Coronavirus Update

Your safety and well-being is our top priority at Bank Midwest. Due to increasing COVID activity in the Lakes Area, our Spirit Lake and Okoboji lobbies are closed until July 13. Please use our drive-up, digital channels, video tellers (ITM) or call 888.902.5662 for assistance. Learn more at bankmidwest.com/coronavirus/.

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Blog feature photo_Ins Cyber Insurance 101

Cyber insurance 101

Many small businesses are not prepared to handle a cyber incident. Here are answers to the most important cyber insurance questions.

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Is Life Insurance Right For You

Is life insurance right for you?

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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Bnk Changes In Your Business Cash Flow

How to navigate changes in your business cash flow

Business leaders come to expect the unexpected when it comes to cash flow – especially new businesses that are new to ebbs and flows of commerce. When challenging situations arise, use these pointers to help resolve common cashflow issues.

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Bank Midwest Photo Business Tips For Scaling A Small Business

Tips for scaling a small business effectively

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.

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Why Should I Use A Va Loan

Why Should I Use a VA Loan

The VA loan is one of the best mortgage loans there is. Here are some reasons why. First, VA guarantees the loan for 100% of the appraised value of the property (technically, the loan is for the Notice Of Value amount, which in most cases is the same thing). This guarantee means that the lender…
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First Time Homebuyer Reality Check

First Time Homebuyer Reality Check

Many first-time homebuyers have stars in their eyes when they first begun house-hunting. Their ideal is a house that is move-in-ready, offers the number of bedrooms/baths/square footage they’re looking for, is in a great neighborhood and, of course, is within their budget. Matching all that criteria is often a tall order, especially the move-in-ready aspect of…
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Should I Buy A Home With Little Savings

Saving for your house

Moving into your own house can be exciting and frightening at the same time.  Before transitioning from renting to owning a home, you’ll need to create a savings plan that not includes your down payment (typically 5 to 20 percent of the home’s value) but also a reserve fund to cover unexpected emergencies. Saving for…
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