A wise investment strategy includes a liquid account that is safe, secure and offers a competitive rate of return. Traditional Money Market accounts don’t always fit the bill, and Certificates of Deposit can be too restrictive. MidCountry Money Management provides a unique solution, blending favorable rates with flexibility to give you the best of both worlds.
What is Unique About MidCountry Money Management?
MidCountry Money Management allows you to invest any amount over $5,000 and earn premium rates on your deposit for a 36-month term. At the time of your deposit, graduated interest rates are determined for the duration of the investment period. Interest rates adjust at six month increments until the term ends, providing a blended rate.
Many deposit accounts have penalties that erode your earnings. If you need access to funds during the term, MidCountry Money Management allows one withdrawal without penalty during each six month rate adjustment period, provided the $5000 minimum balance is maintained.
You are welcome to replace any withdrawals previously made by depositing once per six month period. Deposits may be subject to certain restrictions. Please contact us for more details.
How Can MidCountry Money Management Fit My Savings Plan?
There are a myriad of advantages to this unique account:
- Maximize earnings on shorter term funds without sacrificing liquidity
- Access to your cash for unexpected financial needs
- Ownership flexibility, for either personal and/or business accounts