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Savings Accounts

Savings accounts are simple, interest-bearing accounts that offer safety and liquidity. They are a convenient, simple way to save regularly for specific financial needs or to establish and contribute to an "emergency" fund. A savings account is also the perfect complement to a First Midwest Checking account. With a wide selection of telephone , in-person , online , and automatic funds transfer options, it's easy to keep your savings balances growing while maintaining enough money in your checking account to pay your bills. All First Midwest Savings accounts feature:

  • Competitive interest credited monthly.
  • Free eStatements .
  • The ability to make deposits in person, by Banking Card , by automatic transfer from a First Midwest Checking account, or with employer-offered Direct Deposit.
  • Access to your funds at any time.
  • Combined statements with your other First Midwest accounts.
  • 100 Tuition Rewards points plus 5% annually of your year-to-date average account balance.

Statement Savings

A Statement Savings account from First Midwest is the easiest way to put yourself on the path to a healthy financial future. You can deposit funds into your FDIC-insured account when you visit a branch , execute a transfer between your First Midwest Checking and Savings accounts via Online & Telephone Banking , at any ATM , or via direct deposit. You can also withdraw funds when you need them at any ATM or by visiting any of our branches . As a special benefit for select clients, the monthly maintenance fee is waived - regardless of balance - for those under the age of 18 and over the age of 65.

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Investor Reserve Savings

With a perfect blend of security and return, our Investor Reserve account features the accessibility of a traditional Statement Savings account and offers money market-like returns with a tiered rate structure, so the interest you earn grows as your balance increases.

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Savings Rates

Click here to view our savings rates and to open your new First Midwest Savings Account today.

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Savings Calculator

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Customer Care

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Call us at 800-322-3623 .

  • Monday - Friday: 7am to 7pm
  • Saturday: 8am to 5pm
  • Sunday: 9am to 2pm

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