Grow Your Savings with a Money Market Account
Earn interest while keeping your savings accessible. Plus, your Midland relationship could help you earn even better rates.
A Money Market Account is designed for balances beyond everyday spending, giving you a place to set aside funds while maintaining access when needed. For daily spending and bill pay, pair your Money Market with a Midland checking account.
$0 per month when qualifications are met1
$2,500 minimum opening balance
$0.01 minimum daily balance to earn interest
$0 or $15 monthly service charge1
Your Midland relationship and Money Market balance could help you earn a better rate.
Have an eligible Midland High Yield Checking account.
Maintain your Money Market Account.
Relationship APYs apply based on your daily Money Market balance.
| Money Market Account | Certificate of Deposit | Savings Account | |
|---|---|---|---|
| Interest Rate | Moderate to High | High | Lower |
| Opening Deposit | $2,500 | $500 | $50 |
| ATM Access | |||
| Check Writing | |||
| Early Withdrawal Penalty | |||
| FDIC Insurance | |||
| Additional Benefits | Occasional check writing and debit card access available | Guaranteed rate and return | Simple and easy to use |
| Interest Rate | Moderate to High |
|---|---|
| Opening Deposit | $2,500 |
| ATM Access | |
| Check Writing | |
| Early Withdrawal Penalty | |
| FDIC Insurance | |
| Additional Benefits | Occasional check writing and debit card access available |
| Interest Rate | High |
|---|---|
| Opening Deposit | $500 |
| ATM Access | |
| Check Writing | |
| Early Withdrawal Penalty | |
| FDIC Insurance | |
| Additional Benefits | Guaranteed rate and return |
| Interest Rate | Lower |
|---|---|
| Opening Deposit | $50 |
| ATM Access | |
| Check Writing | |
| Early Withdrawal Penalty | |
| FDIC Insurance | |
| Additional Benefits | Simple and easy to use |
Open a Midland Money Market Account to grow your savings while keeping your money accessible. Plus, your Midland relationship could help you earn even better rates.
The tellers are all so friendly and the service is very personal. They suggested I think about a Money Market Account and were clear in their explanation. They were not pushy, but answered my questions, and then let me mull it over and take my time. I am so glad they did, and opening the money market account was very simple. But, I think the main thing is I feel they know me as a person and help me when I get confused.Deborah, Customer for 14 Years
I love the online access and use it and the app often.Jack, Customer for 16 Years
There are exceptional people working at Midland States Bank. They are always friendly and helpful whenever I encounter them. Always ready and willing to solve any problem I may need help with.Linda, Customer for 30 Years
What Do You Need to Open a Bank Account?
Whether you're starting your first account or adding a new one, knowing what you need to open a bank account can save you time and hassle. Here's what you need to get started.
Do Checking Accounts Earn Interest?
Did you know checking accounts can help grow your money? Let’s break down how and when you can earn interest from your checking account.
Our team of dedicated professionals are here to support you.
1Knock your monthly service charge down to $0 when you maintain a
daily balance of $2,500. Otherwise, $15.
*Annual Percentage Yields (APYs) are accurate as of September 1, 2026. Rates are variable and may change after account opening. To earn a relationship APY, you must be an owner of both a Midland Money Market Account and an eligible Midland High Yield Checking account, with at least one common owner. The High Yield Checking account must remain open, in good standing and meet applicable requirements. If relationship requirements are not met, the applicable standard APY will apply based on your Money Market balance. Minimum opening deposit is $2,500; minimum daily balance to earn interest is $0.01. Interest begins accruing no later than the business day we receive credit for noncash deposits. Fees could reduce earnings.
