There are a million good reasons to save - maybe more
Save for big purchases, major repairs and home remodeling. Save for family vacations, holiday festivities and educational expenses. Save so that you can enjoy life more and worry a little less. At Mid American, we offer a variety of accounts that can help you grow your money and be ready for anything the future might bring.
Why open a savings account?
- Safe place to grow your money
- Build good financial habits
- To be prepared for emergencies
- Out of sight, out of mind
Mid American also offers Boost Your Savings that allows you to round up your debit card purchases and automatically save the difference. It's an effortless way to grow your savings.
Basic Membership Savings
Opening a Membership Savings account establishes your membership in Mid American Credit Union. That gives you access to all our first-rate loans, deposit accounts and other financial services.
No monthly fee if balance stays above $100 | Three free withdrawals per month
Earn dividends | Nationwide ATM access | Account can be used for Overdraft Protection
Freedom Savings
Young adults are always looking for ways to become more independent. This account gives 16-to-24-year-olds a chance to save money now and do fun things with it later.
With no monthly fees, this gives you the freedom to start saving for tomorrow.
Elevate Savings, High Yield Savings
Your money deserves a better rate. For a limited time, Mid American Credit Union is offering Elevate Savings, a new tiered high-yield savings account. Whether you're saving for today or planning for tomorrow, give your savings a raise and switch today.
Elevate Savings. Because Every Dollar Deserves More.
No monthly fees | No minimum deposit | Earn high-yield dividends on your balance
Christmas Savings
Make the holiday season a little brighter with a Christmas Savings account. Save throughout the year for gifts, celebrations, travel, decorations, and all the special moments that make the holidays memorable. Open an account at any time of the year and contribute whenever you'd like while earning competitive dividends. Funds can be withdrawn penalty-free from October 1 through December 31, making it easy to access your holiday savings when you need it most.
ATM access is not available for this account, and it cannot be used for overdraft protection.
Vacation Savings
Whether you're dreaming of a tropical beach, a Caribbean cruise, a family road trip, a mountain getaway, or an adventure abroad, a Vacation Savings account can help you get there. Set money aside throughout the year with regular deposits, earn competitive dividends on your balance, and enjoy the flexibility of up to three free withdrawals per month. It's an easy way to keep your travel goals on track and be ready when it's time to make memories.
ATM access is not available with this account, but it can be used for Overdraft Protection.
Payroll Plus Savings
Make saving automatic with a Payroll Plus Savings account. By directing a portion of your paycheck or Social Security check into this account, you can steadily grow your savings without having to think about it. Designed to encourage consistent saving, this account offers a higher dividend rate when a minimum monthly balance of $500 is maintained. Members can make one free withdrawal per month, providing limited access while helping savings stay on track.
Non-payroll deduction deposits of up to $500 may be made during the first 90 days after opening the account.
ATM access and overdraft protection are not available with this account.