RATES

 Vehicle Loans  (Cars, Trucks, & Street Motorcycles)

Rates effective 11/1/20
APR = Annual Percentage Rate
* = As low as

Loan Type Term APR*
New Vehicle Up to 66 months 3.19%
New Vehicle 67 to 72 months 3.69%
Used 2017-2021 Up to 66 months 3.19%
Used 2017-2021 67 to 72 months 3.69%
Used 2015-2016 Up to 60 months 3.49%
Used 2015-2016 61 to 66 months 3.99%
Used 2012-2014 Up to 54 months 4.09%
Used 2012-2014 55 to 60 months 4.59%
Used 2011 & Older Up to 48 months 5.09%
Apply Online

Recreational Vehicles (RVs & Boats)

Rates effective 11/1/20
APR = Annual Percentage Rate
* = As low as

Relationship Perks

Loan Type Term APR* Min. Amount
New Vehicle up to 60 months 3.99% n/a
New Vehicle 61 to 72 months 3.99% n/a
Used 2018-2021 up to 72 months 3.99% n/a
Used 2018-2021 84 to 120 months 4.49% $25,000
Used 2016-2017 up to 72 months 4.49% n/a
Used 2016-2017 84 to 120 months 5.49% $25,000
Used 2011-2015 up to 72 months 5.74% n/a
Used 2011-2015 84 to 120 months 6.74% $25,000
Used 2010 & Older up to 60 months 6.74% n/a
Used 2010 & Older 72 to 84 months 7.74% $25,000
Apply Online

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

Rates effective 11/1/20
APR = Annual Percentage Rate
* = As low as

Relationship Perks

Loan Type Term APR*
New Vehicle up to 60 months 4.49%
New Vehicle 61 to 66 months 4.99%
Used 2018-2021 up to 60 months 4.49%
Used 2018-2021 61 to 66 months 4.99%
Used 2016-2017 up to 48 months 4.99%
Used 2016-2017 49 to 54 months 5.49%
Used 2014-2015 up to 36 months 5.99%
Used 2014-2015 37 to 42 months 6.49%
Used 2013 & Older up to 36 months 6.99%
Used 2013 & Older 37 to 42 months 7.49%
Apply Online

Second Mortgages (Fixed Rate)

Rates effective 11/1/20
APR = Annual Percentage Rate
* = As low as

Loan Type Term APR*
Second Mortgage - Owner Occupied up to 120 months 4.99%
Second Mortgage - Owner Occupied 121 to 180 months 5.99%
View Other Mortgage Products


Maximum amount financed is $100,000 or up to 80% of Appraisal Value minus First Mortgage. Appraisal required on all CLTV higher than 80% or loan amounts above $50,000. Property location must be within a fifty (50) mile radius of any MidWest America Branch. Ask for more details.

Share Secured Loans

Rates effective 11/1/20
APR = Annual Percentage Rate
* = As low as

Loan Type Term APR*
100% Share Secured Up to 5 Years 3.10%

Personal Loans

Rates effective 11/1/20
APR = Annual Percentage Rate
* = As low as

Loan Type Term APR*
Personal (Maximum amount $10,000) Up to 60 months 9.90%
Apply Online

 

Savings Rates

Quarterly rates effective as of 9/30/20
Monthly rates effective as of 10/31/20
APY = Annual Percentage Yield

Type Min. 
Opening Balance
Term Dividend Rate Min. Balance
to Earn Dividends
Dividend Distribution APY
Regular Shares
$5
Daily
0.10%
$200
Quarterly
0.10%
You Name It Savings
$1
Daily
0.05%
$0.00
Quarterly
0.05%
Youth Savings
$1
Daily
2.96%
$0.00
Quarterly
3.00%
Youth Savings
$1
Daily
0.05%
$500.01
Quarterly
0.05%
Freedom Checking
$0.00
Daily
0.00%
n/a
No distribution
0.00%
Benefits Plus® Checking
$0.00
Daily
0.00%
n/a
No distribution
0.00%
Reward Checking
$0.00
Daily
1.01%
$0 to $10,000
Monthly
1.01%
Reward Checking
$0.00
Daily
0.24%
$10,000.01 +
Monthly
0.24%
Reward Checking
(when req not met )
$0.00
Daily
0.01%
$0
Monthly
0.01%
Liquid Gold
$2,500
Daily
0.10%
$2,500
Monthly
0.10%
Liquid Gold
$2,500
Daily
0.16%
$10,000
Monthly
0.16%
Liquid Gold
$2,500
Daily
0.21%
$25,000
Monthly
0.21%
Liquid Gold
$2,500
Daily
0.28%
$50,000
Monthly
0.28%
Health Savings Account
$0.00
Daily
0.05%
$500
Monthly
0.05%
Health Savings Account
$0.00
 
Daily
0.10%
$2,500
Monthly
0.10%
Health Savings Account
$0.00
Daily
0.21%
$10,000
Monthly
0.21%
  • 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 10/31/20
APY = Annual Percentage Yield

Type Term Dividend Rate Min. Balance to Earn Dividend Dividend Distribution APY*
Traditional Share IRA Daily 0.14% $1.00 Monthly 0.14%
Roth IRA Daily 0.14% $1.00 Monthly 0.14%
Coverdell ESA Daily 0.14% $1.00 Monthly 0.14%
  • *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 more information, see your Truth-in-Savings disclosure.

Certificate Rates

Rates effective 11/25/20
APY = Annual Percentage Yield

Relationship Perks

Type Term Dividend Rate Min. Balance Dividend Distribution APY* APY* (with Relationship Perks)1
Share/IRA Certificate 1 week 0.03% $10,000 Maturity 0.03% 0.03%
Share/IRA Certificate 4 week 0.03% $10,000 Maturity 0.03% 0.03%
Share/IRA Certificate 91 days 0.10% $500 Maturity 0.10% 0.10%
Share/IRA Certificate 182 days 0.20% M
0.20% Q
$500 Monthly /Quarterly 0.20% 0.40%
Share/IRA Certificate 182 days 0.20% M
0.20% Q
$10,000 Monthly / Quarterly 0.20% 0.40%
Branch Into Savings Youth Certificate 12 month 1.24% M $500 - $1,000 Monthly 1.25% N/A
Share/IRA Certificate 12 month 0.25% $500 Quarterly 0.25% 0.45%
Share/IRA Certificate 12 month 0.25% M
0.25% Q
$10,000 Monthly / Quarterly 0.25% 0.45%
Share/IRA Certificate 18 month 0.30% $500 Quarterly 0.30% 0.50%
Share/IRA Certificate 18 month 0.30% M
0.30% Q
$10,000 Monthly / Quarterly 0.30% 0.50%
Share/IRA Certificate 24 month 0.40% $500.00 Quarterly 0.40% 0.60%
Share/IRA Certificate 24 month 0.40% M
0.40% Q
$10,000 Monthly / Quarterly 0.40% 0.60%
Share/IRA Certificate 30 month 0.50% $500 Quarterly 0.50% 0.70%
Share/IRA Certificate 30 month 0.50% M
0.50% Q
$10,000 Monthly / Quarterly 0.50% 0.70%
Share/IRA Certificate 36 month 0.60% $500 Quarterly 0.60% 0.80%
Share/IRA Certificate 36 month 0.60% M
0.60% Q
$10,000 Monthly / Quarterly 0.60% 0.80%
Share/IRA Certificate 48 month 0.60% $500 Quarterly 0.60% 0.80%
Share/IRA Certificate 48 month 0.60% M
0.60% Q
$10,000 Monthly / Quarterly 0.60% 0.80%
Share/IRA Certificate 60 month 0.65% $500 Quarterly 0.65% 0.85%
Share/IRA Certificate 60 month 0.65% M
0.65% Q
$10,000 Monthly / Quarterly 0.65% 0.85%
Share/IRA Certificate 60 month 0.65% M
0.65% Q
$25,000 Monthly / Quarterly 0.65% 0.85%
  • *APY = Annual Percentage Yield
  • 1Every member with an active checking account (Freedom, Benefits Plus®, or Reward Checking) is eligible for Relationship Perks. Checking account must be open for at least 30 days with a minimum of 5 transactions in the most recent month. 
  • There may be penalty for early withdrawal.
  • Quarterly Certificates - 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 9/30/20
Monthly rates effective as of 10/31/20
APY = Annual Percentage Yield

Type Min. 
Opening Balance
Term Dividend Rate Min. Balance
to Earn Dividends
Dividend Distribution APY
Member Business Share Savings
$100
Daily
0.10%
$200
Quarterly
0.10%
Business Gold Money Market
$0.00
Daily
0.10%
$0.00
Monthly
0.10%
Business Gold Money Market
$0.00
Daily
0.16%
$25,000
Monthly
0.16%
Business Gold Money Market
$0.00
Daily
0.21%
$50,000
Monthly
0.21%
Business Gold Money Market
$0.00
Daily
0.28%
$100,000
Monthly
0.28%
Business Gold Money Market
$0.00
Daily
0.33%
$250,000
Monthly
0.33%
Business Checking
$0.00
Daily
0.05%
$0.00 to $25,000
Monthly
0.05%
Business Checking
$0.00
Daily
0.11%
$25,000.01 to $50,000
Monthly
0.11%
Business Checking
$0.00
Daily
0.19%
$50,000.01 to $75,000
Monthly
0.19%
Business Checking
$0.00
Daily
0.28%
$75,000.01 +
Monthly
0.28%
Association Checking
$0.00
Daily
0.19%
$0.00
Monthly
0.19%
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.