Text Scam Alert

We’ve heard several reports of local customers receiving alarming text messages that appear to be sent by Bank Midwest questioning a fraudulent transaction. These text messages are scams and contain a link to a fake website requesting online banking credentials.

  • Do not click the link.
  • Do not enter your username and password.
If online banking credentials were submitted, please call Bank Midwest 888.902.5662 as soon as possible.

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Personal SAVINGS

Buy a high-deductible policy and deposit money in a Health Savings Account (HSA) to use for qualified medical expenses.

Gain more control over your healthcare dollars.

Open your Health Savings Account

Here's what you need to know about

Health Savings Accounts (or HSAs)

 

  • Checking Icon

    Minimum Opening Deposit

    $0

  • Checking Icon

    Minimum Balance

    $0

  • Checking Icon

    Monthly Fees

    $1.25

Eligibility

Anyone enrolled in a HSA-qualified health plan is eligible to open a Health Savings Account.

Every standard HSA offers the following benefits:

  • Earns interest
  • Features tax-deductible contributions
  • Offers convenient tax-free withdrawals by check or debit card for qualified medical expenses
  • Balances carry over year to year without “use it or lose it” requirements
  • Allows you to keep your contributions if you change jobs or retire
  • Is eligible for anyone under age 65 who is enrolled in a HSA-qualified plan

Our HSA also offers interest

  • RATE
    0.50%
    APY*
    0.50%

    $0–9,999.99

  • RATE
    0.75%
    APY*
    0.75%

    $10,000–19,999.99

  • RATE
    1.00%
    APY*
    1.00%

    $20,000+

*Annual Percentage Yields (APYs) effective as of April 23, 2023, and subject to change without notice. Contribution limits and restrictions apply. Fees may reduce earnings. Consult a tax advisor to discuss your financial situation.

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