Important Information


No balance requirements. Carry balance over year to year.


Pay qualified medical expenses with pretax dollars


Contributions stay in place with job change or retirement. FDIC insured.

Community Banking at Our Core

But we're so much more!

We’re proud of our local heritage serving hometowns in Iowa, Minnesota, and South Dakota. Our founders started out in the 1880’s by helping neighbors and friends with simple banking and borrowing needs.

As our customers’ needs grow so does our business. Today, we also offer insurance protection, investments, mortgages, trust and estate planning not to mention equipment financing through OnePlace Capital.

While generations change and communities evolve, Bank Midwest’s driving principles remain the same:

One Place. One Team. Devoted to the security and prosperity of our customers

INVESTING $722 MILLION Community investment in loans
VOLUNTEERING 9,602 Employee hours volunteered
DONATING $180,000 Contributed to local organizations
IMPACTING $13,600,000 Community investment in loans

News & Education

7 Tips for Farmers to Develop a Strong Marketing Plan

One of the keys to success for today’s agricultural producers is a strong marketing plan which includes knowing break-even costs, having a solid action plan and keeping emotions out of it, according to tips released by the American Bankers Association at the ABA National Agricultural Bankers conference in Omaha, Neb. Members of the ABA Agricultural […]

Organizing Now Will Simplify Your Move in the Future

So you’ve got a plan to move? Based on finances, school start and stop times, and new opportunities, you plan to list your house in about 6 months. The idea of packing and moving again is the stuff of nightmares to you, so you try to suppress the thought at all costs. Getting your belongings […]

How to Talk to Your Kids About Money

How soon is too soon to talk to your kids or grandkids about money? If they are old enough to ask for a toy or a bike, they are old enough to start learning financial lessons that will last a lifetime. The best financial lessons are part of everyday experiences. Look for opportunities to talk […]