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A young lady is using her laptop in a new apartment to review personal account deposit rates
Great Rates

Browse our rates and Annual Percentage Yields (APYs).

Personal Deposit Rates

Looking to open an account? Visit your nearest branch to open a checking, savings, or money market account.

Looking to open a CD? Popular options include a 6 month, 12 month, and 24 month.

Effective June 22, 2022
Minimum Deposit1 $1,000 $25,000 $50,000 $100,000
Term (mos.) Interest Rate APY2 Interest Rate APY2 Interest Rate APY2 Interest Rate APY2
3 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
6 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
9 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
12 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
18 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
24 0.07 0.07 0.09 0.09 0.11 0.11 0.13 0.13
36 0.13 0.13 0.15 0.15 0.17 0.17 0.19 0.19
48 0.14 0.14 0.16 0.16 0.18 0.18 0.20 0.20
60 0.18 0.18 0.20 0.20 0.22 0.22 0.24 0.24
Visit your nearest branch to open a new CD.

1Minimum deposit required to open an account is $1,000. Penalty may be imposed for early withdrawal. Fees may reduce account earnings. Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin.
2 APY assumes monthly compounding.
Effective June 22, 2022
Minimum Deposit2 $1,000 $25,000 $50,000 $100,000
Term (mos.) Interest Rate APY3 Interest Rate APY3 Interest Rate APY3 Interest Rate APY3
3 0.04 0.04 0.06 0.06 0.08 0.08 0.10 0.10
6 0.10 0.10 0.12 0.12 0.14 0.14 0.16 0.16
9 0.12 0.12 0.14 0.14 0.16 0.16 0.18 0.18
12 0.16 0.16 0.18 0.18 0.20 0.20 0.22 0.22
18 0.25 0.25 0.27 0.27 0.29 0.29 0.31 0.31
24 0.40 0.40 0.42 0.42 0.44 0.44 0.46 0.46
36 0.52 0.52 0.54 0.54 0.56 0.56 0.58 0.58
48 0.60 0.60 0.62 0.62 0.64 0.64 0.66 0.66
60 0.70 0.70 0.72 0.72 0.74 0.74 0.76 0.76
Visit your nearest branch to open a new CD.

1 For retail banking clients with a Diamond Checking Account. Contact a First Midwest Banker to discuss rate enhancements.
2 Minimum deposit required to open an account is $1,000. Penalty may be imposed for early withdrawal. Fees may reduce account earnings. Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin.
3 Annual Percentage Yield assumes monthly compounding.

 

Effective June 22, 2022
Minimum Deposit2 $1,000 $25,000 $50,000 $100,000
Term (mos.) Interest Rate APY3 Interest Rate APY3 Interest Rate APY3 Interest Rate APY3
3 0.02 0.02 0.03 0.03 0.04 0.04 0.05 0.05
6 0.04 0.04 0.05 0.05 0.06 0.06 0.07 0.07
9 0.06 0.06 0.07 0.07 0.08 0.08 0.09 0.09
12 0.08 0.08 0.10 0.10 0.12 0.12 0.14 0.14
18 0.12 0.12 0.14 0.14 0.16 0.16 0.18 0.18
24 0.20 0.20 0.22 0.22 0.24 0.24 0.26 0.26
36 0.27 0.27 0.29 0.29 0.31 0.31 0.33 0.33
48 0.30 0.30 0.32 0.32 0.34 0.34 0.36 0.36
60 0.35 0.35 0.37 0.37 0.39 0.39 0.41 0.41
Visit your nearest branch to open a new CD.

1 For retail banking clients with Midwest Checking or grandfathered Club, Club 50, Choice, Prime Banking, Direct Pay, Direct Pay Plus, Total Advantage, or Premier Performance – contact a First Midwest Banker to discuss rate enhancements.
2 Minimum deposit required to open and account is $1,000. Penalty may be imposed for early withdrawal. Fees may reduce account earnings. Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin.
3 Annual Percentage Yield assumes monthly compounding.

 

Effective June 22, 2022
Minimum Deposit2 $500 $25,000 $50,000 $100,000
Term (mos.) Interest Rate APY3 Interest Rate APY3 Interest Rate APY3 Interest Rate APY3
6 0.10 0.10 0.12 0.12 0.14 0.14 0.16 0.16
9 0.12 0.12 0.14 0.14 0.16 0.16 0.18 0.18
12 0.16 0.16 0.18 0.18 0.20 0.20 0.22 0.22
18 0.25 0.25 0.27 0.27 0.29 0.29 0.31 0.31
24 0.40 0.40 0.42 0.42 0.44 0.44 0.46 0.46
36 0.52 0.52 0.54 0.54 0.56 0.56 0.58 0.58
48 0.60 0.60 0.62 0.62 0.64 0.64 0.66 0.66
60 0.70 0.70 0.72 0.72 0.74 0.74 0.76 0.76
Visit your nearest branch to open a new IRA.

1 For retail banking clients with a Diamond Checking Account. Contact a First Midwest Banker to discuss rate enhancements.
2 Minimum deposit required to open an account is $500. Penalty may be imposed for early withdrawal. APYs assume quarterly compounding. Fees may reduce account earnings. Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin.
3 APY assumes quarterly compounding.
Effective June 22, 2022
Minimum Deposit2 $500 $25,000 $50,000 $100,000
Term (mos.) Interest Rate APY3 Interest Rate APY3 Interest Rate APY3 Interest Rate APY3
6 0.04 0.04 0.05 0.05 0.06 0.06 0.07 0.07
9 0.06 0.06 0.07 0.07 0.08 0.08 0.09 0.09
12 0.08 0.08 0.10 0.10 0.12 0.12 0.14 0.14
18 0.12 0.12 0.14 0.14 0.16 0.16 0.18 0.18
24 0.20 0.20 0.22 0.22 0.24 0.24 0.26 0.26
36 0.27 0.27 0.29 0.29 0.31 0.31 0.33 0.33
48 0.30 0.30 0.32 0.32 0.34 0.34 0.36 0.36
60 0.35 0.35 0.37 0.37 0.39 0.39 0.41 0.41
Visit your nearest branch to open a new IRA.

1 For retail banking clients only with Midwest Checking or grandfathered Club, Club 50, Choice, Prime Banking, Direct Pay, Direct Pay Plus, Total Advantage, or Premier Performance – contact a First Midwest Banker to discuss rate enhancements
2 Minimum deposit required to open an account is $500. Penalty may be imposed for early withdrawal. APYs assume quarterly compounding. Fees may reduce account earnings.
3 APY assumes quarterly compounding.
Effective June 22, 2022
Minimum Deposit1 $500 $25,000 $50,000 $100,000
Term (mos.) Interest Rate APY2 Interest Rate APY2 Interest Rate APY2 Interest Rate APY2
6 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
9 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
12 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
18 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
24 0.07 0.07 0.09 0.09 0.11 0.11 0.13 0.13
36 0.13 0.13 0.15 0.15 0.17 0.17 0.19 0.19
48 0.14 0.14 0.16 0.16 0.18 0.18 0.20 0.20
60 0.18 0.18 0.20 0.20 0.22 0.22 0.24 0.24
Visit your nearest branch to open a new IRA.

1 Minimum deposit required to open an account is $500. Penalty may be imposed for early withdrawal. APYs assume quarterly compounding. Fees may reduce account earnings.
2 Annual Percentage Yield assumes quarterly compounding.
Effective June 22, 2022
Balance1 Diamond Savings Investor Reserve Savings Statement Savings Health Savings Account (HSA) Foundation Savings
  Rate APY2 Rate APY2 Rate APY2 Rate APY2 Rate APY2
>$0 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
$500 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.01 0.01
$1,000 0.01 0.01 0.01 0.01 0.01 0.01 0.03 0.03 0.01 0.01
$2,500 0.02 0.02 0.01 0.01 0.01 0.01 0.04 0.04 0.01 0.01
$10,000 0.02 0.02 0.01 0.01 0.01 0.01 0.05 0.05 0.01 0.01
$25,000 0.02 0.02 0.02 0.02 0.01 0.01 0.05 0.05 0.01 0.01
$50,000 0.03 0.03 0.02 0.02 0.01 0.01 0.05 0.05 0.01 0.01
$100,000 0.04 0.04 0.03 0.03 0.01 0.01 0.05 0.05 0.01 0.01
$250,000 0.05 0.05 0.03 0.03 0.01 0.01 0.05 0.05 0.01 0.01
Click here to find a branch to open.

1 Minimum deposit required to open an account is $100. Rates are variable and can change after the account is opened. Fees may reduce account earnings. Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin.
2 We use the Daily Balance Method to compute your interest. Interest is compounded and credited to your Account monthly. Fees may reduce earnings.
Effective June 22, 2022
Balance1 Diamond Money Market Premier Money Market Money Market IRA Money Market
  Rate APY2 Rate APY2 Rate APY2 Rate APY2
>$0 0.01 0.01 0.01 0.01 0.03 0.03 0.00 0.00
$1,000 0.01 0.01 0.01 0.01 0.03 0.03 0.01 0.01
$2,500 0.02 0.02 0.01 0.01 0.03 0.03 0.01 0.01
$25,000 0.03 0.03 0.02 0.02 0.03 0.03 0.01 0.01
$50,000 0.04 0.04 0.02 0.02 0.03 0.03 0.03 0.03
$100,000 0.05 0.05 0.03 0.03 0.03 0.03 0.03 0.03
$250,000 0.05 0.05 0.03 0.03 0.03 0.03 0.03 0.03
Click here to find a branch to open.

1 Minimum deposit required to open an account is $100. Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin. Rates are variable and can change after the account is opened.
2 We use the Daily Balance Method to compute your interest. Interest is compounded and credited to your Account monthly. Fees may reduce earnings.
Effective June 22, 2022
Balance1 Diamond Checking Midwest Checking
  Rate APY2 Rate APY2
>$0 0.01 0.01 0.01 0.01
$10,000 0.01 0.01 0.01 0.01
$25,000 0.01 0.01 0.01 0.01
$50,000 0.02 0.02 0.01 0.01
$100,000 0.03 0.03 0.01 0.01
Click here to find a branch to open.

1 Minimum deposit required to open an account is $100. Online account opening is available to residents of Illinois, Indiana, Iowa and Wisconsin. Rates are variable and can change after the account is opened.
2 We use the Daily Balance Method to compute your interest. Interest is compounded and credited to your Account monthly. Fees may reduce earnings.

Certificates of Deposit

Certificates of Deposit (CDs) are an excellent investment for those who want a strong, predictable return on their investment.

Learn More

Money Markets

Looking for a higher level of interest than a traditional savings account and the flexibility to access your money when you need it? Our money market account may be the perfect choice for you.

Get Started

IRAs

Individual Retirement Accounts (IRAs) are an excellent way to build savings for retirement while realizing significant tax advantages.2

Explore IRAs

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800-322-3623