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

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Help Center: Security

FDIC Protection

Keeping your deposits safe.

Bank Midwest is a member of the FDIC, an independent agency of the U.S. Government — the Federal Deposit Insurance Corporation (FDIC) — which insures your deposits up to $250,000 per depositor.

Account Types Insured

The FDIC insures deposits held in the following types of accounts up to the insured limit:

  • Checking
  • NOW
  • Savings
  • Money market deposit accounts
  • Certificates of Deposits (CDs)

Account Types Not Insured

Even if you purchase these products from an insured bank, the FDIC does not insure the money you invest in:

  • Stocks
  • Mutual funds
  • Life insurance policies
  • Annuities
  • Municipal securities

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