Certificate of Deposit Accounts

For those who have serious savings in mind, Midland Federal Savings offers certificates of deposit with terms ranging from three months to thirty months, and  interest rates designed to help you realize your financial goals with safety and security.

Midland Federal Savings also offers IRA certificates of deposit. Enjoy a competitive rate and terms from six months to thirty months.

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Individual Retirement Accounts

Save today for a brighter tomorrow. It is never too late to start saving for your retirement. And, with an Individual Retirement Account at Midland Federal, the interest you earn is tax-deductible until you start taking distributions, at which time you should be in a lower tax bracket.

Midland Federal offers Traditional IRAs or a Roth IRA. Both may be opened as a certificate of deposit account with terms ranging from six months to thirty months.

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Money Market Accounts

Flexibility and ease of use best describe Midland Federal’s Money Market Account. Our tiered interest rates allow you to determine your earning potential based upon the amount of money you keep in your account. Plus, your funds may  be accessed by simply writing a check or using your ATM card. In addition, just as all of our savings and checking accounts, your money is insured up to $100,000.00.

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Checking Accounts

What are you looking for when you choose a checking account? No minimum balance requirement? Reasonable monthly fees? ATM or Debit Card access?

Midland Federal offers a wide array of checking accounts to fit a variety of financial needs. All personal checking accounts make available the following conveniences: 24-Hour ATM access, VISA® Check Card, Voice Master® Telephone Banking, Direct Deposit, and an itemized monthly statement.

Reality Checking
Unlimited check writing; no minimum balance required; no monthly service fee; overdraft protection available; Check imaging

Traditional Checking
Unlimited check writing; low minimum balance; no monthly fee for seniors

Economy Checking
No minimum balance; low monthly fee; up to 15 free checks each month

NOW Checking
Competitive rate of interest; no service fee when the minimum balance is maintained; unlimited check writing

Club Plus Checking
Special benefits for one low monthly fee, including competitive rate of interest;  unlimited check writing; free personalized checks; and many more extras

Premier 50 Checking
Special account for customers 50 years and over, including free personalized checks; competitive rate of interest

Premier 50 Plus Checking
All the benefits of Premier 50 Checking; no minimum balance for a low monthly membership fee

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Deposit Accounts

Save for a rainy day or a leaky basement or a long-awaited vacation. Start saving now for your future and your future will be brighter.

Passbook Savings
If you like the idea of watching your savings grow, then a Passbook Savings Account is for you. Each transaction and interest credit will be posted to your passbook, making record keeping easy and convenient. Open a Passbook Savings Account with a minimum of $100.00.

Statement Savings 
Earn a competitive rate of interest, make unlimited deposits and withdrawals to your account, and receive a detailed monthly statement. Open a Statement Savings account with as little as $100.00. Apply for a Midland Federal Savings ATM card to gain access to your funds any time of the day and anywhere the Star® or Cirrus® logo is displayed.

IRA Passbook Savings
It is always a good idea to think about saving for retirement. And, with an IRA Passbook Account, you can add to it at any time and with any amount, up to your legal limit. Open this unique retirement savings account with as little as $10.00. 

Christmas Club Account
Get a jump on the holidays by opening a Midland Federal Savings Christmas Club Account. This systematic savings plan allows you to deposit a pre-set amount into an interest earning savings account. Make your deposits in person or automatically transfer funds from any checking or savings account. At the end of the club year (the end of October), we’ll send you a check for the principal and interest.

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