Featured Savings Rates
Featured Accounts

MidWest America Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.51%Reward CheckingReward Checking
1.55%5-year CD60 Month CD
0.65%1-year CD12 Month CD

Overview / Commentary
260-482-3334
1104 Medical Park Dr
Fort Wayne, IN 46825-5826

MidWest America Federal Credit Union is headquartered in Fort Wayne and is the 12th largest credit union in the state of Indiana. It is also the 479th largest credit union in the nation. It was established in 1936 and as of September of 2017, it had grown to 168 employees and 56,252 members at 15 locations. MidWest America Federal Credit Union has 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

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Reviews (4)

I enjoy my Credit Union.

Posted by: josephho | Feb 16, 2017

They are decent but have a few rules especially when you deposit a non payroll check, or a personal check. If you drive up or walk in they will usually turn you away if your account doesn't have enough money to cover the check. If the check is over 200 dollars it is put on a hold for 3 business days and if you need the money then it is a pain. Like my kids get xmas and birthday checks from the wifes father and usually they will not cash them or expect to take forever to do so if and when they do. It's ok for fees and they cover overdrafts though. If you have anything besides direct deposit though you will have a rough time depositing strange checks.

Great Local Bank With Great Rates, But Subpar Online Service

Posted by: TrevorMad | Dec 8, 2016

I have been doing business with Midwest America since I was a child and have never had any issues with any of their services. The employees always treat me like a member of their family. The employees here listened to my financial situation and helped me open a rewards checking account in which I received an awesome interest rate on my checking account! I've had minimal fees, and they were either waived or explained each to me in a way that I understand so I can avoid receiving them in the future. The only drawback to this financial institution is that their online services are a bit dated. Online services are kept to a minimum of just basic account inquiries. For a local bank, it is good that they have online services, however they seem as if they haven't been updated in the 20 years I've had an account here.

Harass Customers And Unprofessional

Posted by: jpurtee1 | Oct 22, 2014

Absolutely the worst customer service I have ever experienced. We have a vehicle loan with this company. We mailed a vehicle payment to them and three weeks later they called demanding to know the location of the vehicle and said they must know by 5:00pm that day. There was apparently a delay in mail services as the payment was made three weeks earlier and on time. After we called to have a stop payment On The check they then called and reported they had already received the check. This isn't the first of threatening and demanding calls. Do yourself a favor and find another bank. They harass their customers and are very unprofessional. I wouldn't even give a one star for services but was a requirement .

Closed My Account And Will Never Bank With Them Again.

Posted by: Anonymous | Jul 14, 2011

They wanted to add over $1900 to my loan balance if I didn't continue to jump through their hoops. I had to go to my local bank to get a lien to pay them off, and they still wanted to add the $1900+ to my balance ( that was zero at that time ).



Health

Health Grade Components

Overall
NCUA #1427
Year Chartered1936
Employees168
Primary Regulator
Profit Margin
Return on Assets - YTD0.98%
Return on Equity - YTD7.15%
Annual Interest Income$13.6MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$572.5MM$544.0MM
LoansQ3 2017vs Q3 2016$470.6MM$428.6MM
DepositsQ3 2017vs Q3 2016$468.5MM$454.4MM
Equity CapitalQ3 2017vs Q3 2016$78.1MM$72.7MM
Loan Loss AllowanceQ3 2017vs Q3 2016$2.3MM$2.1MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$1.3MM$1.0MM
Real Estate OwnedQ3 2017vs Q3 2016$47.00K$23.00K
Rates
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* 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
0.23%*$50k*-Liquid Gold
OTHER TIERS: 0.10% $2,500 - $10k | 0.14% $10k - $25k | 0.19% $25k - $50k
0.19%*$10k*-Health Savings Account
OTHER TIERS: 0.05% $500 - $2,500 | 0.10% $2,500 - $10k
0.19%--Traditional Rate Share IRA
0.19%--Conversion Roth IRA
0.19%--Education Roth IRA
0.19%--Contribution Roth IRA
0.10%$200-Regular Shares
0.10%$200-Business Share Savings
0.05%--"You Name It" Savings
0.05%--Kids Club Account

MidWest America Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.23%*$100k*-Business Gold Money Market
OTHER TIERS: 0.10% Up to $25k | 0.13% $25k - $50k | 0.19% $50k - $100k

MidWest America Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*-$10kReward Checking
OTHER TIERS: 0.23% $10k+
0.23%*$75k*-Advanced Business Checking
OTHER TIERS: 0.10% Up to $25k | 0.13% $25k - $50k | 0.19% $50k - $75k
0.23%--Association Checking
0.19%*$5k*-Advantage Checking
OTHER TIERS: 0.10% $1k - $2,500 | 0.13% $2,500 - $5k

MidWest America Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$5k$250k23 Month CD Special
1.55%$500-60 Month CD
1.55%$5k$250k16 Month CD Special
1.45%$500-48 Month CD
1.30%$500-36 Month CD
1.10%$500-30 Month CD
1.00%$500-24 Month CD
0.80%$500-18 Month CD
0.65%$500-12 Month CD
0.45%$500-182 Days CD
0.10%$500-91 Days CD
0.03%$10k-1 Week CD
0.03%$10k-4 Week CD

MidWest America Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$5k$250k23 Month IRA Special
1.55%$500-60 Month IRA
1.55%$5k$250k16 Month IRA Special
1.45%$500-48 Month IRA
1.30%$500-36 Month IRA
1.10%$500-30 Month IRA
1.00%$500-24 Month IRA
0.80%$500-18 Month IRA
0.65%$500-12 Month IRA
0.45%$500-182 Days IRA
0.10%$500-91 Days IRA
0.03%$10k-1 Week IRA
0.03%$10k-4 Week IRA
Locations

Availability