Financial Education Articles: Bank Midwest Blog

Expert financial literacy tips, money management advice, and banking insights from your community bank.

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Bank Midwest’s New Website

Built to Better Serve You At Bank Midwest, we believe banking should be simple, dependable, and headache-free. While that hasn't changed, how you bank has. That's why we launched a fully redesigned website to deliver a better digital experience that’s…

May 28, 2026

Bank Midwest Donates $10,000 to Windom Area Youth Hockey Association for New Scoreboard

Windom, MN – Bank Midwest is pleased to announce a recent contribution of $10,000 to Windom Area Youth Hockey Association in Windom, to install a new digital scoreboard in the ice arena. This investment reflects Bank Midwest’s ongoing commitment to…

April 22, 2026

Bank Midwest: Serving and Community Impact in 2025

At Bank Midwest, supporting the communities where we live and work isn’t just what we do every day during bank hours—it is at the core of who we are. In 2025, that commitment showed up in a big way through…

February 3, 2026

Business Fraud Prevention Concerned Man Computer

Small Business Fraud Prevention

Businesses need to stay vigilant to protect hard-earned revenue, reputation and customer trust. This blog dives into three trending scams to keep an eye on, and how to respond if your small business is hit with one of them.

November 13, 2025

Renters Insurance Explained

If you're currently renting, and will be for the foreseeable future, it's in your best interest to get an insurance plan now because life is unpredictable and you never know when coverage will come in handy.

October 30, 2025

Luke Donnenwerth Appointed President and Chief Banking Officer

Bank Midwest is proud to announce the promotion of Luke Donnenwerth to the position of President and Chief Banking Officer.

October 28, 2025

Tom Nelson Earns Certificate from Iowa Bankers Commercial Lending School

Tom Nelson of Bank Midwest successfully completes the 2025 Iowa Bankers Association’s Commercial Lending School held October 6-10 in Ankeny. Attending the school demonstrates commitment to professional growth and expertise and graduates will use their knowledge to further serve their…

October 27, 2025

What is the Purpose of Life Insurance?

Explore the important role life insurance plays in safeguarding your family's financial future, the different policy types, and how to choose the right one.

October 16, 2025

Saving for a House

Saving for a House and Other Financial Considerations 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 only…

October 15, 2025

Bank Midwest Hosts Business Fraud Prevention Webinar

Fraud is one of the most critical threats facing small business owners today. Watch this 34-minute webinar to learn how to recognize and respond to threats before they cause damage.

October 8, 2025

a family that is happy because learned how to buy a home

How To Buy a Home in 5 Steps

How Long Before You Can Buy a Home? The average person wanting to buy a home uses the internet to help their house hunt spends 10 weeks evaluating various available homes, according to the National Association of Realtors. This often…

September 19, 2025

What Is Umbrella Insurance?

Think umbrella insurance isn't essential? Learn why this type of coverage is critical to fully protecting your assets.

September 9, 2025