Rising Bank, a division of Midwest BankCentre:
Online Savings Account - 0.45% APY

• $1,000.00 Minimum balance to open the account.
• Must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
• This account will automatically renew at maturity.
• Interest Credited on every 3 months.
• Account Maximum - $500,000.
• Transfers from a High Yield Savings account to another account or to third parties by preauthorized, automatic or computer transfer are limited to six per four (4) week or similar period with no transfers by check, draft, debit card, or similar order to third parties.
• withdraw a maximum of $25,000 per day.
• deposit a maximum of $250,000 per day.


Fee and Feature Guide

Savings Account
Interest Rate
APY 0.45%
Minimum deposit amount $1,000.00
Maximum deposit amount $500,000.00
Balance Requirements
Minimum Opening Deposit $1,000.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $1,000.00
Fees
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee $25.00
Incoming Wires N/A
Statements
Paper Statements Yes
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking Yes
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for Rising Bank, a division of Midwest BankCentre


  • August 13, 2021 |

    Online Savings Rates

    Very pleased with the no penalty cd which locks in a rate for 15 months and is always .10% above the savings rate.

  • June 25, 2020

    Online CDs 12 Month Rates

    I can tell you nothing of this bank. I can tell you the rate posted here is incorrect (FIFTH one today!) I only wish I could review BestCashCow.

  • June 28, 2019 |

    Online CDs 12 Month Rates

    I called and was told that the early withdrawal penalties are only 90 days on a 1-year CD and 180 days on anything longer. That seems more reasonable that the other penalties I see in this table. Is there any bank offering still lower early penalties in case I need the money in an emergency?

  • May 3, 2019 |

    Online CDs 12 Month Rates

    An online bank this is not. I suggest you remove it from the list.

  • April 2, 2019

    Online Savings Rates

    Stay away. Thought was a scam.

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