Midland States Bank

You can take advantage of our high-yield savings accounts in Waterloo or at any of our Midland locations. We offer high-interest savings account options in the form of high-yield money markets, high rate CDs, or a traditional savings account, our FlexSaver Savings. The FlexSaver only requires a $0.01 minimum daily balance to earn interest. Our savings accounts are automatically FDIC insured up to $250,000 per depositor and for each account ownership category, so you can rest assured knowing your money is safe with Midland States Bank. If you aren’t sure what the best high yield savings account option is for you, we can help you determine the account that suits your needs. Simply call us at 1- 855-696-4352 to get started, or visit any Midland location.

Midland’s YouthSaver is a kids’ savings account that was made specifically for individuals under the age of 18, and it can be opened at any of our locations. The best savings account for kids is one that allows children to start building their funds from an early age, and our child savings account does just that! The YouthSaver must be co-owned, with a parent or guardian. This is a great bank account for teenagers ages 14-17. Then, once your child turns 18, the account will transfer to their name.

Yes, Midland States Bank offers joint accounts. You can open a joint checking account or a joint savings account in Waterloo. We make it easy for both owners to manage the account. If you need help choosing which account fits both owners’ needs, our Bankers can help you determine what the best joint bank account option is for you.

For our CDs with highest rates in Waterloo, check out our CD Specials on our website or by calling us at 1-855-696-4352.

The bank is open Monday to Friday from 9:00 AM to 5:00 PM, and on Saturday from 9:00 AM to 12:00 PM. It is closed on Sundays.

Yes, the bank offers drive-through service Monday through Saturday. The drive-through is open from 8:30 AM to 5:00 PM on weekdays, until 5:30 PM on Fridays, and 8:30 AM to 12:00 PM on Saturdays. It is closed on Sundays.

The bank is closed on several holidays including Veterans Day (November 11), Thanksgiving (November 27 and 28), Christmas Day (December 25), New Year's Day (January 1), and other specific holidays listed for 2025 and 2026.

They offer personal checking and savings accounts, personal debit and credit cards, online and mobile banking, home equity loans and lines of credit, mortgages, vehicle loans, personal investing, retirement planning, and wealth management services.

Yes, Midland States Bank offers business checking and savings accounts, business debit and credit cards, public funds management, business loans including SBA loans, agricultural and commercial lending, commercial equipment financing, receivable and payable solutions, money management, and merchant services.

Yes, Midland offers the YouthSaver kids' savings account for individuals under 18, which must be co-owned by a parent or guardian. It’s designed to help children start saving early and transfers to the child at age 18.

Nearby automotive service centers include Tire Choice Auto Service Centers and Auto Tire Car Care Centers, both offering brake service and tire repair, which could be convenient if you need vehicle maintenance during your visit.

Yes, fast food options nearby include Burger King and McDonald's. There is also Tequila Mexican Restaurant if you prefer a sit-down dining experience after your bank visit.

Nearby health services include Quantum Vision Centers, Illinois Eye Surgeons, Clarkson Eyecare for eye care, as well as Beard and Holmen dentist and Heart To Heart Pediatrics for medical needs.

Yes, Schnucks-Waterloo grocery store and Bradford Station gas station are close by, making it easy to complete errands such as shopping or fueling your vehicle conveniently before or after your banking visit.