Last Updated: 04/18/2025
MidWest America FCU Century Money Market Account
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.05% - 4.70%(Verified 06/21/2024)
Minimum Balance to Earn APY
$100,000
Minimum Opening Deposit
$100,000
MidWest America FCU Century Money Market Account Review
MidWest America FCU Century Money Market Account is offered by MidWest America Federal Credit Union, a credit union founded in 1936 and based in Fort Wayne, IN. MidWest America FCU Century Money Market Account are available in 50 states and Washington, DC.
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 4.70%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $100000.00.
- No monthly maintenance fees. This account does not charge any monthly account fees as long as you keep a minimum balance of $100,000.00 .
- High minumum opening deposit. You must deposit a minimum of $100,000.00, which is high compared to most money market accounts.
Pros & Cons of MidWest America FCU Century Money Market Account
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MidWest America FCU Century Money Market Account FAQ
Are money market accounts from MidWest America Federal Credit Union federally insured?
Yes, your money market accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.
What are the dividends for MidWest America FCU Century Money Market Account rates?
MidWest America FCU Century Money Market Account offers an APY starting at 0.05% and ranging up to 4.70% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $100000.00.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.05% - 4.70% |
What are the fees for MidWest America FCU Century Money Market Account?
MidWest America FCU Century Money Market Account does not charge a monthly maintenance fee.
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| Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for MidWest America FCU Century Money Market Account?
Minimum deposit of $100,000.00. You must make an initial deposit of at least $100,000.00 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $100,000.00.
Interest rate minimum balance of $100,000.00. You must keep the account balance above $100,000.00 to earn interest.
What features and perks does MidWest America FCU Century Money Market Account offer?
This account includes the following features:
What is the customer service phone number?
The customer service number for this account is (260) 482-3334.
What is the support contact email?
The support contact email for this business credit card is callcenter@mwafcu.org.
How to open an account with MidWest America Federal Credit Union
- Visit the MidWest America Federal Credit Union 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.
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Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:30PM
Saturday
Closed