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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.
Open an Account Today

Statement Savings

Our Statement Savings account gives you everything you need to begin working towards your savings goals.1, 2

  • Monthly Maintenance Fee is $5, or $0 per statement cycle when a daily account balance of $200 is maintained For clients under age 18 and age 65 and over, the monthly maintenance fee is waived — regardless of balance
  • The monthly maintenance fee can also be waived for the first six months after account opening with an automatic minimum monthly transfer of $25 from a Midwest Checking account

Open a Statement Savings Account

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 There is a regulatory limit of six withdrawals per month or statement cycle on a savings account if they are made: (A) online to a different account; (B) by phone or wire transfer; (C) by check or debit card; or (D) by ACH/preauthorized automatic transfer. The fee for exceeding the withdrawal limit of six is $3 per transaction.