What is a Health Savings Account or HSA? HSAs are tax-free investment accounts designed to help people pay for future medical costs, like deductibles and co-pays. It goes hand-in-hand with your health insurance coverage and functions like a checking account to pay for your health-related expenses.
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The new year is an opportunity to reset and build momentum for your financial goals. Here are Bank Midwest’s top tips and resources to ensure you’re on track to meet your life goals this year.
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While the pandemic has redefined vacation, most of us can agree it has not diminished the desire and importance of “getting away.” Our quarantine social distance experiences have taught us some lessons and offer some new rules for the road.
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Money management and financial literacy rely heavily on how well an individual understands personal banking. Regardless of where you are on your personal banking journey, this guide will give you basic tips on how to use the services of community banks. From how banks work to checking and saving accounts, we’ll cover almost everything you…
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You may have been using digital payment methods without even thinking about it, as they have become so common in our society. At its core, a digital payment is a transaction or financial transfer that takes place without the use of physical cash.
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Checking accounts may have more benefits than you think. Learn about the different types of checking accounts and the benefits of using them.
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ATMs can only offer so much. When you need to talk to a banking professional, that’s where the ITM shines. Simply select the option to talk to a live Bank Midwest employee and, in seconds, one of our employee-owners will appear on-screen to help you with your banking needs.
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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
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Here’s what homebuyers can expect when making their first home purchase, from prequalification to mortgage approval.
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Store credit cards may sound like a great way to save money, but they may not be right for everyone.
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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.
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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.
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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.
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The average homebuying timeline will vary for everyone, but yours could potentially be delayed if you make a handful of certain financial moves. Learn what to avoid when buying a home.
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A CD is an excellent way to start setting aside money for the future and benefit from the high yield interest rates.
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Tax season also means scam season. Thousands of people have lost millions of dollars and personal data to tax-related scams. New variations of scams appear every year. Remain alert and follow these tax scam tips provided by the IRS.
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With the exception of a few sun belt states, shopping for a house in the winter just seems off. The traditional time to go from listing to listing is spring and summer. But while things slow down this time of year, there are some hidden advantages to choosing it as your buying season. In fact,…
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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.
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Building a house vs. buying. It’s a question that faces many who enter the housing market. Whether you’re a first-time homebuyer or you’re looking for something that better fits your family’s needs, it’s a question that you’ll likely have to consider. Whatever direction you decide to go, it’s important to compare the positives and negatives…
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If you’re known to dabble in a little online browsing, odds are you’ve encountered a pop-up once or twice. There are times when you may think, “Wow, that’s a great deal!” and click on a pop-up. If you ever see a pop-up, put down the mouse. Why? That pop-up could be malicious or dangerous. There…
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