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MidWestOne Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/4/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/4/2025
3.80%
Our Rating
4.2  / 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 7/4/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/4/2025
4.44%
Our Rating
4.3  / 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 7/4/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 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.midwestone.bank
319-356-5800
102 South Clinton Street
Iowa City, IA 52240

MidWestOne Bank is headquartered in IOWA CITY and is the 3rd largest bank in the state of Iowa. It is also the 240th largest bank in the nation. It was established in 1934 and as of March of 2025, it had grown to 758 employees at 59 locations. MidWestOne Bank's savings rates are 7X the national average, and it has an A health rating.

Reviews (1)

Bad Service

Posted by: |

Insanely difficult to close your account; you have to send them a letter as if it were 1924, not 2024. Half the customer service representatives you speak with have no idea what they are doing, and the bank's fraud detection is miserable. The majority of online purchases, even from large reputable stores, are flagged as fraudulent, and you are unable to use your money. There are much more reliable banks; put your money somewhere else!

1


Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #14843
Year Established1934
Employees758
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.12%
Return on Equity - YTD10.45%
Annual Interest Income$74.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$6.25B$6.74B
LoansQ1 2025vs Q1 2024$4.26B$4.36B
DepositsQ1 2025vs Q1 2024$5.49B$5.59B
Equity CapitalQ1 2025vs Q1 2024$676.1MM$649.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$53.9MM$55.9MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$15.5MM$27.1MM
Real Estate OwnedQ1 2025vs Q1 2024$3.2MM$3.9MM
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/4/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/4/2025
3.80%
Our Rating
4.2  / 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 7/4/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/4/2025
4.44%
Our Rating
4.3  / 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 7/4/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 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 MidWestOne Bank; 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.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

MidWestOne Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%*†$2m*-Business High Yield Saving Special (New Money) - Introductory Rate
OTHER TIERS: 2.50% → $25k - $100k | 2.75% → $100k - $250k | 3.00% → $250k - $500k | 3.25% → $500k - $1m | 3.50% → $1m - $2m
3.75%*†$2m*-High Yield Saving Special (New Money) - Introductory Rate
OTHER TIERS: 2.50% → $25k - $100k | 2.75% → $100k - $250k | 3.00% → $250k - $500k | 3.25% → $500k - $1m | 3.50% → $1m - $2m
2.50%*†$2m*-High Yield Savings
OTHER TIERS: 1.00% → $25k - $100k | 1.50% → $100k - $250k | 1.75% → $250k - $500k | 2.00% → $500k - $1m | 2.23% → $1m - $2m
2.47%*†$2m*-Business High Yield Savings
OTHER TIERS: 1.00% → $25k - $100k | 1.49% → $100k - $250k | 1.74% → $250k - $500k | 1.98% → $500k - $1m | 2.23% → $1m - $2m
0.75%*†$0$25kPower Savings
OTHER TIERS: 0.10% → $25k+
0.50%*†$25k*-Health Savings Account
OTHER TIERS: 0.35% → $0 - $1k | 0.40% → $1k - $5k | 0.45% → $5k - $25k
0.05%†$0-Consumer Savings
0.05%†$0-Business Savings
0.05%†$0-ClubONE Savings
0.05%†$0-Goal Savings

MidWestOne Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*†$500k*-Select Money Market
OTHER TIERS: 0.45% → $0 - $25k | 0.55% → $25k - $50k | 0.65% → $50k - $100k | 0.75% → $100k - $250k | 0.85% → $250k - $500k
0.75%*†$250k*-Money Market Account
OTHER TIERS: 0.20% → $0 - $10k | 0.25% → $10k - $25k | 0.35% → $25k - $50k | 0.50% → $50k - $100k | 0.65% → $100k - $250k
0.75%*†$1m*-Business Select Money Market
OTHER TIERS: 0.45% → $0 - $100k | 0.50% → $100k - $250k | 0.55% → $250k - $500k | 0.65% → $500k - $1m
0.50%*†$250k*-Business Money Market
OTHER TIERS: 0.20% → $0 - $10k | 0.25% → $10k - $25k | 0.35% → $25k - $50k | 0.40% → $50k - $100k | 0.45% → $100k - $250k

MidWestOne Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*†$0$25kPower Checking
OTHER TIERS: 0.10% → $25k+
0.10%*†$5k*-Connections Club Checking
OTHER TIERS: 0.05% → $0 - $5k
0.10%*†$5k*-Business Interest Checking
OTHER TIERS: 0.05% → $0 - $5k
0.10%*†$5k*-Non-Profit Checking
OTHER TIERS: 0.05% → $0 - $5k

MidWestOne Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%†$1k-7 Month Relationship Bump CD Special
3.95%†$1k-13 Month Relationship Bump CD Special
3.95%†$1k-Business 7 Month Relationship Bump CD Special
3.90%†$1k-22 Month Relationship Bump CD Special
3.90%†$1k-Business 13 Month Relationship Bump CD Special
3.85%†$1k-Business 22 Month Relationship Bump CD Special
3.75%†$1k-7 Month CD Special
3.70%†$1k-13 Month CD Special
3.70%†$1k-Business 7 Month CD Special
3.65%†$1k-22 Month CD Special
3.65%†$1k$500kBusiness 13 Month CD Special
3.60%†$1k$500kBusiness 22 Month CD Special
1.25%†$1k-60 Month CD
1.24%†$1k-Business 60 Month CD
1.00%†$1k-48 Month CD
1.00%†$1k-Business 48 Month CD
0.90%*†$10k*-36 Month CD
OTHER TIERS: 0.70% → $1k - $10k
0.90%*†$10k*-Business 36 Month CD
OTHER TIERS: 0.70% → $1k - $10k
0.85%*†$10k*-30 Month CD
OTHER TIERS: 0.65% → $1k - $10k
0.85%*†$10k*-Business 30 Month CD
OTHER TIERS: 0.65% → $1k - $10k
0.75%*†$10k*-24 Month CD
OTHER TIERS: 0.55% → $1k - $10k
0.75%*†$10k*-Business 24 Month CD
OTHER TIERS: 0.55% → $1k - $10k
0.65%*†$10k*-18 Month CD
OTHER TIERS: 0.55% → $1k - $10k
0.65%*†$10k*-Business 18 Month CD
OTHER TIERS: 0.55% → $1k - $10k
0.50%*†$10k*-12 Month CD
OTHER TIERS: 0.40% → $1k - $10k
0.50%*†$10k*-Business 12 Month CD
OTHER TIERS: 0.40% → $1k - $10k
0.40%*†$10k*-9 Month CD
OTHER TIERS: 0.30% → $1k - $10k
0.40%*†$10k*-Business 9 Month CD
OTHER TIERS: 0.30% → $1k - $10k
0.35%*†$10k*-6 Month CD
OTHER TIERS: 0.30% → $1k - $10k
0.35%*†$10k*-Business 6 Month CD
OTHER TIERS: 0.30% → $1k - $10k
0.25%*†$10k*-3 Month CD
OTHER TIERS: 0.20% → $1k - $10k
0.25%*†$10k*-Business 3 Month CD
OTHER TIERS: 0.20% → $1k - $10k

MidWestOne Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%†$1k-7 Month Relationship Bump IRA Special
3.95%†$1k-13 Month Relationship Bump IRA Special
3.90%†$1k-22 Month Relationship Bump IRA Special
0.50%*†$100k*-IRA Savings
OTHER TIERS: 0.20% → $0 - $15k | 0.30% → $15k - $50k | 0.40% → $50k - $100k
Locations

Availability

Cedar Rapids Area

Interactive local rates map


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