Our Competitive Deposit Rates

Statement Savings is an interest-bearing option that can add momentum to your budget. The account includes online and mobile access, competitive interest rates, and a low $100 minimum opening deposit.1

View Rates

1 Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin. $100 minimum deposit required to open account.
2 Six (6) withdrawals are free per Analysis Period for Statement Savings Accounts. Each withdrawal exceeding six (6) per Analysis Period will be assessed an Excessive Withdrawal Fee. The Excessive Withdrawal Fee is $5.00. This includes, but is not limited 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.