Important Information

Flexible

No balance requirements. Carry balance over year to year.

Affordable

Pay qualified medical expenses with pretax dollars

Safe

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

5 Holiday Mistakes That Could Cost You

The holidays are just around the corner, which means it’s time to enjoy vacations, catch up with family and old friends, and eat great food. While the holidays are about quality time and making memories, it’s easy to get caught up with spending money. Here are five holiday mistakes to avoid this year so you […]

Gift Giving on a Budget

As the holiday season approaches, do you find yourself looking forward to the festivities, but concerned about the impact on your wallet? You are not alone. By doing some planning now, you can simplify your gift giving. Here are ten ways you can enjoy this special time of year and keep spending in check: Food. […]

Bank Midwest Christmas Open House Events

Join us as we celebrate the holiday season at a Christmas Open House coming to a Bank Midwest near you! Armstrong Friday, Dec. 14 9 a.m. – 4 p.m. Fairmont Wednesday, Dec. 12 11 a.m. – 2 p.m. Jackson Friday, Dec. 7 9 a.m. – 4 p.m. New Ulm Friday, Dec. 14 8:30 a.m. – […]