Questions? 1-800-867-5309  ·  Find a branch
Savings solutions

Grow your money with
flexible savings tools

Whether you're building an emergency fund or preparing for a big milestone, we help you stay on track — and stay motivated.

Illustrative rates

Find the right savings account

Three products designed around how members actually save — from everyday goals to long-term milestones.

📈

High-Yield Savings

3.15%
APY · $0 minimum balance

Keep your emergency fund liquid while earning a competitive dividend rate that beats most traditional savings accounts.

  • Unlimited transfers to First Midwest accounts
  • Rename goal buckets & track progress visually
  • Monthly insights highlight trends
  • Instant transfers between your accounts
Open High-Yield Savings
🔒

Goal Builder CDs

4.25%
APY · 12-month term

Lock in a higher rate with flexible maturity options and milestone-based partial withdrawals — your money, your timeline.

  • Deposit as little as $500 to get started
  • Automatic ladder suggestions every renewal
  • Penalty-free access to 20% once per term
  • Multiple term lengths available
Discuss CD options
🌱

Junior Launch Savings

$10
Opening deposit · Ages 8–17

Help younger members build smart habits early — with allowances, chore tracking, parent controls, and milestone badges.

  • Automatic allowance transfers weekly
  • Progress badges for savings milestones
  • Shared visibility with parent/guardian
  • Real money, real lessons, real confidence
Open Junior Account
Save with a plan

Three ways members
put savings on autopilot

1

Emergency buffer

Set an automatic transfer from your paycheck to build three months of expenses without thinking about it.

2

Dream vacation bucket

Create a bucket labeled "Summer Road Trip," track contributions, and get alerts at every 25% milestone.

3

Tuition planning

Pair Goal Builder CDs with automatic deposits timed to match semester due dates.

Your money.
Your goals. Your pace.

We built our savings tools around how real families actually save — not around account minimums or complex tiers. Start small, stay consistent, and let your balance do the work.

Every savings account includes free digital banking, goal tracking, and local support whenever you need it.

Common questions

Frequently asked questions

Quick answers about our savings products and how they work.

Transfers between First Midwest accounts are instant. External transfers typically post within 1–2 business days depending on your other institution.
Variable rates can change with market conditions. We notify members by email and highlight any rate updates inside the app so you're never caught off guard.
Absolutely. Name each bucket whatever motivates you, set a target amount, assign a photo or icon, and track your progress right from the app.
No minimum balance required to earn the full APY. Start with whatever you have today — even a small amount earns the same competitive rate.
You'll receive a notice before maturity with your options: renew at the current rate, change the term, add funds, or withdraw. We also offer automatic ladder suggestions.
Yes. Junior Launch Savings gives parents and guardians shared visibility through a linked view in the app, with the ability to approve transfers and set spending notifications.

Start saving smarter today

Open a savings account in minutes. No minimums, no monthly fees, and rates that actually work for you.