Current Rates

 

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

Vehicle Loans

(Cars, Trucks, & Street Motorcycles)

Rates effective 1/1/17
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 2014-2017 Up to 66 months 2.79% Calculate
Used 2014-2017 67 to 72 months 3.29% Calculate 
Used 2012-2013 Up to 60 months 2.99% Calculate
Used 2012-2013 61 to 66 months 3.49% Calculate
Used 2011 Up to 54 months 3.79% Calculate
Used 2011 55 to 60 months 4.29% Calculate
Used 2010 Up to 54 months 3.79% Calculate
Used 2010 55 to 60 months 4.29% Calculate
Used 2009 Up to 54 months 3.79% Calculate
Used 2009 55 to 60 months 4.29% Calculate
Used 2008 & Older Up to 48 months 4.99% Calculate


Rates and applicant's qualifications may vary.

 

Recreational Vehicles

(RVs & Boats)

Rates effective 1/1/17
APR = Annual Percentage Rate

* = As low as


Loan Type Term APR* Min. Amount Sample Payment
New Vehicle 36 to 60 months 2.99% n/a Calculate
New Vehicle 61 to 72 months 2.99% n/a Calculate
Used 2015-2017 36 to 72 months 3.49% n/a Calculate
Used 2015-2017 84 to 120 months 3.99% $25,000 Calculate
Used 2013-2014 36 to 72 months 3.99% n/a Calculate
Used 2013-2014 84 to 120 months 4.99% $25,000 Calculate
Used 2008-2012 36 to 72 months 4.99% n/a Calculate
Used 2008-2012 84 to 120 months 5.99% $25,000 Calculate
Used 2007 & Older 36 to 60 months 5.99% n/a Calculate
Used 2007 & Older 72 to 84 months 6.99% $25,000 Calculate

 

Rates and applicant's qualifications may vary.

Powersports

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

Rates effective 1/1/17
APR = Annual Percentage Rate

* = As low as


Loan Type Term APR* Sample Payment
New Vehicle up to 60 months 3.99% Calculate
Used 2015-2017 up to 60 months 3.99% Calculate
Used 2013-2014 up to 48 months 4.49% Calculate
Used 2011-2012 up to 36 months 5.99% Calculate
Used 2010 & Older up to 36 months 6.99% Calculate

Second Mortgages (Fixed Rate)

Rates effective 1/1/17

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

 

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 1/1/17
APR = Annual Percentage Rate

* = As low as

 

Loan Type Term APR* Sample Payment
100 % Share Secured Up to 5 Years 3.10% Calculate
75 % Share Secured
$20,000 maximum
Up to 5 Years 5.10% Calculate
50 % Share Secured
$10,000 maximum
Up to 4 Years 6.10% Calculate

 

Personal Loans

Rates effective 1/1/17
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 12/31/16
Monthly rates effective as of 12/31/16

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
1.50%
$0 to $10,000.00
Monthly
1.51%
Reward
Checking
$0.00
Daily
0.23%
$10,000.01 +
Monthly
0.23%
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
0.13%
$2,500.00
Monthly
0.13%
Advantage
Checking
$0.00
Daily
0.19%
$5,000.00
Monthly
0.19%
Liquid Gold
$2,500.00
Daily
0.10%
$2,500.00
Monthly
0.10%
Liquid Gold
$2,500.00
Daily
0.14%
$10,000.00
Monthly
0.14%
Liquid Gold
$2,500.00
Daily
0.19%
$25,000.00
Monthly
0.19%
Liquid Gold
$2,500.00
Daily
0.23%
$50,000.00
Monthly
0.23%
Health Savings Account
$0.00
Daily
0.05%
$500.00.00
Monthly
0.05%
Health
Savings
Account
$0.00
Daily
0.10%
$2,500.00
Monthly
0.10%
Health
Savings
Account
$0.00
Daily
0.19%
$10,000
Monthly
0.19%

 

  • 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 12/31/16

Type Term Dividend Rate Min. Balance to Earn Dividend Dividend Distribution APY*
Traditional
Rate Share
IRA
Daily 0.19% $1.00 Monthly 0.19%
Contribution
Roth IRA
Daily 0.19% $1.00 Monthly 0.19%
Conversion
Roth IRA
Daily 0.19% $1.00 Monthly 0.19%
Education
Roth IRA
Daily 0.19% $1.00 Monthly 0.19%


Certificate Rates

Rates effective 1/18/17

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 0.20% $500.00 Monthly /
Quarterly
0.20%
Share/IRA Certificate 182 days

0.25% M

0.25% Q

$10,000.00 Monthly / Quarterly 0.25%
Share/IRA Certificate 12 month 0.30% $500.00 Quarterly 0.30%
Share/IRA Certificate 12 month

0.35% M

0.35% Q

$10,000.00 Monthly / Quarterly 0.35%
Share/IRA Certificate 18 month 0.40% $500.00 Quarterly 0.40%
Share/IRA Certificate 18 month

0.45% M

0.45% Q

$10,000.00 Monthly / Quarterly 0.45%
Share/IRA Certificate 24 month 0.60% $500.00 Quarterly 0.60%
Share/IRA Certificate 24 month

0.65% M

0.65% Q

$10,000.00 Monthly / Quarterly 0.65%
Share/IRA Certificate 30 month 0.70% $500.00 Quarterly 0.70%
Share/IRA Certificate 30 month

0.75% M

0.75% Q

$10,000.00 Monthly / Quarterly 0.75%
Share/IRA Certificate 36 month 0.85% $500.00 Quarterly 0.85%
Share/IRA Certificate 36 month

0.90% M

0.90% Q

$10,000.00 Monthly / Quarterly 0.90%
Share/IRA Certificate 48 month 1.00% $500.00 Quarterly 1.00%
Share/IRA Certificate 48 month

1.04% M

1.05% Q

$10,000.00 Monthly / Quarterly 1.05%
Share/IRA Certificate 60 month 1.10% $500.00 Quarterly 1.10%
Share/IRA Certificate 60 month

1.14% M

1.15% Q

$10,000.00 Monthly / Quarterly 1.15%
Share/IRA Certificate 60 month

1.14% M

1.15% Q

$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.
  • M = Monthly; Q = Quarterly

 

 

Business Savings Rates

Quarterly rates effective as of 12/31/16
Monthly rates effective as of 12/31/16

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
0.13%
$25,000.00
Monthly
0.13%
Business Gold
Money Market
$0.00
Daily
0.19%
$50,000
Monthly
0.19%
Business Gold
Money Market
$0.00
Daily
0.23%
$100,000
Monthly
0.23%
Business Gold
Money Market
$0.00
Daily
0.23%
$250,000
Monthly
0.23%
Advanced Business
Checking
$0.00
Daily
0.10%
$0.00 to $25,000
Monthly
0.10%
Advanced Business
Checking
$0.00
Daily
0.13%
$25,000.01 to $50,000
Monthly
0.13%
Advanced Business
Checking
$0.00
Daily
0.19%
$50,000.01 to $75,000
Monthly
0.19%
Advanced Business
Checking
$0.00
Daily
0.23%
$75,000.01 +
Monthly
0.23%
Association
Checking
$0.00
Daily
0.23%
$0.00
Monthly
0.23%
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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