Winter Weather Closing

Due to hazardous winter weather conditions, these locations are currently closed today, January 22: Okoboji, Spirit Lake, Sherburn.  The following locations will close at 1:30 p.m.:  Armstrong, Fairmont, Jackson, New Ulm, Westbrook and Windom.  Sioux Falls and Wall Lake will remain open for normal business hours.

FDIC Protection


Keeping your deposits safe.


Bank Midwest is a member of the FDIC, an independent agency of the U.S. Government — the Federal Deposit Insurance Corporation (FDIC) — which insures your deposits up to $250,000 per depositor.

Account Types Insured

The FDIC insures deposits held in the following types of accounts up to the insured limit:

  • Checking
  • NOW
  • Savings
  • Money market deposit accounts
  • Certificates of Deposits (CDs)

Account Types Not Insured

Even if you purchase these products from an insured bank, the FDIC does not insure the money you invest in:

  • Stocks
  • Mutual funds
  • Life insurance policies
  • Annuities
  • Municipal securities

Helpful Links