Checking Accounts & Debit Cards

Get a checking account that suits your needs—whether you’re just paying bills, seeking a simple way to manage your household finances, or want all of the bells and whistles. Or perhaps you need a checking account for your Business.

All MidWest Financial checking accounts include:

• Free ATM Debit Card
• Access via Internet Banking, including free e-Alerts
• Free, convenient e-Bill Payment services
• Free, environmentally-friendly e-Statements and e-Notices
• Deposit insurance from the NCUA up to at least $250,000

Essential Checking

A simple way to manage your money while getting a fresh start.

• No minimum balance requirement
• No transaction fees
• Help with your credit rebuilding plan
• More than 800 local surcharge-free ATMs
• FREE ATM Debit Card
• FREE Teletone, Internet Banking with e-Alerts and e-Bill Payment services
• FREE, environmentally-friendly e-Statements

Classic Checking

An easy, practical checking account—one that proves "no frills" can be a luxury!

• No minimum balance requirement
• No monthly or periodic maintenance fees — period
• More than 800 local surcharge-free ATMs
• FREE ATM Debit Card
• FREE Teletone, Internet Banking with e-Alerts and e-Bill Payment services
• FREE, environmentally-friendly e-Statements

Platinum Checking

A smart way to manage your household finances while earning interest.

• Earn an attractive interest rate on your balance
• No monthly maintenance fee
• FREE ATM Debit Card
• FREE Teletone, Internet Banking with e-Alerts and e-Bill Payment services
• FREE, environmentally-friendly e-Statements

Business Basic Checking

A practical solution for your business checking needs.

• Affordable and easy-to-maintain minimum balance requirements
• Free ATM Debit Card
• FREE, environmentally-friendly e-Statements
• FREE Teletone, Internet Banking with e-Alerts and e-Bill Payment services
• FREE and convenient night deposit services

Business Plus Checking

An interest-bearing business checking account.

• Affordable and easy-to-maintain minimum balance requirements
• Reap the benefits of balance-tiered interest rates
• Free ATM Debit Card
• FREE, environmentally-friendly e-Statements
• FREE Teletone, Internet Banking with e-Alerts and e-Bill Payment services
• FREE and convenient night deposit services

Organizational Checking

An ideal solution for your club, group, or small community organization.

• Affordable and easy-to-maintain minimum balance requirements
• Free ATM Debit Card
• FREE, environmentally-friendly e-Statements
• FREE Teletone, Internet Banking with e-Alerts and e-Bill Payment services
• FREE and convenient night deposit services

Regular Savings Account

Interest-bearing savings account; your share of the Credit Union.

• Earn interest on your account with a low minimum balance
• FREE, environmentally-friendly e-Statements
• FREE Teletone, Internet Banking with e-Alerts

Youth Savings Account

It’s never too early to begin learning good financial habits.

Accounts are Available by Age Level

• Buck-aroos - age 9 and under
• Youth Plus - ages 10-14
• Backpack - ages 15-17

Holiday Savings Account

Conveniently save a little each pay period for your holiday spending needs.

• Earn interest when you maintain a low minimum balance
• Get started with a low minimum deposit of $5!
• Add to your balance through Direct Deposit or regular automatic transfers
• Funds are disbursed to Checking or Savings each year in time for the holiday shopping season

Business Savings Account

An interest-bearing savings account designed to meet the needs of small- to medium-sized businesses.

• Earn interest with a low minimum balance
• FREE Teletone, Internet Banking with e-Alerts
• FREE, environmentally-friendly e-Statements

Money Market Accounts

For the serious saver or as a safe place to park significant funds without a long-term commitment.

• Earn more as you save more with a balance-tiered interest rate structure
• Your investment is insured by NCUA, unlike stocks and some other investments
• Access funds in person, online, or over the phone;*

*Some withdrawal limitations may apply.

Certificate Accounts

Guarantee your rate of return and build wealth with this safe, smart, and easy solution. All Certificate products feature flexible terms, allowing you to control the length of your commitment.

• Your investment is insured by NCUA
• Earn competitive interest rates on your investment!
• Get the children in your life investing sooner with a lower minimum opening deposit

Health Savings Accounts (HSAs)

Participating in a high deductible health plan? An HSA may be just what the doctor ordered!*

• Conveniently access your HSA funds when and where you need them with a Debit card
• Use your HSA funds without worrying about maintenance fees
• Earn a competitive interest rate; earnings are tax free when used for qualified medical expenses **
• Continue growing your funds until retirement; roll unused funds over from year to year

*Eligibility requirements and restrictions apply.
** Consult a tax advisor for deductibility.

• Your earnings are tax deferred until withdrawal
• Depending on your income level your contributions could be tax deductible!
• Starting to save for your retirement is easy with a low minimum opening balance

Looking for a tax-advantaged way to save for future education expenses? Learn about Coverdell Education Savings Accounts (ESAs).

MoneyLine Lines of Credit

A convenient line of credit to handle those unforeseen emergencies and more.

• Pay only when you use the credit line, with no annual fee
• Affordable, low interest rate when you do use the credit line
• Can be used as Overdraft Protection loan for checking accounts
• Enjoy peace of mind with Payment Protection for life’s unforeseen events like illness, injury, involuntary unemployment and death
• Flexible repayment terms

Signature Loan

Funding for whatever you may need — a computer, a wedding, a trip of a lifetime and more!

• Borrow a set amount with monthly payments over a specific length of time
• Competitive rates
• Enjoy peace of mind with Payment Protection for life’s unforeseen events like illness, injury, involuntary unemployment and death

Auto Loans

Get in the driver’s seat — whether it’s new or just new to you — with a loan that makes sense for your budget.

• Affordable rates and terms
• Enjoy peace of mind with Payment Protection for life’s unforeseen events like illness, injury, involuntary unemployment and death
• Avoid the “gap” with GAP Plus coverage. It pays remaining balance, up to the protected amount, on your loan beyond what insurance will pay in the event of an accident, plus $1,000 toward your next vehicle.*

*when you finance your next vehicle with MidWest Financial

Recreational Vehicles

Financing for your boat, RV, camper, trailer, motorcycle (engines over 500cc), snowmobile, personal watercraft, ATV or dirt bike.

• Affordable rates and terms to fit your budget
• Enjoy peace of mind with Payment Protection for life’s unforeseen events like illness, injury, involuntary unemployment and death
• Flexible repayment terms: Monthly or bi-weekly payments; Conveniently use payroll deduction/autopay

Commercial Loans

Put the cooperative advantage and spirit of credit unions to work for your business borrowing needs. MidWest Financial Credit Union, along with other Michigan credit unions, formed Michigan Business Connection (MBC) to underwrite and service commercial loans.

• Commercial Real Estate Mortgages
• Receivables Financing
• Do you have a small business and need a loan? We have SBA Loans available!
• Need to purchase or lease equipment for your business? We have several Equipment Acquisitions financing options

Mortgages

Looking to purchase a home or refinance your existing mortgage? Discover the advantages of a MidWest Financial Credit Union mortgage!

• Competitive interest rates and Low Fees
• Convenient payment options: online with Internet Banking, by phone with Teletone, or have your mortgage payment automatically deducted from your account
• Direct lending
• In-house servicing

Contact one of our qualified Mortgage Loan Consultant who will help you get the mortgage that is right for YOU!

Home Equity

Home Equity Line of Credit (HELOC) — Have a credit line available when you need it for remodeling, repairs, educational expenses or anything else.

• Enjoy the convenience of an open-end loan, borrowing only when you need it and paying only for the amount you use
• Affordable rates with no closing costs and fast, simple processing

Home Equity Loan, Closed End — Borrow from the equity in your home for a specific time period at a set rate.

• Budgeting is simplified with the same payment every month

Visa Platinum Rewards Card

The prestige of Visa Platinum status with the value-added benefits of hometown service and purchase rewards.

• Enjoy a Rewards program with NO fees
• Earn points for each purchase
• Easy online point redemption with your choice of travel or merchandise; check out your options at curewards.com
• Competitive rates
• No annual or cash advance fee
• Enjoy peace of mind with Payment Protection for life’s unforeseen events.
• Pay your bill online, directly from your other MidWest Financial Credit Union accounts, without service fees

College Visa Platinum

College students* can learn money- and credit managing with the prestige of Visa Platinum status.

Special introductory offer includes 0% interest for the first 60 days and DOUBLE Rewards points for first six months on all purchase transactions.

• Select from 4 different card designs
• No co-signer needed for approval
• No annual or cash advance fee
• Enjoy a Rewards program with NO fees while earning points for each purchase
• Easy online point redemption with your choice of travel or merchandise; check out your options at curewards.com
• Affordable, fixed interest rates when you carry a balance
• Enjoy peace of mind with Payment Protection for life’s unforeseen events.

*Proof of enrollment required.