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CDs & Money Markets

Certificates of deposit (CDs)

Whether you want a secure investment, or additional money to supplement monthly income, CDs are a well-established method of capturing a higher rate of interest in return for investing your money for a specific period of time, ranging from one to 60 months.

Flex CD

A flexible term, variable rate CD requires a $100 minimum deposit. The rate itself is determined by the time invested. The interest rate can change in your account at any time. You may add to the principal of the certificate at any time. Interest will be compounded on the calendar quarter.

Terms available for 12, 18 and 24 months.

Certificate of Deposit Account Registry Service (CDARS)

Looking for a way to keep large deposits safe? With CDARS, you can receive up to $50 million in FDIC protection.

How CDARS works:

When you deposit a large amount at MidWestOne Bank, we place your funds into CDs issued by CDARS network members. This allows the bank to provide you with access to up to $50 million in FDIC insurance and the convenience of one-stop banking. Click here to learn more about how CDARS works. With CDARS you can:

  • Save time
  • Simplify record-keeping
  • Earn competitive rates
  • Support your community

For more information or to enroll in CDARS, contact us.

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