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Federal Deposit Insurance

Your deposit account is federally insured to at least $250,000 and backed by the full faith and credit of the U.S. government, so you never need to worry about the safety of your deposit accounts at Mid American.

 

Individual Accounts
Each member's funds are insured to at least $250,000, whether they are in one or multiple accounts.

 

Joint Accounts
In addition to the individual insurance of up to at least $250,000, any two or more persons may open joint accounts with an additional coverage of up to at least $250,000 in all joint accounts for each person.

 

Payable on Death (POD) & Revocable Trust Accounts
Each beneficiary on a payable on death (POD) or revocable trust account is separately insured to at least $250,000 for each owner. The person who has the power of revoking the trust is considered the owner of the trust. The beneficiary must be a natural (living) person or charitable or other nonprofit entity. Special rules apply if there are more than five beneficiaries and more than $500,000 is in the account.

 

Special Note about IRA Funds
In addition to the coverage listed above, your IRA funds are eligible for separate insurance up to $250,000. Roth, Traditional and SEP IRA funds are combined for total insurance on IRAs of up to $250,000.

 

Click here to estimate your share insurance coverage.

Boat and RV Loans

Boats, Motorhomes, Travel Trailers & Campers

Model Year Term As Low As (APR)*
New to 2005

Up to 120 Months

6.99%

New to 2005

121 to 180 Months

7.99%

2008 or older

Up to 48 Months

6.99%

*APR = Annual Percentage Rate. Actual rate based on credit history. Vehicle mileage may affect rate. Up to 120 months for loan amounts over $25,000.00. Effective May 9, 2016 and subject to change without notice.

Car Loans

New/Used Auto Loan Rates
Motorcycle/Jet Ski Loan Rates

Autos

Model Year

Term

As Low As (APR)*

New to 2010

Up to 75 Months

3.19%

2009 to 2005

Up to 63 Months

3.19%

2004 and older

Up to 48 Months

3.19%

 

Motorcycles/Jet Skis

Model Year

Term

As Low As (APR)*

New to 2005

Up to 60 Months

5.99%

Financing 76 to 84 months may be available; contact Financial Services at 316-722-3921, ext. 202.

*APR = Annual Percentage Rate. Actual rate based on credit history. Vehicle mileage may affect rate. Effective May 9, 2016 and subject to change without notice.

 Auto loan rates include .30% rate discount for electronic loan payment or for opening a new e-checking account.

Mortgages

MORTGAGE LOAN RATES

Effective July 28th, 2016 at 10:00am CST

APR = Annual Percentage Rate

**Please call for rates on mortgages below $100,000 or above $416,999.
**Rates quoted are for fixed rate mortgages, please call for variable mortgage rate information.
**Rates, origination fees, discount points and other information subject to change without notice.
**Rates quoted 60 day lock, extended locks available--call for details.

 

15 Year Conventional Mortgage

Amount  Rate  Points  APR 
 $200k to $416,999 2.875% 0 2.932%
$100k to $199,999 2.875 0 2.990

30 Year Conventional Mortgage

Amount  Rate  Points  APR 
 $200k to $416,999 3.625% 0 3.658%
$100k to $199,999 3.625% 0

3.690%

15 Year FHA Mortgage

Amount Rate Points APR
$200k 2.875% 0 3.254%

30 Year FHA Mortgage

Amount Rate Points APR
$200k 3.250% 0 3.460%

15 Year VA Mortgage

Amount Rate Points APR
$200k 2.875% 0 3.339%

30 Year VA Mortgage

Amount Rate Points APR
$200k 3.250% 0 3.508%

 

 

Signature

Signature

Type of Loan Term Rate (APR)
Share Secured Up to 36 Months 2% above Certificate Rate
Unsecured Up to 36 Months As Low As 11.90%*

*APR = Annual Percentage Rate. Actual rate based on credit history. Effective May 9,2016 and subject to change without notice.

VISA Credit Card

VISA Credit Card

Type Rate (APR )

Select VISA

9.90%

Everyday VISA

14.90%

Preferred Youth VISA

9.90%

*APR=Annual Percentage Rate. Effective May 9,2016 and subject to change without notice.

Mid American Credit Union8404 West Kellogg DriveWichita, KS 67209316.722.3921Fax 316.722.0920Privacy Policy