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MidWest America Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.54%
Our Rating
4.2  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.41%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.45%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.mwafcu.org
260-482-3334
1104 Medical Park Dr
Fort Wayne, IN 46825

MidWest America Federal Credit Union is headquartered in Fort Wayne and is the 15th largest credit union in the state of Indiana. It is also the 485th largest credit union in the nation. It was established in 1936 and as of December of 2024, it had grown to 182 employees and 51,431 members at 16 locations. MidWest America Federal Credit Union's CD rates are 3X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school within the Allen County Investment Area in Fort Wayne, Indiana or businesses in the area, or to those who live or work in Vermilion or Coles Counties in Illinois, or in the underserved area consisting of Allen, Barren, Christian, Monroe, and Trigg Counties, Kentucky.
See current membership details

Reviews (2)

Don’T Waste Your Time With Midwest!!!

Posted by: |

I have been a member with Midwest America Federal Credit Union since 2010! They do not value their members! They refused to give me a very small personal loan which no is just ridiculous!!! I had absolutely no problems getting approved in 30 minutes elsewhere!!! Guess it's time to switch to a real bank and stop messing around with such nonsense from this lame credit union!

1

Loan And Statement Issue

Posted by: |

Absolutely the worst online customer service I have experienced yesterday

2


Health
A+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #1427
Year Chartered1936
Employees182
Primary Regulator
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD5.92%
Annual Interest Income$42.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$900.6MM$821.3MM
LoansQ4 2024vs Q4 2023$682.6MM$588.7MM
DepositsQ4 2024vs Q4 2023$758.4MM$691.6MM
Equity CapitalQ4 2024vs Q4 2023$127.4MM$115.6MM
Loan Loss AllowanceQ4 2024vs Q4 2023$6.5MM$5.3MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$3.9MM$2.1MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.54%
Our Rating
4.2  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.41%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
4.45%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/23/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not MidWest America Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

MidWest America Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*$0$500Youth Savings
OTHER TIERS: 0.05% → $500+
0.66%*$50k*-Liquid Gold
OTHER TIERS: 0.30% → $2.5k - $10k | 0.46% → $10k - $25k | 0.56% → $25k - $50k
0.51%*$10k*-Health Savings Account
OTHER TIERS: 0.05% → $500 - $2.5k | 0.30% → $2.5k - $10k
0.14%$1-Coverdell ESA
0.05%$200-Regular Shares
0.05%$0-"You Name It" Savings
0.05%$200-Business Share Savings

MidWest America Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.23%*$250k*-Business Gold Money Market
OTHER TIERS: 0.50% → $0 - $25k | 1.00% → $25k - $50k | 1.50% → $50k - $100k | 2.50% → $100k - $250k
3.66%$100k-Century Money Market

MidWest America Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%$0$10kReward Checking
0.38%*$75k*-Business Checking
OTHER TIERS: 0.05% → $0 - $25k | 0.16% → $25k - $50k | 0.29% → $50k - $75k
0.29%$0-Association Checking

MidWest America Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$500-7 Month CD Special
3.25%$500-12 Month Branch Into Savings Youth Certificate
2.45%$500-182 Days CD Relationship Perks
2.45%$500-12 Month CD Relationship Perks
2.25%$500-182 Days CD
2.25%$500-12 Month CD
2.25%$500-Business 182 Days CD
2.25%$500-Business 12 Month CD
2.20%$500-18 Month CD Relationship Perks
2.00%$500-18 Month CD
2.00%$500-Business 18 Month CD
1.95%$500-24 Month CD Relationship Perks
1.95%$500-30 Month CD Relationship Perks
1.95%$500-36 Month CD Relationship Perks
1.95%$500-48 Month CD Relationship Perks
1.95%$500-60 Month CD Relationship Perks
1.75%$500-24 Month CD
1.75%$500-30 Month CD
1.75%$500-36 Month CD
1.75%$500-48 Month CD
1.75%$500-60 Month CD
1.75%$500-Business 24 Month CD
1.75%$500-Business 30 Month CD
1.75%$500-Business 36 Month CD
1.75%$500-Business 48 Month CD
1.75%$500-Business 60 Month CD
0.70%$500-91 Days CD Relationship Perks
0.50%$500-91 Days CD
0.50%$500-Business 91 Days CD
0.23%$10k-1 Week CD Relationship Perks
0.23%$10k-4 Week CD Relationship Perks
0.03%$10k-1 Week CD
0.03%$10k-4 Week CD
0.03%$10k-Business 1 Week CD
0.03%$10k-Business 4 Week CD

MidWest America Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$500$250k14 Month IRA Special
2.45%$500-182 Days IRA Relationship Perks
2.45%$500-12 Month IRA Relationship Perks
2.25%$500-12 Month IRA
2.25%$500-182 Days IRA
2.20%$500-18 Month IRA Relationship Perks
2.00%$500-18 Month IRA
1.95%$500-24 Month IRA Relationship Perks
1.95%$500-30 Month IRA Relationship Perks
1.95%$500-36 Month IRA Relationship Perks
1.95%$500-48 Month IRA Relationship Perks
1.95%$500-60 Month IRA Relationship Perks
1.75%$500-24 Month IRA
1.75%$500-30 Month IRA
1.75%$500-36 Month IRA
1.75%$500-48 Month IRA
1.75%$500-60 Month IRA
0.70%$500-91 Days IRA Relationship Perks
0.50%$500-91 Days IRA
0.23%$10k-1 Week IRA Relationship Perks
0.23%$10k-4 Week IRA Relationship Perks
0.14%$1-Traditional Rate Share IRA
0.14%$1-Roth IRA
0.03%$10k-1 Week IRA
0.03%$10k-4 Week IRA
Locations

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