Current Rates

 

  • Vehicle  Loans
  • Rec. Vehicles
  • Powersports
  • 2nd Mortgages
  • Other Loans
  • Savings
  • IRA/Certificate
  • Business

Vehicle Loans

(Cars, Trucks, & Street Motorcycles)

Rates effective 5/20/13
APR = Annual Percentage Rate

* = As low as

 

Loan Type Term APR* Sample Payment
New Vehicle Up to 66 months 2.79% Calculate 
New Vehicle 67 to 72 months 3.29% Calculate
Used 2012-2013 Up to 66 months 2.79% Calculate
Used 2012-2013 67 to 72 months 3.29% Calculate 
Used 2010-2011 Up to 66 months 2.79% Calculate
Used 2010-2011 67 to 72 months 3.29% Calculate
Used 2009 Up to 66 months 3.29% Calculate
Used 2009 67 to 72 months 3.79% Calculate
Used 2008 Up to 60 months 3.29% Calculate
Used 2008 61 to 66 months 3.79% Calculate
Used 2007 Up to 54 months 3.69% Calculate
Used 2007 55 to 60 months 4.19% Calculate
Used 2005-2006 Up to 54 months 3.69% Calculate
Used 2005-2006 55 to 60 months 4.19% Calculate
Used 2004 & Older Up to 36 months 3.99% Calculate
Used 2004 & Older 37 to 48 months 3.99% Calculate


Rates and applicant's qualifications may vary.

 

Recreational Vehicles

(RVs & Boats)

Rates effective 5/1/13
APR = Annual Percentage Rate

* = As low as


Loan Type Term APR* Min. Amount Sample Payment
New Vehicle Up to 36 months 3.99% n/a Calculate
New Vehicle 37 to 48 months 3.99% n/a Calculate
New Vehicle 49 to 60 months 3.99% n/a Calculate
New Vehicle 61 to 72 months 4.99% n/a Calculate
New Vehicle 73 to 84 months 5.99% n/a Calculate
New Vehicle 85 to 96 months 5.99% $20,000 Calculate
New Vehicle 97 to 120 months 6.99% $25,000 Calculate
Used 2011-2013 Up to 60 months 3.99% n/a Calculate
Used 2011-2013 61 to 72 months 4.99% n/a Calculate
Used 2011-2013 73 to 84 months 5.99% n/a Calculate
Used 2011-2013 85 to 96 months 5.99% $20,000 Calculate
Used 2009-2010 up to 60 months 4.99% n/a Calculate
Used 2009-2010 61 to 72 months 5.99% $20,000 Calculate
Used 2006-2008 up to 60 months 4.99% n/a Calculate
Used 2006-2008 61 to 66 months 5.49% n/a Calculate
Used 2005 & Older up to 36 months 5.99% n/a Calculate
Used 2005 & Older 37 to 48 months 5.99% n/a Calculate

 

Rates and applicant's qualifications may vary.

Powersports

(Non-Street Motorcycles, ATVs, UTVs, PWCs, Snowmobiles, & Scooters)

Rates effective 5/1/13
APR = Annual Percentage Rate

* = As low as


Loan Type Term APR* Sample Payment
New Vehicle Up to 36 months 3.99% Calculate
New Vehicle 37 to 48 months 3.99% Calculate
New Vehicle 49 to 60 months 3.99% Calculate
Used 2011-2013 up to 60 months 3.99% Calculate
Used 2010 Up to 48 months 4.49% Calculate
Used 2009 up to 48 months 4.49% Calculate
Used 2008 up to 36 months 5.99% Calculate
Used 2007 up to 36 months 5.99% Calculate
Used 2006 & Older up to 36 months 6.99% Calculate

Second Mortgages (Fixed Rate)

Rates effective 5/1/13

APR = Annual Percentage Rate

* = As low as

 

Loan Type Term APR* Sample Payment
Second Mortgage
Owner Occupied		 up thru 120 months 5.99% Calculate
Second Mortgage
Owner Occupied		 121 to 180 months 6.49% Calculate
Second Mortgage
Owner Occupied		 181 to 240 months 6.99% Calculate

 

Maximum amount financed is $100,000 or up to 70% of Appraisal Value minus First Mortgage. Property location must be within a fifty (50) mile radius of any MidWest America Branch.

 

Share Secured Loans

Rates effective 5/1/13
APR = Annual Percentage Rate

* = As low as

 

Loan Type Term APR* Sample Payment
100 % Share Secured Up to 5 Years 3.15% Calculate
75 % Share Secured
$20,000 maximum		 Up to 5 Years 5.15% Calculate
50 % Share Secured
$10,000 maximum		 Up to 4 Years 6.15% Calculate

 

Personal Loans

Rates effective 5/1/13
APR = Annual Percentage Rate

* = As low as

Loan Type Term APR* Sample Payment
Personal Up to 60 months 9.90% Calculate

 

Maximum amount $10,000. Rates and applicant's qualifications may vary.

 

Savings Rates

Quarterly rates effective as of 3/31/13
Monthly rates effective as of 5/1/13

APY = Annual Percentage Yield

 

Type Min. 
Opening Balance		 Term Dividend Rate Min. Balance
to Earn Dividends		 Dividend Distribution APY
Regular
Shares
$5.00
Daily
0.10%
$200.00
Quarterly
0.10%
You Name
It Savings
$1.00
Daily
0.05%
$0.00
Quarterly
0.05%
Kids Club
Account
$10.00
Daily
0.05%
$0.00
Quarterly
0.05%
Freedom
Checking
$0.00
Daily
0.00%
n/a
No distribution
0.00%
Reward
Checking
$0.00
Daily
1.65%
$0 to $15,000.00
Monthly
1.66%
Reward
Checking
$0.00
Daily
0.34%
$15,000.01 +
Monthly
0.34%
Reward
Checking
(when req
not met )
$0.00
Daily
0.03%
$0
Monthly
0.03%
Advantage
Checking
$0.00
Daily
0.10%
$1,000.00
Monthly
0.10%
Advantage
Checking
$0.00
Daily
0.18%
$2,500.00
Monthly
0.18%
Advantage
Checking
$0.00
Daily
0.26%
$5,000.00
Monthly
0.26%
Liquid Gold
$2,500.00
Daily
0.10%
$2,500.00
Monthly
0.10%
Liquid Gold
$2,500.00
Daily
0.18%
$10,000
Monthly
0.18%
Liquid Gold
$2,500.00
Daily
0.28%
$25,000
Monthly
0.28%
Liquid Gold
$2,500.00
Daily
0.34%
$50,000
Monthly
0.34%
Health Savings Account
$0.00
Daily
0.05%
$500.00
Monthly
0.05%
Health
Savings
Account
$0.00
Daily
0.10%
$2,500.00
Monthly
0.10%
Health
Savings
Account
$0.00
Daily
0.26%
$10,000
Monthly
0.26%

 

  • APY = Annual Percentage Yield
  • The above rates are variable and fees may reduce earnings.
  • The dividend rate and annual percentage yield may change every quarter. MidWest America FCU may change the dividend rate for your account as determined by the Credit Union Board of Directors
  • For this account type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last date of the dividend period, and for the example above is March 31.
  • For more information, see your Truth-in-Savings disclosure.

 

IRA Rates

Rates effective 5/1/13
*APY = Annual Percentage Yield
Type Term Dividend Rate Min. Balance to Earn Dividend Dividend Distribution APY*
Traditional
Rate Share
IRA		 Daily 0.26% $1.00 Monthly 0.26%
Contribution
Roth IRA		 Daily 0.26% $1.00 Monthly 0.26%
Conversion
Roth IRA		 Daily 0.26% $1.00 Monthly 0.26%
Education
Roth IRA		 Daily 0.26% $1.00 Monthly 0.26%


Certificate Rates

Rates effective 5/22/13
*APY = Annual Percentage Yield

Type Term Dividend Rate Min. Balance Dividend Distribution APY*
Share/IRA Certificate 1 week 0.03% $10,000.00 Maturity 0.03%
Share/IRA Certificate 4 week 0.03% $10,000.00 Maturity 0.03%
Share/IRA Certificate 91 days 0.10% $500.00 Maturity 0.10%
Share/IRA Certificate 182 days 0.10% $500.00 Monthly 0.10%
Share/IRA Certificate 182 days 0.15% $10,000.00 Monthly / Quarterly 0.15%
Share/IRA Certificate 12 month 0.20% $500.00 Quarterly 0.20%
Share/IRA Certificate 12 month 0.25% $10,000.00 Monthly / Quarterly 0.25%
Share/IRA Certificate 18 month 0.30% $500.00 Quarterly 0.30%
Share/IRA Certificate 18 month 0.35% $10,000.00 Monthly / Quarterly 0.35%
Share/IRA Certificate 24 month 0.50% $500.00 Quarterly 0.50%
Share/IRA Certificate 24 month 0.55% $10,000.00 Monthly / Quarterly 0.55%
Share/IRA Certificate 30 month 0.60% $500.00 Quarterly 0.60%
Share/IRA Certificate 30 month 0.65% $10,000.00 Monthly / Quarterly 0.65%
Share/IRA Certificate 36 month 0.75% $500.00 Quarterly 0.75%
Share/IRA Certificate 36 month 0.80% $10,000.00 Monthly / Quarterly 0.80%
Share/IRA Certificate 48 month 1.00% $500.00 Quarterly 1.00%
Share/IRA Certificate 48 month 1.05% $10,000.00 Monthly / Quarterly 1.05%
Share/IRA Certificate 60 month 1.10% $500.00 Quarterly 1.10%
Share/IRA Certificate 60 month 1.15% $10,000.00 Monthly / Quarterly 1.15%
Share/IRA Certificate 60 month 1.15% $25,000.00 Monthly / Quarterly 1.15%

 

 

  • APY = Annual Percentage Yield
  • The above rates are variable and fees may reduce earnings.
  • The dividend rate and annual percentage yield may change every quarter. MidWest America FCU may change the dividend rate for your account as determined by the Credit Union Board of Directors.
  • There may be penalty for early withdrawal.
  • For this account type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last date of the dividend period, and for the example above is March 31.
  • For more information, see your Truth-in-Savings disclosure.

 

 

Business Savings Rates

Quarterly rates effective as of 3/31/13
Monthly rates effective as of 5/1/13

APY = Annual Percentage Yield

Type Min. 
Opening Balance		 Term Dividend Rate Min. Balance
to Earn Dividends		 Dividend Distribution APY

Business Share Savings

$100.00
Daily
0.10%
$200.00
Quarterly
0.10%

Business Gold
Money Market

$0.00
Daily
0.10%
$0.00
Monthly
0.10%
Business Gold
Money Market
$0.00
Daily
0.18%
$25,000.00
Monthly
0.18%
Business Gold
Money Market
$0.00
Daily
0.28%
$50,000
Monthly
0.28%
Business Gold
Money Market
$0.00
Daily
0.34%
$100,000
Monthly
0.34%
Business Gold
Money Market
$0.00
Daily
0.38%
$250,000
Monthly
0.38%
Advanced Business
Checking
$0.00
Daily
0.10%
$0.00 to $25,000
Monthly
0.10%
Advanced Business
Checking
$0.00
Daily
0.18%
$25,000.01 to $50,000
Monthly
0.18%
Advanced Business
Checking
$0.00
Daily
0.28%
$50,000.01 to $75,000
Monthly
0.28%
Advanced Business
Checking
$0.00
Daily
0.34%
$75,000.01 +
Monthly
0.34%
Association
Checking
$0.00
Daily
0.34%
$0.00
Monthly
0.34%
Free Small Business Checking
$0.00
Daily
0.00%
n/a
No Distribution
0.00%

Rates and applicant's qualifications may vary.

Loan Payment Calculator

 

Calculate your monthly payment by entering the amount you’d like to borrow, the interest rate, and term of the loan in years. (Example: when figuring a 60 month term, the loan term keyed in is 5; a 66 month loan would be keyed in as 5.5). For a more detailed calculation of your loan payment including fees, downpayments, sales tax, etc. visit our Financial Calculators.

 
Loan Amount:
APR (Annual Percentage Rate):
Loan Term (in years):
Monthly Payment:

 

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