Deal Summary

60-month CD, 0.15% APY, minimum deposit $1000, dividends paid upon maturity.

Midwest Bank’s Top CD Rates

Midwest bank’s top CD rate is 0.15% APY. This rate is offered on the credit union’s 60-month CD with a minimum deposit of $1000. The dividends earned on this CD are paid upon maturity.

The 12-month CD is a great alternative. The account offers an 0.10% APY with a $1000 minimum deposit. This account also pays you your dividends upon maturity. You can always choose to leave your CD account for longer periods of time, which would result in a higher interest rate and thus more money. 

For short-term investors the credit union offers a 3 to 6-month CD. This CD offers an annual percentage yield of 0.05%. This CD is also obtainable with a $1000 minimum deposit. Again, this CD is paid upon maturity.

Midwest Bank offers seven CDs. Each of these CDs can be opened with a $1000 minimum deposit. You are always welcome to invest more, but you don’t have to. These CD terms vary from 3 to 60-months. The APY starts at 0.05% and builds to 0.15%. Each of Midwest Bank’s CD accounts is subject to early withdrawal penalties.


You do not have to be a member of Midwest Bank in order to open a CD with them. Being a member does make things easier, however.

Branches in Missouri

St. Louis, Oakville, Clayton, Arnold, Fenton, Pagedale, Imperial, Chesterfield, Hazelwood, St, Charles, Crystal City, O’Fallon, De Soto, Lemay, Affton, Sappington, Mehlville, and Crestwood.

Bank Overview

Midwest Bank has been around since 1906, and is keen on doing everything they can to help their community. Whether it be your mortgage, line of credit or even your busines loan, Midwest Bank will make sure you are getting the best service possible.

Midwest Bank has been crowned the Community Commitment Award winners by the American Bankers Association and only goes to show just how committed they are to helping their community.

Midwest Bank touts values that are rare to find in most banks nowadays. For example, they believe in forming tight relationships with their clients and their community, they believe in the power of teamwork, they value diversity and inclusion and more.

Aside from doing what they can to help their community, Midwest Bank also encourages their employees to volunteer at their favorite non-profit organizations. They also teach their community about financial literacy and the importance of being financially stable and encourage those who can to donate to some of their favorite charities.

The financial education center formed by Midwest Bank teaches clients about things like buying a home, paying off loans, paying for college, planning for retirement and more. They will also help clients get back on track to gaining financial strength and being able to gain financial freedom on their own.

Midwest Bank can also help clients create a budget that works for them and help them stick to it. What more could you want out of a bank?