Current Rates


Deposit Rates Loan Rates
Certificates of Deposit Home Mortgage Loans
Checking & Savings Accounts Adjustable Rate Mortgages (ARM)
Money Market Accounts  
Health Savings Accounts  
For additional deposit rate information,
please contact our
Customer Service Department
For additional loan rate information,
contact our
Consumer Loan Department
   

Certificates of Deposit Interest Rates & Yields

(Rates are current as of October 16, 2014. Rates shown are not guaranteed and are subject to change without notice. A substantial penalty may be assessed on funds withdrawn prior to maturity. Fees may reduce earnings.For complete information on deposit accounts, including up-to-the minute rate and fee information, please consult a Midland National Bank Customer Service Representative.)

CD Type & Term
Interest Rate APY Min. Opening Deposit
7 Days 0.05% 0.05%* $500
8 - 89 Days 0.05% 0.05%* $500
90 - 181 Days 0.10% 0.10%* $500
6 Months 0.20% 0.20%* $500
12 Months 0.25% 0.25%* $500
14 Months - Jump Rate 0.25% 0.25%* $500
18 Months - Jump Rate 0.35% 0.35%* $500
24 Months - Jump Rate 0.45% 0.45%* $500
36 Months - Jump Rate 0.70% 0.70%* $500
48 Months - Jump Rate 0.90% 0.90%* $500
60 Months 1.00% 1.00%* $500
APY = Annual Percentage Yield
                     

Checking & Savings Accounts, Interest Rates & Yields

 
(Rates are current as of October 16, 2014. Rates shown are not guaranteed and are subject to change without notice. For complete information on deposit accounts, including up-to-the minute rate and fee information, please consult a Midland National Bank Customer Service Representative.)  
Account Type Interest Rate APY Min. Opening Deposit
Green Account     $50
 Balance under $1,500 No Interest    
 Balance over $1,500 0.03% 0.03%*  
Value Account     $50
 Balance under $1,500 No Interest      
 Balance over $1,500 0.03% 0.03%*    
Interest Account     $50  
 Balance under $1,500 No Interest      
 $1,500 - $5,000 0.03% 0.03%*    
 Balance over $5,000 0.07% 0.07%*    
Regular Savings 0.075% 0.075%* $50
Health Savings 0.05% 0.05%* $50
Christmas Club Savings 0.40%^ 0.40%^ $50
Money Market      
 Balance under $10,000 0.03% 0.03%* $1,000
 $10,000 - $49,999 0.03% 0.03%*  
 $50,000 - $249,999 0.07% 0.07%*
 Balance over $250,000 0.10% 0.10%*
Business Interest Checking 0.03% 0.03%* $50
Annual Percentage Yield (APY) is accurate as of the dates shown above.
* Rates may change after the account is open & fees could reduce the earnings on the account.
^ Interest compounded daily and paid annually. Account not available to commercial/business customers.
     

U.S. Treasury Bills

   
Term Interest Rate  
3 Month Treasury Bill 0.010%  
6 Month Treasury Bill 0.040%  
   

Fixed Rate Mortgage Loan Interest Rates

 (Rates are current as of September 25, 2014. Rates shown are not guaranteed and are subject to change without notice.)
         
The rates quoted below are for first mortgage loans on single-family, owner occupied, primary residential properties only in excess of $50,000.00. Rates offered are not guaranteed and are subject to change without notice. Terms may be locked-in, subject to a loan application and with final approval of credit and property. All loans are subject to minimum down payment, minimum credit scores, and maximum loan limits.
         
30 Year Rate Points Origination Fee APR
  4.125% 0 $0 4.167%
Example: Based on a 20% down payment with no origination fee, a $100,000 loan would require 360 monthly principal and interest payments of $484.65 at a Note rate of  4.125%. The resulting annual percentage rate is 4.167%.  The payment does NOT include amounts for taxes and insurance premiums.  If applicable, the actual payment will be greater.  
         
15 Year Rate Points Origination Fee APR
  3.250% 0 $0 3.323%
Example: Based on a 20% down payment with no origination fee, a $100,000 loan would require 180 monthly principal and interest payments of $702.67 at a Note rate of 3.250%. The resulting annual percentage rate is 3.323%.  The payment does NOT include amounts for taxes and insurance premiums.  If applicable, the actual payment will be greater.
APR = Annual Percentage Rate
Rates often change several times per day. For a specific rate quote, please contact one of our Mortgage Lending Experts and let us give you the BEST AVAILABLE RATE!
Contact: Marcene Carstensen or Paul Suderman now for a rate quote!
 
Go to Loan Disclosures & Applications
 

Adjustable Rate Mortgages (ARM) Interest Rates

(Rates are current as of June 3, 2014. Rates shown are not guaranteed and are subject to change without notice.)
The rates quoted below are for firsst mortgage loans on single-family, owner occupied, primary residential properties.  Rates offered are not guaranteed and are subject to change without notice.  Terms may be locked-in, subject to a loan application and with final approval of credit and property.  All loans are subject to minimum down payment requirements, minimum credit scores, and maximum loan limits.  Information on other loan programs, included Bridge and Construction Loans are available upon request.
 
Term Rate Points Origination Fee APR
3/1 ARM 3.750% 0 $300.00 3.793%
5/1 ARM 4.250% 0 $300.00 4.294%
         
3/1 ARM Example:  Based on a 20% down payment with a $300.00 origination fee, a $100,000 loan would require 360 monthly principal and interest payments of $463.22 at a Note rate of 3.750%.  The resulting annual percentage rate is 3.793%.  The payment does NOT include amounts for taxes and insurance premiums.  If applicable, the actual payment will be greater.  The interest rate may increase after loan origination.
5/1 ARM Example:  Based on a 20% down payment with a $300.00 origination fee, a $100,000 loan would require 360 monthly principal and interest payments of $492.06 at a Note rate of 4.250%.  The resulting annual percentage rate is 4.294%.  The payment does NOT include amounts for taxes and insurance premiums.  If applicable, the actual payment will be greater.  The interest rate may increase after loan origination.
APR = Annual Percentage Rate
 
Go to Loan Disclosures & Applications

 


 



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