Impersonation Fraud Warning
Scammers are impersonating Bank Midwest. If you receive an unexpected call or message from someone from Bank Midwest regarding unauthorized account activity, call us back using a known source -- saved phone number, our website, or statement. Remember, we will never request your login credentials, authentication code or account information through phone calls not initiated by you. If you receive suspicious or unexpected calls, please contact us to verify -- 888.902.5662.
One way business owners can make their financial lives simpler is by opening a sweep account. These accounts can streamline many cash management workflows — and, best of all, they can put money to work by earning interest or giving your company some other advantage.
Continue
Running a business is a fiscal balancing act. Sustainable business practices can reduce overhead while serving as an example in the community and attracting talent.
Continue
Every company needs business insurance, but what does that actually mean? Let’s take a closer look at what business insurance includes.
Continue
The story of Lalibela Ethiopian Restaurant in Sioux Falls, South Dakota, could go any number of directions, most of which would make the average person’s head spin. First, there’s a certain resilience that it takes for a family to start and run a business, fueled both by passion and a crazy high-level of tolerance for…
Continue Dream Big: Lalibela Ethiopian Restaurant
Don’t wait to start thinking about life insurance. The sooner you consider your options, the more choices you’ll have available to you. Bank Midwest Insurance can help you
Continue
Commercial insurance is a complex topic. This article compares some basic business policies to ensure you have the information you need to protect your future.
Continue
The holidays are a time of cheer and goodwill, but falling victim to fraud can swiftly deflate the mood. Avoid holiday scams with these tips.
Continue
If you own a business, it’s essential to your financial health that you ask yourself these common business insurance policy questions.
Continue
Business owners must be aware of financial fraud risks, which means being sure your cash management solution has key layers of security protection to reliably safeguard your funds.
Continue
Loss control involves creating and implementing systems that are designed to make workplaces safer through evaluation, training, and monitoring. Effective loss control systems can help reduce the cost of business insurance premiums.
Continue
Business disruption can come in many forms, whether as a pandemic, natural disaster, data breach, recession, fire or some other emergency or loss. The reality is that the risks will always be there, which is why your business needs to undertake comprehensive continuity planning. Sometimes, this task can feel like an exercise in simply checking…
Continue 4 steps to effective business continuity planning
When is the right age for a child to get their first debit or credit card? Here are some ways to know when it’s right, as well as some tips for how to educate them on responsible financial decision-making.
Continue
Instinct and experience can go a long way toward managing a successful farm. But there’s no substitute for a methodical, well-recorded operating budget. Financial tidiness can help farmers have a better grasp on what they can and cannot afford, but also what they should spend money on when they have change to spare. An operating budget can…
Continue The farmer’s ledger: operating budget 101
Buying your first home is one of the biggest financial decisions you’ll make. Download our first-time homebuyer’s handbook to learn what’s involved.
Continue
Employment Practices Liability Insurance (EPLI) can help reduce damage to a business when the legal rights of employees are violated. Learn the basics of EPLI, such as which lawsuits it protects you against and how much it may cost.
Continue
Scaling a small business is a delicate balancing act that demands careful planning. The goal should be to increase revenue faster than you increase spending to sustain that new revenue. Simple, right? Well, not exactly. When your business starts showing signs of growth, consider these tips for scaling responsibly.
Continue
What you should look for when choosing a business checking account depends on your needs. Whether it’s your first business account or are switching to a new financial institution, here are a few tips to keep in mind.
Continue
Small and medium-sized businesses should never presume that they’re safe from cyberthreats. In fact, SMBs are a prime target. We don’t say this to scare you but to encourage vigilance to protect yourself.
Continue
Healthcare costs in the U.S. have never been higher, and that means businesses and employees need to be strategic about how they fund medical expenses.
Continue