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Mid American Credit Union

Best ForActive Investors & Savers
FeesNone ($0 Maintenance)

Quick Summary

  • Credit union
  • Investment options
  • 6 interest rate tiers
  • NCUA insured

The Verdict

Mid American Credit Union provides essential HSA features with zero monthly maintenance fees and self-directed brokerage access, CD options, earning a 2.4/5.0 rating from HSA Orbit.

Mid American Credit Union has grown to be a full-service financial institution with assets of $400 million. Mid American serves more than 500 employers in Kansas and 45,000 members nationwide. Some of the largest employers in the Wichita area are served by Mid American, including Learjet/Bombardier, Coleman, and Sedgwick County. Of course, even the smallest companies are able to offer the benefits of credit union membership to their employees - at no cost.

Our mission at Mid American Credit Union is to be the best choice for quality financial services, above and beyond all other alternatives. Mid American is dedicated to bringing a full range of convenient and economically priced services to its membership nationwide.

Key Features

Banking & Access

Includes debit card.

Investment Options

Offers self-directed brokerage and CDs.

Security & Insurance

Deposits are FDIC/NCUA insured for your protection.

Account Details

No minimum balance to open. no account opening fees.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance*$0.00$0.69EXCELLENT
Account Opening$0.00$1.88EXCELLENT
Account Closing$0.00$1.95EXCELLENT

* No monthly fee

Industry averages calculated from 853 providers in the HSA Orbit database.

Investment Options

Brokerage Access

Mid American Credit Union provides a self-directed brokerage window for investing your HSA funds in the broader market.

StocksETFsCDs

Interest Rates

Standard Rates

Balance RangeAPY
$0 - $10,0000.05%
$10,000 - $50,0000.10%
$50,000 - $100,0000.15%
$100,000 - $500,0000.20%
$500,000 - $1,000,0000.25%
$1,000,000+0.30%

Last updated: 08-13-2024

Contact Information

Address

8404 West Kellogg Drive Wichita, KS 67209 Customer Service Mailing Address 8404 West Kellogg Drive Wichita, KS 67209

Customer Service

800-366-6228

8404 West Kellogg Drive Wichita, KS 67209 Customer Service Mailing Address 8404 West Kellogg Drive Wichita, KS 67209

At a Glance

Monthly Fee$0
Investment Threshold$0
Interest Rate (Cash)~0.30%
Debit CardIncluded
FDIC InsuredYes

Pros & Cons

The Good

  • No monthly maintenance fees
  • No account opening or closing fees
  • Self-directed brokerage access
  • FDIC/NCUA insured deposits

The Bad

  • No online banking

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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