1104 Medical Park Dr
Fort Wayne, IN 46825
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.25% 1.05% →
2-Year CD 0.50% 1.11% →
5-Year CD 0.75% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Midwest America is an NCUA insured institution located in Fort Wayne, IN. It was founded in 1936 and has approximately $695.79 millions in assets.

NCUA Insured Yes
Charter Number # # 1427
Date Established 1936
Assets $695.79 million
Loans $524.76 million
Deposits $591.11 million
Capital $92.37 million

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school within the Allen County Investment Area in Fort Wayne, Indiana or businesses in the area, or to those who live or work in Vermilion or Coles Counties in Illinois, or in the underserved area consisting of Allen, Barren, Christian, Monroe, and Trigg Counties, Kentucky.

Deposit Rates - August 11, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.16% $10,000 $14,999 Learn More
Money Market
0.24% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
30 Mo CD
0.60% $10,000 $14,999 Learn More
30 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.70% $10,000 $14,999 Learn More
36 Mo CD
0.70% $100,000 $199,999 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
0.14% $1 $499 Learn MoreShow Less

Loan Rates - August 11, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MIDWEST AMERICA

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 13256
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.


Below are Midwest America branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Midwest America Locations

Financial Details

Midwest America Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Midwest America. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Midwest America U.S. Average
3.53% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Midwest America had $3,258,350 in non-current loans and $116,310 in owned assets. To cover these potential losses it had $92,372,011 in net worth and $3,297,000 in loans loss reserves. That gives it a Texas Ratio of 3.53%.

Net Worth
Midwest America U.S. Average
13.36% 13.61%

Midwest America FCU has a net worth of 13.36% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Midwest America

Branches and Savings

What is Midwest America?

A federal credit union, registered with the NCUA under certificate #1427.
Learn more about credit unions here.

Is Midwest America FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Midwest America?

Please see Field of Membership information above for information on who is eligible to join.

What are Midwest America's share account and share certificate rates?

Midwest America's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Midwest America?

Midwest America has total capital of $92.37 million. Full information on Midwest America's financial position is located above.

Who owns Midwest America?

Credit Unions are owned by their members.

Where are Midwest America branches located?

See branch locations nearby.

Are Midwest America ATMs Open 24/7?

Do Midwest America ATMs accept cash deposits?

Can Midwest America customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Midwest America have a mobile app?

Does Midwest America have mobile deposit?

Does Midwest America have quick pay?

How can Midwest America transfer money to other banks or credit unions?

Does Midwest America report to credit bureaus?

Does Midwest America use Chexsystems?

Does Midwest America use Equifax?

What is Midwest America's toll free phone number?

What is Midwest America's ACH Routing Number?

What is Midwest America's SWIFT code?

Where can I find Midwest America's wire transfer form?

What is the Midwest America address for deposits?

What Products Does Midwest America Offer

Does Midwest America offer mortgages?

Compare mortgage rates here.

Does Midwest America offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Midwest America offer auto and RV loans?

Compare auto loan rates here.

Does Midwest America offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Midwest America

There are currently no comments for Midwest America. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →