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Personal Savings

Whether you're saving for a vacation or setting an emergency fund aside, a FlexSaver account will help you reach your goals.

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What Is a FlexSaver Savings Account?

Opening a FlexSaver savings account makes it easy to deposit your money and grow your funds through interest. The more money you have in your account, the more you'll earn.

Over time, this interest will also compound, making a FlexSaver account a conservative investment option no matter what you're saving up for.

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Why Open a FlexSaver Account?

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Our personal savings accounts offer several benefits beyond competitive interest rates. These accounts:


  • Are easy to open.
  • Require a low deposit to get started.
  • Offer a low risk.
  • Give you access to your funds when you need them.


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With FlexSaver Account, you'll also be able to take advantage of:


  • Online banking.
  • Mobile banking with mobile deposit.
  • Text banking.
  • Money management.


Get Started

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The proof’s in the numbers.

Deposit as little as $100 each month and watch your savings grow, even after a short time.

Starting balance: $50

Year 1: $1,250

Year 2: $2,450

Year 3: $3,650      

Year 4: $4,850  

Year 5: $6,050

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FlexSaver Account Information


$0 per month when qualifications are met*

Minimum opening balance $50

Minimum daily balance to earn interest $0.01

Monthly service charge¹ $0


¹Knock your monthly maintenance fee down to $0 when you keep a minimum daily balance of $250 or receive a monthly electronic deposit (known as ACH) into this account. Otherwise, $3.


Personal Savings Accounts vs. Money Market Accounts

While personal savings accounts and Money Market Accounts (MMAs) share some similarities, they also have a few key differences. To open a FlexSaver account, you'll need a minimum opening balance of $50. For an MMA, you'll need an opening balance of $2,500.

With both types of accounts, you'll have access to your funds — but a Money Market Account can be used more like a checking account and includes a MasterCard® debit card and limited check writing. A FlexSaver account may be a better option if saving and not touching the funds is a priority for you.

Open a FlexSaver Account

Features and Benefits

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Automatic savings

Set up automated weekly, bi-weekly or monthly transfers from your Midland checking account.

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Convenient access

Get free, unlimited access to your account when you visit any Midland States Bank branch or ATM. This includes deposits, withdrawals or transfers.

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Overdraft protection

Link your FlexSaver account to your Midland checking account and protect yourself against unexpected overdrafts.

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Why Open a Personal Savings Account With Midland States Bank?

We're dedicated to making the process of opening an online savings account as simple and straightforward as possible. When you open an account with us, you can:

Flexible Savings Account FAQ

Yes! When you deposit funds into a FlexSaver Account at Midland States Bank, you'll be able to experience peace of mind knowing your account is insured by the FDIC up to the maximum coverage allowed.

There is a fee of $3 a month. However, maintaining a $250 daily balance or making an ACH deposit into the account during the month will waive that fee.

If you are 18 years or older and have a government-issued ID, you'll be able to open a new account online in about 10 minutes. Just provide your personal and contact information, U.S. address and social security number or employer identification number to get started.

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About Midland States Bank

At Midland States Bank, we're dedicated to helping all our clients reach their financial goals. With multiple branches and a full range of financial services available, you can count on our team to provide you with tailored, accessible services.

orange logo with cursor on it and white cubes floating around itStart Earning Interest and Growing Your Savings Today

Opening a savings account is quick and easy with Midland States Bank. Get started today and reach out to us if you have any questions.

Open An Account   Visit a Branch

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*The FlexSaver Savings account is paid with interest beginning to accrue no later than the business day we receive credit for the deposit of the noncash items (for example, checks.) Minimum balance to open a FlexSaver Savings account is $50 and the minimum daily balance to obtain the disclosed APY is $0.01. Fees could reduce earnings. Your interest rate may change at any time and without notice.

1) Monthly maintenance fee is $0 when you keep a minimum daily balance of $250 or receive a monthly electronic deposit (known as ACH) into this account. Otherwise, the monthly maintenance fee is $3.