SuperMoney
  First Midwest Bank Statement Savings

First Midwest Bank Statement Savings

in Savings Accounts from First Midwest Bank · Member FDIC

Unaffiliated

First Midwest Bank Statement Savings

Unaffiliated

in Savings Accounts from First Midwest Bank · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend First Midwest Bank Statement Savings to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Monthly Fee $0 - $5
APY (Annual Percentage Yield) 0.01%
APY Minimum Balance N/A

First Midwest Bank Statement Savings Review

First Midwest Bank Statement Savings is offered by First Midwest Bank, a bank founded in 1933 and based in Chicago, . First Midwest Bank Statement Savings is available in 4 states across the USA.

First Midwest Bank Statement Savings FAQ

Are savings accounts from First Midwest Bank federally insured?

Yes, your First Midwest Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does First Midwest Bank offer a signup bonus?

First Midwest Bank Statement Savings has a signup bonus of $0.

What is the minimum balance for First Midwest Bank Statement Savings?

The minimum balance to open a First Midwest Bank Statement Savings is $100.
First Midwest Bank Statement Savings Account Minimums
Description
APY Minimum Balance N/A
Minimum Initial Deposit $100
Minimum Combined Balance to Avoid Monthly Fee N/A
Minimum Required Balance N/A
Minimum Direct Deposit to Avoid Monthly Fee N/A
Minimum Balance to Avoid Monthly Fee $200

What APY does First Midwest Bank offer?

First Midwest Bank Statement Savings offers an APY of 0.01% (APY stands for annual percentage yield, rates may change).

What features and perks does First Midwest Bank Statement Savings offer?

This account includes the following features:

  • Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
  • Free Bill Pay - Bill Pay allows you to receive ebills directly to your account and pay them easily from your account.
  • Nationwide ATM network - Withdraw money and check your balance from wherever you are.
  • First Midwest Bank Statement Savings Features
    Description
    Bank Account Features
    • Branch Access
    • Automatic Savings
    • Debit Card
    • Free Bill Pay
    • Mobile Banking
    • Nationwide ATM Network
    • Interest Bearing Account

What fees does First Midwest Bank Statement Savings charge?

First Midwest Bank Statement Savings does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fee if you have a minimum daily balance of $200.

  • Outgoing domestic bank transfers come with a $30 fee.
  • Incoming domestic bank transfers come with a $15 fee.
  • Outoing international bank transfers come with a $50 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $15 fee.
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...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 4 states
  • Illinois
  • Indiana
  • Iowa
  • Wisconsin

Feature Breakdown

Minimum Balance to Avoid Monthly Fee $200
Minimum Initial Deposit $100
Monthly Fee $0 - $5
Returned Deposit Fee (Domestic) $37
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $50
Bank Account Features
  • Branch Access
  • Automatic Savings
  • Debit Card
  • Free Bill Pay
  • Mobile Banking
  • Nationwide ATM Network
  • Interest Bearing Account
APY (Annual Percentage Yield) 0.01%

Be the first to rate

 

Would you recommend First Midwest Bank Statement Savings 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)

SUPERMONEY NET RECOMMENDATION SCORE

0%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Savings Accounts

First Midwest Bank Savings Accounts

Loading...