Midland offers businesses a variety of savings investment tools. From regular savings or money market accounts to Certificate of Deposits, these investment accounts offer you the flexibility to set-aside money for purchases, expansion, lending collateral and future business initiatives. If you are concerned about risk, your funds are insured by the Federal Deposit Insurance Corporations (FDIC) up to the standard limits.
Please contact us at 1-855-MY-MIDLAND and ask to speak with your local Commercial Relationship Manager or to request a consultation. A Commercial Relationship Manager will promptly contact you so that you will be aligned with the right financial products and services that will make your money work harder for you.
Business savings accounts
A savings account is the easiest way to save money and earn interest. While withdrawals are limited, it is still one of the safest ways to start saving money for the future of your business.
Business money market accounts
A business money market account is the perfect place to invest your returns because it offers higher rates than a general deposit account with zero risk compared to other investments. Another attractive benefit is the ability to access your funds, so if you need to pay for equipment or a purchase, you can take out as much as you need at any time.
Keep in mind there are government established transaction limits on all money market account as well as charges associated with exceeding these limits. Understanding your account will help you avoid additional charges.
Certificates of Deposit accounts
Certificates of deposit (CDs) will put money to work for you by earning higher interest rates than on savings products, depending on the term you select. They are a great investment option if you have extra cash on hand that is allocated for a future purpose, such as equipment purchases, acquisitions or expansions. You cannot make early withdrawals without an interest penalty and CDs are not accessible by check or debit card. CDs have a maturity date and a grace period providing access to the funds without a penalty.
Midland offers you flexibility in maturity terms. A variety of maturity terms are available, ranging from several days to several years. Your business can determine the CD term and align it with the timeframe that your company will need access to the funds. By doing this, you will earn a higher return and complement your cash management strategy.
Still have questions?
When you have a question, we're just a phone call away. Our Customer Care Specialists are available to answer your account questions quickly by calling us at 1-855-MY-MIDLAND.
Find your nearest location.
Our full-service Banking Centers are available for your daily transactions, but also available for those special inquiries to discuss your everyday banking, financing or wealth building needs. Find a location