SuperMoney 
  First Midwest Bank IRA Money Market

First Midwest Bank IRA Money Market

in Money Market Accounts from First Midwest Bank

Unaffiliated

First Midwest Bank IRA Money Market

Unaffiliated

in Money Market Accounts from First Midwest Bank

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend First Midwest Bank IRA Money Market to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
APY 0.05% - 0.15%

First Midwest Bank IRA Money Market Review

First Midwest Bank is based in Chicago, . It was founded in 1933 and offers its money market accounts in 4 states across the USA.

If you're considering a money market account and want to know whether First Midwest Bank IRA Money Market is right for you, read on.

Is First Midwest Bank IRA Money Market insured by the FDIC?

FDIC insured. First Midwest Bank IRA Money Market is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in money market accounts up to $250,000 per depositor if a member institution fails.

What are the First Midwest Bank IRA Money Market rates?

First Midwest Bank IRA Money Market offers an APY starting at 0.05% and ranging up to 0.15% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1000.

First Midwest Bank IRA Money Market Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.05% - 0.15%

What are the First Midwest Bank IRA Money Market fees?

First Midwest Bank IRA Money Market does not charge a monthly maintenance fee.

First Midwest Bank will charge you a $30 fee if you exceed your maximum number of monthly transactions.

Federal regulations limit the number of transactions you can make from your money market account to six per month.

First Midwest Bank IRA Money Market Fees
Fees Amount
Monthly Fee N/A
Paper Statement Fee N/A
Excess Transaction Fee $30

What is the minimum balance for First Midwest Bank IRA Money Market?

Minimum initial deposit of $100. You must make an initial deposit of at least $100 to open this account.

Interest rate minimum balance of $1,000. You must keep the account balance above $1,000 to earn interest.

What features and perks does First Midwest Bank IRA Money Market offer?

This account includes the following features:

  • Mobile Banking Services - First Midwest Bank IRA Money Market allows you to manage your money online.

How to open an account with First Midwest Bank

  • Visit the First Midwest Bank website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 4 states
  • Idaho
  • Illinois
  • Indiana
  • Wisconsin

Feature Breakdown

APY Minimum Balance $1,000
Minimum Initial Deposit $100
NSF Fee $37
Bank Account Features
  • Branch Access
  • Interest Bearing Account
  • IRAs
  • Mobile Banking
APY 0.05% - 0.15%
Dividend Rate 0.05% - 0.15%
Dividend Compounding Frequency Monthly
Dividend Payout Frequency Monthly

Be the first to rate

 
 

Would you recommend First Midwest Bank IRA Money Market to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

First Midwest Bank Money Market Accounts

Product

Reviews

APY

Additional Details

First Midwest Bank Diamond Money Market
APY 0.03% - 0.25%     0% 3%
  • Member FDIC
First Midwest Bank Premier Money Market
APY 0.03% - 0.08%     0% 3%
  • Member FDIC
First Midwest Bank Money Market

First Midwest Bank Money Market

Be the first to rate

APY 0.03% APY
  • Member FDIC