Rates

MIDFLORIDA Account Rates

To better serve our members, MIDFLORIDA periodically reviews our rates to ensure we stay competitive and always offer you the best rates possible. Take a look at the rate and Annual Percentage Yield (APY) for our interest-bearing checking, savings and business accounts below. Rates effective as of December 1, 2024.1

Personal Checking

Rates apply to the amount within the specified tier. APY depends on the balance in the account.

Personal Checking Accounts

Minimum to open $1,500

Account Dividend Rate APY
$0.01 to $10,000.00 4.889% 5.00%
$10,000.01 & over 0.000% 5.00% to 0.00%

Minimum to open $500

Account Dividend Rate APY
$0.01 to $1,499.99 0.000% 0.00%
$1,500.00 & over 0.010% 0.00% to 0.01%

Minimum to open $1,000

Account Dividend Rate APY
$0.01 to $999.99 0.250% 0.25%
$1,000.00 to $10,000.00 0.250% 0.25% to 0.25%
$10,000.01 & over 0.050% 0.25% to 0.05%

Personal Savings

Rates apply to the amount within the specified tier. APY depends on the balance in the account.

Personal Savings Accounts

Minimum to open $25,000

Account Dividend Rate APY
$0.01 to $24,999.99 2.960% 3.00%
$25,000.00 to $49,999.99 2.960% 3.00% to 3.00%
$50,000.00 to $99,999.99 2.960% 3.00% to 3.00%
$100,000.00 to $249,999.99 2.960% 3.00% to 3.00%
$250,000.00 to $999,999.99 2.960% 3.00% to 3.00%
$1,000,000.00 & over 2.960% 3.00% to 3.00%

Minimum to open $25,000

Account Dividend Rate APY
$0.01 to $9,999.99 0.350% 0.35%
$10,000.00 to $24,999.99 0.350% 0.35% to 0.35%
$25,000.00 to $49,999.99 0.450% 0.35% to 0.40%
$50,000.00 to $249,999.99 0.550% 0.40% to 0.52%
$250,000.00 & over 0.100% 0.52% to 0.10%

Minimum to open $100

Account Dividend Rate APY
$0.01 to $2,000.00 4.889% 5.00%
$2,000.01 and over 0.010% 5.00% to 0.01%

Minimum to open $50

Account Dividend Rate APY
All balances 0.010% 0.01%

Minimum to open $1,000

Account Dividend Rate APY
$0.01 to $999.99 0.010% 0.01%
$1,000.00 & over 0.010% 0.01%

Minimum to open $100

Account Dividend Rate APY
All balances 0.010% 0.01%

Minimum to open $5

Account Dividend Rate APY
$0.01 to $9,999.99 0.010% 0.01%
$10,000.00 to $100,000.00 0.010% 0.01% to 0.01%
$100,000.01 & over 0.010% 0.01% to 0.01%

Minimum to open $5

Account Dividend Rate APY
$0.01 to $5,000.00 0.995% 1.00%
$5,000.01 & over 0.010% 1.00% to 0.01%

Minimum to open $20

Account Dividend Rate APY
$0.01 to $4,000.00 1.982% 2.00%
$4,000.01 & over 0.010% 2.00% to 0.01%

Business Checking

Rates apply to the amount within the specified tier. APY depends on the balance in the account.

Business Checking Accounts

Minimum to open $500

Account Dividend Rate APY
$0.01 to $10,000.00 3.928% 4.00%
$10,000.01 to $25,000.00 0.050% 4.00% to 1.61%
$25,000.01 to $50,000.00 0.050% 1.61% to 0.83%
$50,000.01 to $100,000.00 0.050% 0.83% to 0.44%
$100,000.01 & over 0.050% 0.44% to 0.05%

Business Savings

Rates apply to the amount within the specified tier. APY depends on the balance in the account.

Business Savings Accounts

Minimum to open $10,000

Account Dividend Rate APY
$0.01 to $10,000.00 3.010% 3.05%
$10,000.01 to $100,000.00 3.450% 3.51%
$100,000.01 to $250,000.00 3.930% 4.00%
$250,000.01 to $1,000,000.00 4.170% 4.25%
$1,000,000.01 & over 4.170% 4.25%

Minimum to open $100

Account Dividend Rate APY
All balances 0.010% 0.01%

Minimum to open $50,000

Account Dividend Rate APY
$0.01 to $50,000.00 0.450% 0.45%
$50,000.01 to $250,000.00 0.550% 0.45% to 0.53%
$250,000.01 & over 0.350% 0.53% to 0.35%
1. Fees may reduce earnings. Rate may change after the account is opened.

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