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Platinum Tiered Checking Account Information

We offer a variety of different options for Checking, Savings, CDs, and other account services. The following information provides details for available account services and applicable disclosure information for Midwest National Bank's Platinum Tiered checking account product.

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Platinum Tiered Checking

The Platinum Tiered checking account is for customers who desire to earn interest while keeping their funds available within a checking account vs other form of traditional interest-bearing accounts such as CDs or Money Market accounts.

Requires $1,000 to open, can earn interest based on Daily Balance and Daily Interest Rates, first box of check is free, higher daily balances will result in higher daily interest rates.  Call 1-618-247-3318 to inquire and learn the up-to-date balance requirements and interest rates.

Customers seeking to open a Platinum Tiered checking account will automatically receive a Debit/ATM card, enrollment in eStatements will activate the delivery of your monthly checking account statements to a valid email address. 

Customers will also be automatically enrolled in Digital Internet Banking is supported by using a web browser on your computer system to login to the online banking portal.  Enroll in Digital Internet Banking to monitor your account transactions, take advantage of digital deposit options, and quickly stop your Debit/ATM card in the event of loss or theft using the mobile app. 

A tiered interest account is based upon minimum balance maintained in association with interest rate applicable.

Example: A $5,000+ daily balance which never drops below this threshold will earn a higher daily interest rate than the same type of account which has a daily balance between $1,000-$2,000.  Interest Rates along with daily account balance minimums are subject to change.  Be sure to call for up to date information regarding this special type of checking account.


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